NEW YORK, April 14, 2015 /PRNewswire/ --
- The Exceed Structured Shield Index Strategy Fund seeks to track the performance of the Nasdaq Exceed Structured Protection Index (EXPROT).
- The Exceed Structured Shield Index Strategy Fund focuses on a clearly defined conservative exposure to the S&P 500 (Tickers: SHIEX, SHIIX).
- The Exceed Structured Shield Index Strategy Fund seeks to provide a risk/reward profile, in which the risks of an investment are, in the Advisor's opinion, somewhat limited, as are the potential rewards.
- Regular rebalancing of the underlying assets in the EXPROT Index is intended to assist with the Fund's defined risk/return exposure over time.
Exceed Investments, Inc. today announced the launch of the Exceed Structured Shield Index Strategy Fund, a mutual fund that tracks the NASDAQ Exceed Structured Protection Index (EXPROT) to provide an opportunity for investors seeking a certain level of principal protection with lower volatility than the S&P 500 Index. The EXPROT Index is a large cap based index targeting an annual 87.5 percent protection against downward moves (seeking to limit losses to 12.5 percent) and upside participation of up to approximately 15 percent.
For a copy of the Fund's prospectus, please click here or call (646) 780-9964.
"Exceed's investment methodology redefines the future of risk and return with a new generation of strategies that empower investors to shape their market opportunities to fit their own needs and outlook – a defined outcome investment experience," said Joseph Halpern, Chief Executive Officer, Exceed Investments. "The Exceed Structured Shield Index Strategy Fund enables advisors to easily access a tailored approach to conservative equity exposure. Our transparent, standardized product reduces market ambiguity and we believe it allows for a higher level of confidence in pursuing desired investment objectives."
Leveraging the power of indexing, the Structured Shield Index Strategy Fund tracks Exceed's EXPROT Index and seeks specific levels of protection and participation with the aim of achieving a conservative exposure to the S&P 500. Because underlying assets in the EXPROT Index are regularly rebalanced, the Fund may be held over long time horizons while providing investors with the potential for conservative risk/reward exposure.
Exceed Investments offers a suite of three indexes that were co-launched with the Nasdaq:
- Nasdaq Exceed Structured Protection Index (EXPROT);
- Nasdaq Exceed Structured Hedged Index (EXHEDG); and
- Nasdaq Exceed Structured Enhanced Index (EXENHA)
"The three indexes we launched in partnership with Exceed are designed to seek cost-effective, transparent, and defined exposures to the markets," said Rob Hughes, Nasdaq's head of index licensing. "Exceed's innovative new fund now offers investors risk-adjusted performance with conservative cap and floor exposures that may align with their personal risk/reward preferences."
All of the Exceed indexes comprise diversified rolling baskets of investment grade fixed income securities and exchange-traded options linked to the S&P 500 and seek conservative, moderate or aggressive defined outcomes. All fixed income utilized is investment grade and all options are exchange based and cleared. Exceed's products were created for the needs of investors with risk/return goals that are different than direct market exposure.
In addition to the launch of the Exceed Structured Shield Index Strategy Fund, Exceed Investments anticipates launching two additional '40 Act mutual funds that will track the other two indexes it co-launched with the Nasdaq. These Exceed funds are effective but not yet available for investment.
Exceed Investments is a New York-based boutique financial services firm that specializes in next-generation defined outcome investments. Our mission is to provide investment opportunities that pursue equity performance while providing a choice of risk/return exposures. To learn more about Exceed Investments, please visit www.exceedinvestments.com. Follow us on Twitter (www.twitter.com/exceedinvest) and on LinkedIn (www.linkedin.com/company/exceed-investments-llc/).
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information about the Fund is in the prospectus, a copy of which may be obtained by calling toll-free 1-844-800-5092. Please read the prospectus carefully before you invest.
An investment in an Exceed mutual fund is subject to risk, including the possible loss of principal. The Fund may enter into financial instruments or transactions with counterparty risk. A counterparty may become bankrupt or otherwise fail to perform its obligations due to financial difficulties, jeopardizing the value of the Fund's investment. Derivative instruments, including options, may entail investment exposures that are greater than their cost would suggest, meaning that a small investment in a derivative could risk a large potential impact on the performance of the Fund. Gains or losses from positions in hedging instruments, such as options, may be much greater than the instrument's original cost. If a security or derivative is linked to the performance of an index, it may be subject to the risks associated with changes in that index. Leverage risk exists because the Fund may seek to gain exposure to certain securities in excess of 100%, such exposure will make the Fund more sensitive to movement in the value of those instruments. In particular, increases or decreases in the value of the Fund's portfolio will be magnified. The Fund may not be able to dispose of restricted, thinly traded and/or illiquid securities promptly or at reasonable prices. This may result in a loss to the Fund. Performance of a non-diversified fund, which invests in fewer securities at any given time than a diversified fund, may have a greater negative effect, be more volatile, than a similar decline or default by a single security in a diversified portfolio.
Options risk exists because the price of an option, which is a function of interest rates, volatility, dividends, the exercise price, stock price and other market factors, may change rapidly over time. The Fund could experience a loss if securities underlying the options do not perform as anticipated. There may be an imperfect correlation between the prices of options and movements in the price of the securities, stock indexes or exchange traded funds hedged or used for cover which may cause a given hedge not to achieve its objective. Passive management risk exists as the Fund is not "actively" managed. Therefore, the Fund would not necessarily sell a security if the security's issuer was in financial trouble or defaulted, or whose credit rating was downgraded, unless that security is removed from the relevant index. The Fund is newly created and does not have a full calendar year performance record. There can be no guarantee that the investment objective will be met.
The S&P 500 Index is a broad-based, unmanaged measurement of changes in stock market conditions based on the average of 500 widely held common stocks. One cannot invest directly in an index.
Foreside Fund Services, LLC, distributor
Contact: Steven Bodakowski
SOURCE Exceed Investments, Inc.