REX Shares Forms New Organizational Structure, Surpasses $5 Billion in AUM
June 20 2024 - 11:31AM
Business Wire
With Founder/CEO Greg King at the Helm, REX
Embarks on Further Expansion
REX Shares, a leader in the exchange-traded products (ETP)
industry, is proud to announce a strategic reorganization that
integrates its REX Shares, MicroSectors, and T-REX products, as
well as REX Advisers, its registered investment adviser, all under
the new umbrella of “REX Financial”. This reorganization is a
response to its significant growth over the last few years. Most
recently, the firm launched “T-REX” ETFs, gathering over $1 billion
in AUM within 8 months. Additionally, the firm’s flagship
income-based strategy, covered call ETF “FEPI”, has reached $250
million in AUM within 8 months of launch. The newly formed REX
Financial aims to further our expansion and enhance our innovative
ETP offerings domestically and globally.
Greg King, Founder of REX Shares, and also the CEO of Osprey
Funds, will lead REX Financial as CEO. Scott Acheychek, previously
CEO of REX Shares, who oversaw the successful relaunch of REX’s ETF
business and an 8-year veteran of the firm, will take on the role
of Chief Operating Officer for REX Financial.
Greg King stated, "This new phase in our
company's journey underscores our commitment to simplifying our
product offerings while amplifying our impact in the industry. We
will be expanding internationally, making some key hires, and
continuing to invest to expand our US footprint.”
For more information about REX Financial and its comprehensive
range of investment solutions, please visit our website at
www.rexfin.com
Investors should consider the investment objectives, risk,
charges, and expenses carefully before investing. For a prospectus
or summary prospectus with this and other information about the
T-REX ETFs please call 844-802-4004 or visit our website at
rexshares.com. Read the prospectus and summary prospectus carefully
before investing. Investing involves risk. Principal loss is
possible.
The REX Shares ETFs are distributed by Foreside Fund Services,
LLC
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For media inquiries: Gregory FCA for REX Shares
rexshares@gregoryfca.com