GREENWICH, Conn., May 10, 2022–( ORGANIZATION WIRE)– GAMCO Investors, Inc. (” GAMCO”) (NYSE: GBL) will introduce Gabelli Financial Solutions Opportunities ETF (NYSE: GABF), on or around May 10, 2022.
GAMCO will provide a “commitment” program under which the very first $25 countless the Fund’s properties under management will sustain no costs and costs.
GABF’s financial investment goal is to look for capital gratitude. The Fund will look for to determine and purchase leading companies in the monetary services sector that are placed to take advantage of long-lasting financial patterns consisting of higher need for wealth advisory and possession management services. The Fund will look for companies that contribute in structure and offering payments facilities and companies that are leveraging innovation to lower customer acquisition expenses, enhance running performance, and drive greater client engagement from digital applications. The Fund will likewise want to purchase companies with long lasting brand names, repeating income, and large addressable markets.
GAMCO Financiers, Inc. (NYSE: GBL), through its subsidiaries, handles properties of personal advisory accounts (GAMCO) and shared funds and closed-end funds (Gabelli Funds, LLC), and is understood for its Personal Market Price with a Driver ™ design of financial investment. Since March 31, 2022, GAMCO Investors, Inc. had $33.4 billion in properties under management. Additional info can be discovered at www.gabelli.com
About Gabelli Financial Solutions Opportunities ETF
Gabelli Financial Solutions Opportunities ETF is a varied, open-end management investment firm whose main financial investment goal is to look for capital gratitude. Under regular market conditions, the Fund will invest a minimum of 80% of the worth of its net properties in the securities of business primarily participated in the group of markets consisting of the monetary services sector. Your financial investment in the Fund is not ensured and you might lose some or all of the quantity you invested. The Fund is handled by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE: GBL).
This ETF is not yet readily available to buy, and this is not a solicitation to buy a security. Please check out the Prospectus, consisting of the Danger Conversation, thoroughly (when it appears) to comprehend the qualities and dangers of this ETF prior to investing.
This ETF is various from conventional ETFs. Standard ETFs inform the general public what properties they hold every day. This ETF will not. This might produce extra dangers for your financial investment. For instance:
You might need to pay more cash to trade the ETF’s shares. This ETF will supply less info to traders, who tend to charge more for trades when they have less info.
The cost you pay to purchase ETF shares on an exchange might not match the worth of the ETF’s portfolio. The exact same holds true when you offer shares. These cost distinctions might be higher for this ETF compared to other ETFs due to the fact that it supplies less info to traders.
These extra dangers might be even higher in bad or unpredictable market conditions. The distinctions in between this ETF and other ETFs might likewise have benefits. By keeping specific info about the ETF trick, this ETF might deal with less danger that other traders can forecast or copy its financial investment technique. This might enhance the ETF’s efficiency. If other traders have the ability to copy or forecast the ETF’s financial investment technique, nevertheless, this might injure the ETF’s efficiency. For extra info concerning the special qualities and dangers of the ETF, see the ActiveShares prospectus/registration declaration.
You need to think about the ETF’s financial investment goals, dangers, charges and costs thoroughly prior to you invest. The ETF’s Prospectus, which will be readily available from G.distributors, LLC, a signed up broker-dealer and FINRA member company, will include this and other info about the ETF, and need to read thoroughly prior to investing.
Gabelli Funds, LLC is an authorized financial investment consultant with the Securities and Exchange Commission and is a completely owned subsidiary of GAMCO Investors, Inc. (NYSE: GBL)
To acquire a Prospectus (when it appears), please see https://www.gabelli.com/funds/etfs or call:
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