Today, premier ETF provider ProShares launched the ProShares
MSCI Transformational Changes ETF (NYSE: ANEW). ANEW invests in
companies which may benefit from transformational changes in how we
work, take care of our health, and consume and connect—changes
accelerated by COVID-19.
“Many global industries are experiencing rapid transformational
changes that may offer compelling investment opportunities,” says
ProShares CEO Michael L. Sapir. “ANEW is designed to harness the
potential growth of these companies as they reshape our new
world.”
ANEW provides access to companies involved with one or more of
four key Transformational Changes, as determined by MSCI Inc., the
index provider: Future of Work, Genomics & Telehealth, Digital
Consumer, and Food Revolution.
“Consider the big picture: use of commercial robots almost
tripled to 2.7 million over the past decade, the cost of sequencing
a human genome has dropped 99% in 15 years, and e-commerce grew at
an annualized rate of 82% in 2020—these are dramatic changes,” says
Scott Helfstein, Executive Director, Thematic Investing at
ProShares. “The way we behave as workers and consumers is
changing—accelerated by COVID-19—and investors should pay attention
to the companies evolving to meet these challenges.”
ANEW tracks the MSCI Global Transformational Changes Index,
which includes U.S., non-U.S., developed, and emerging market
companies that provide products or services associated with one or
more of the Transformational Changes. Each Transformational Change
is weighted as 25% of the index, and companies may be selected for
more than one Transformational Change. Final weights for each
company are subject to a maximum weight of 2.00%.
ProShares is a leader in thematic investing, and ANEW builds on
the firm’s current successes in this space, joining retail
disruption, infrastructure and pet care ETFs. The funds are as
follows:
ProShares ETF
Ticker
Index
MSCI Transformational Changes
ANEW
MSCI Global Transformational
Changes Index
Online Retail
ONLN
ProShares Online Retail Index
Long Online/Short Stores
CLIX
ProShares Long Online/Short
Stores Index
Decline of the Retail Store
EMTY
Solactive-ProShares Bricks and
Mortar Retail Store Index
DJ Brookfield Global Infrastructure
TOLZ
Dow Jones Brookfield Global
Infrastructure Composite Index
Pet Care
PAWZ
FactSet Pet Care Index™
About ProShares
ProShares has been at the forefront of the ETF revolution since
2006. ProShares now offers one of the largest lineups of ETFs, with
more than $40 billion in assets. The company is the leader in
strategies such as dividend growth, interest rate hedged bond and
geared (leveraged and inverse) ETF investing. ProShares continues
to innovate with products that provide strategic and tactical
opportunities for investors to manage risk and enhance returns.
Important Information
Weightings may fluctuate between rebalance dates and may be
higher or lower than the indicated amounts.
This is not intended to be investment advice. There is no
guarantee forecasts will be met.
Sources: International Federation of Robotics, September 2020;
National Human Genome Research Institute, August 2020; U.S. Census
Bureau, August 2020.
Investing involves risk, including the possible loss of
principal. This ProShares ETF is subject to certain risks,
including imperfect benchmark correlation and market price
variance, which may decrease performance. Please see summary and
full prospectuses for a more complete description of risks.
There is no guarantee any ProShares ETF will achieve its
investment objective.
Natural or environmental disasters, including pandemics and
epidemics have been, and can be, highly disruptive to economies and
markets and have recently led, and may continue to lead, to
increased market volatility and significant market losses.
Investments in the health care equipment and services industry,
the software and services industry, and the media and entertainment
industry are subject to a number of risks, including risks
associated with limited product lines, technological developments,
regulatory changes, the impact of research and development costs,
and changing consumer preferences.
The fund concentrates its investments in certain sectors.
Narrowly focused investments typically exhibit higher
volatility.
Investments in non-U.S. securities may involve risks different
from U.S. securities, including risks from geographic
concentration, differences in valuation and valuation times,
unfavorable fluctuations in currency, differences in generally
accepted accounting principles, and from economic or political
instability.
Investments in emerging markets generally are less liquid, more
volatile and riskier than investments in more developed markets and
are considered to be speculative.
Carefully consider the investment objectives, risks, charges
and expenses of ProShares before investing. This and other
information can be found in their summary and full
prospectuses. Read them carefully before investing. Obtain them
from your financial professional or visit
www.ProShares.com.
"MSCI," "MSCI Inc." and "MSCI Index" are service marks of MSCI
and have been licensed for use by ProShares. ProShares have not
been passed on by MSCI or its affiliates as to their legality or
suitability. ProShares based on MSCI indexes are not sponsored,
endorsed, sold or promoted by MSCI or its affiliates, and they make
no representation regarding the advisability of investing in
ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND
BEAR NO LIABILITY WITH RESPECT TO PROSHARES.
ProShares are distributed by SEI Investments Distribution Co.,
which is not affiliated with the fund’s advisor or sponsor.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201016005078/en/
Media Contact: Tucker Hewes, Hewes Communications, Inc.,
212.207.9451, tucker@hewescomm.com
Investor Contact ProShares, 866.776.5125,
ProShares.com
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