SUMMIT, N.J.–(BUSINESS WIRE)–ETF Managers Group LLC (“ETFMG”) announced today that the Board of
Trustees of the ETF Managers Trust has decided to close the Spirited
Funds/ETFMG Whiskey & Spirits ETF (WSKY) based on an ongoing review of
market demand. Effective immediately, WSKY will increase its cash
holdings in contemplation of liquidation and will no longer accept
Trading will be suspended on the NYSE Arca at the closing of the market
on June 15, 2018. Proceeds of the liquidation are scheduled to be sent
to shareholders on or before June 20, 2018. For additional information,
shareholders can visit www.spiritedfunds.com.
ETFMG is a provider of exchange-traded funds (ETFs) helping investors
conveniently access global thematic investments, commodity and futures
exposures, and other unique strategies spanning ESG to artificial
intelligence. We partner with asset managers and index providers that
look thoroughly at the challenges and opportunities in the market. For
more information, please visit www.etfmg.com.
Before investing, carefully consider the Fund’s investment
objectives, risk factors, charges, and expenses before investing. This
and additional information can be found in the Fund’s prospectus, which
may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477), or by
Investing involves risk, including the possible loss of principal.
Shares of any ETF are bought and sold at market price (not NAV), may
trade at a discount or premium to NAV and are not individually redeemed
from the Fund. Brokerage commissions will reduce returns. Narrowly
focused investments typically exhibit higher volatility.
The fund is distributed by ETFMG Financial LLC, a FINRA registered
broker-dealer, which is not affiliated with Spirited Funds LLC.
Source URL: Read More
The public content above was dynamically discovered – by graded relevancy to this site’s keyword domain name. Such discovery was by systematic attempts to filter for “Creative Commons“ re-use licensing and/or by Press Release distributions. “Source URL” states the content’s owner and/or publisher. When possible, this site references the content above to generate its value-add, the dynamic sentimental analysis below, which allows us to research global sentiments across a multitude of topics related to this site’s specific keyword domain name. Additionally, when possible, this site references the content above to provide on-demand (multilingual) translations and/or to power its “Read Article to Me” feature, which reads the content aloud to visitors. Where applicable, this site also auto-generates a “References” section, which appends the content above by listing all mentioned links. Views expressed in the content above are solely those of the author(s). We do not endorse, offer to sell, promote, recommend, or, otherwise, make any statement about the content above. We reference the content above for your “reading” entertainment purposes only. Review “DMCA & Terms”, at the bottom of this site, for terms of your access and use as well as for applicable DMCA take-down request.