CHICAGO, Dec. 29, 2020 (GLOBE NEWSWIRE) — Amplify ETFs proclaims the agency has accrued over $3 billion in property underneath administration for the reason that inception of its first exchange-traded fund (ETF) in 2016. Moreover, the agency’s property have grown 285% simply in 2020 throughout a various product line of ten ETFs, with 4 ETFs every exceeding $250 million in property. The product suite of Amplify ETFs encompasses three main classes: Core ($770 million), Revenue ($450 million), and Thematic ($1.87 billion). Complete agency property stood at $3.1 billion as of December 28, 2020.
“We’re extraordinarily pleased with Amplify’s development to-date, significantly throughout a yr of unprecedented uncertainty and difficult market dynamics,” notes Christian Magoon, CEO of Amplify ETFs and an early advocate of the ETF construction. “We ship expanded funding methods for traders searching for development, earnings, and capital preservation, and we stay up for persevering with that mission.”
A number of of Amplify’s funds have turn out to be market leaders in a number of the best ETF peer teams of 2020, together with hedged ETFs and on-line retail. With over $560 million in inflows year-to-date, the Amplify BlackSwan Development & Treasury Core ETF (NYSE: SWAN) has delivered what it was designed for: to protect towards important losses whereas additionally collaborating in market upside.
Moreover, the agency’s flagship fund, the Amplify On-line Retail ETF (NYSE: IBUY) at over $1.4 billion in property, is the primary and largest ETF to deal with the rising e-commerce pattern. IBUY additionally has a 5-star Morningstar general ranking primarily based on risk-adjusted returns amongst 40 funds within the Client Cyclical class (as of 9/30/20). IBUY’s sister fund, the Amplify Worldwide On-line Retail ETF (NYSE: XBUY), additionally has delivered in 2020 with a deal with e-commerce firms exterior the U.S.
Different notable Amplify funds which have had sturdy development in 2020 embrace the Amplify Transformational Knowledge Sharing ETF (NYSE: BLOK), Amplify CWP Enhanced Dividend Revenue ETF (NYSE: DIVO), Amplify Lithium & Battery Expertise ETF (NYSE: BATT), and the Amplify Seymour Hashish ETF (NYSE: CNBS).
Amplify ETFs is well known throughout the ETF business, securing a number of award nominations from ETF.com and Fund Intelligence of their respective annual award occasions.
For extra details about Amplify ETFs’ full product lineup, go to AmplifyETFs.com
Gross sales Contact:
Gregory FCA for Amplify ETFs
Fastidiously contemplate the Funds’ funding aims, threat components, expenses and bills earlier than investing. This and extra info might be discovered within the Funds’ statutory and abstract prospectuses, which can be obtained by calling 855-267-3837 or by visiting AmplifyETFs.com. Learn the prospectus fastidiously earlier than investing.
Investing entails threat, together with the attainable lack of principal. Shares of any ETF are purchased and offered at market worth (not NAV), could commerce at a reduction or premium to NAV and aren’t individually redeemed from the Fund. The Fund’s return could not match or obtain a excessive diploma of correlation with the return of the underlying Index.
For full disclosure on the funds talked about above, please refer to every Fund’s respective web site:
IBUY website and Prospectus
XBUY website and Prospectus
SWAN website and Prospectus
DIVO website and Prospectus
BLOK website and Prospectus
BATT website and Prospectus
CNBS website and Prospectus
The Morningstar Ranking™ for funds, or “star ranking”, is calculated for managed merchandise with at the least a three-year historical past. ETFs and open-ended mutual funds are thought of a single inhabitants for comparative functions. It’s calculated primarily based on a Morningstar Threat-Adjusted Return measure that accounts for variation in a managed product’s month-to-month extra efficiency, putting extra emphasis on downward variations and rewarding constant efficiency. The Morningstar Ranking doesn’t embrace any adjustment for gross sales hundreds. The Total Morningstar Ranking for a managed product is derived from a weighted common of the efficiency figures related to its three-, five-, and 10-year (if relevant) Morningstar Ranking metrics. Whereas the 10-year general star ranking components appears to provide essentially the most weight to the 10-year interval, the newest three-year interval truly has the best influence as a result of it’s included in all three ranking intervals.
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Amplify ETFs are distributed by Foreside Fund Companies, LLC.