Strategy Shares, a family of exchange traded funds (ETFs) focused on bringing unique strategies to the ETF marketplace, has surpassed USD500 million in assets under management (AUM).
This growth in assets represents a 129 per cent growth for the firm since the beginning of 2021.
Strategy Shares’ portfolio of offerings includes two ETFs:
Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) offers a distinct Nasdaq Dorsey Wright approach for a zero-yield world. HNDL is a first-of-its-kind target distribution ETF designed to seek investment results that correlate generally, before fees and expenses, to the price and yield performance of the Nasdaq 7HANDL Index. HNDL has historically met its objective of generating investment results that track the 7 per cent target distribution yield of the Nasdaq 7HANDL Index.
Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) seeks to provide momentum-based exposure to global equity regions while simultaneously avoiding significant and prolonged drawdowns. Unlike many tactical strategies, which implement a “light switch” approach, ROMO implements a distinct “dimmer switch” approach.
Strategy Shares is launching a new ETF, the Strategy Shares Gold-Hedged Bond ETF (GLDB). The investment strategy is premised on the proposition that an investment in gold can potentially provide a hedge against inflation for a bond investment. The ETF will combine a gold overlay with bonds in one portfolio to give investors what we believe is an optimum way to generate income while maintaining purchasing power.