BEMO - New Behavioral Momentum ETF Performance Update
FAIRHOPE, Ala., July 6, 2016 /PRNewswire/ -- As of 06/30/2016, BEMO, the new Aptus Behavioral Momentum ETF, posted an Average Annual Total Return of 4.74% based on Net Asset Value since inception on June 9th, 2016. BEMO outperformed the Solactive US Large Cap Index's return of -0.78% over the same period by 5.52%.
Total Annual Fund Operating Expenses: 0.79%
The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted. Short term performance in particular is not a good indication of the fund's future performance and an investment should not be made based solely on returns. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 Eastern Time and do not represent the returns you would receive if you traded shares at other times. For performance data current to the most recent month end, please call 800.617.0004 or visit aptusfund.com.
Founder, JD Gardner, said this about BEMO's performance. "Our investors are pleased with our strong performance out of the gate. We are excited that our focus on investor behavior and the ability to adapt have shown themselves to be valuable in an uncertain environment. We continue to believe the ability to manage risk and adapt to the environment are needed attributes. We are excited to have BEMO out there for all investors to see."
ABOUT APTUS CAPITAL ADVISORS
The Aptus Behavioral Momentum ETF is advised by Aptus Capital Advisors, a registered investment firm in Fairhope, Alabama. Aptus is an innovative investment manager with experience building and executing investment strategies that focus on behavioral finance.
The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus and summary prospectus contains this and other important information about the fund and are available at WWW.APTUSFUND.COM or by calling 800.617.0004 Read it carefully before investing.
Investing involves risk. Principal loss is possible. The behavioral momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole, or that the returns on securities that previously have exhibited price momentum or proximity to price peaks are less than returns on other styles of investing. Momentum can turn quickly, and stocks that previously have exhibited high momentum may not experience continued positive momentum. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The Fund may invest in small capitalization companies, which tend to have limited liquidity and greater price volatility than large-capitalization companies. The Fund may invest in other investment companies and ETF's which may result in higher and duplicative expenses. Investing in ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of the shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Funds ability to sell its shares.
Shares of any ETF are bought and sold at Market Price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
The Aptus Behavioral Momentum Index is designed to track the performance of 25 large US-traded equity securities. The proprietary index methodology developed by Aptus Captial Advisors quantitatively ranks large US companies based on a combination of momentum and irrational investor behavior and seeks to gain exposure to only the highest ranked stocks. The index has an added objective of capital protection during market downtrends, and is therefore risk managed in that it can vary between 100% long only exposure to stocks or 100% exposure to intermediate Treasury Bonds dependent on the overall market environment. One cannot invest directly in an index.
The Solactive US Large Cap Index is an index of the 500 largest US Companies.
Aptus Capital Advisors is the advisor to the Aptus Behavioral Momentum ETF, which is distributed by Quasar Distributors, LLC.
SOURCE Aptus Capital Advisors
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