NEW YORK--(BUSINESS WIRE)--Defiance ETFs today announced the addition of two senior members to its growing team.
Paul Dellaquila, CIMA, CAIA, has been named Global Head of ETFs, and Dr. Tom Bowles, PhD, has been named Director of Research for the firm.
In his new role, Mr. Dellaquila will be in charge of distribution and product development for Defiance ETFs. For the past six years, he was a leader of U.S. Wealth Advisory ETF distribution for BlackRock and was formerly head of iShares Private Group sales desk. In his previous role, he was responsible for iShares ETF distribution efforts across the wirehouse, independent and private wealth channels. Mr. Dellaquila has also held senior roles overseeing BlackRock open end, SMA and iShares distribution for the wirehouse channel.
“Paul’s client-centric approach and deep knowledge of portfolio construction and the ETF industry make him ideally suited to take on this role with Defiance,” said Matthew Bielski, founder and CEO of Defiance ETFs.
Dr. Bowles, Defiance ETFs’ incoming Director of Research, is one of the world’s most accomplished experts in the fields of machine learning, quantum computing and artificial intelligence (AI). Through his pioneering work in utilizing alternative data, such as that gathered from satellites, news and social feeds, Dr. Bowles helped create a number of first of their kind applications for these disruptive technologies. He also serves as the founder in residence and chief scientist at Founder’s Factor and Founders Forum, a network of successful startup founders and business leaders, and holds a Degree in Mathematics and Computing, and a PhD from the University of Oxford in Clinical Medicine.
“Defiance’s mission is to provide investors with targeted portfolios that allow them to access transformative technologies, and there is perhaps no one better at identifying truly transformative technology than Dr. Bowles,” said Bielski. “We are thrilled to have him join our team and head up our research efforts as we look to continue to grow our family of ETFs.”
These additions to the Defiance leadership team come shortly after the launch of the firm’s first Exchange Traded Fund (ETF), Defiance Future Tech ETF (NYSE: AUGR), which is designed for investors seeking to capitalize on the growing opportunities in augmented reality and virtual reality (AR/VR) technology, a disruptive tech category that is already having a meaningful impact on a wide range of industries.
The firm has also filed for a number of other ETFs, also focused on disruptive technology categories.
About Defiance ETFs
Defiance ETFs offers investors access to transformative technology via targeted portfolios. Defiance ETFs’ distinct approach to disruptive investing empowers investors to be on the leading edge of technological developments that have the potential to alter industries, and change how we experience the world. The firm’s flagship product, AUGR, focuses on the opportunities presented by augmented and virtual reality.
The Funds' investment objectives, risks, charges, and expenses must be considered carefully before. The prospectus and summary prospectus contains this and other important information about the investment company. The prospectus can be obtained by calling 1-833-333-9383. Please read it carefully before investing.
Investing involves risk. Principal loss is possible. As an ETF, the fund may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The Fund is not actively managed and would not sell a security due to current or projected under performance unless that security is removed from the Index or is required upon a reconstitution of the Index. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk. The value of stocks of information technology companies are particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition. The Fund is considered to be non-diversified, so it may invest more of its assets in the securities of a single issuer or a smaller number of issuers. Investments in foreign securities involve certain risks including risk of loss due to foreign currency fluctuations or to political or economic instability. This risk is magnified in emerging markets. Small and mid-cap companies are subject to greater and more unpredictable price changes than securities of large-cap companies.
The BlueStar Augmented and Virtual Reality Index is a rules-based index tracking the performance of a group of globally-listed stocks of companies engaged in the research & development or commercialization of products and services related to augmented and virtual reality within one of the following categories: Gaming systems and video games; artificial intelligence, including machine vision and natural language processing; graphic processing units; cloud computing infrastructure; simultaneous localization and mapping; displays including holographic and adaptive interfaces; and sensors for depth perception and positioning. It is not possible to invest directly in an index.
The “BlueStar Augmented and Virtual Reality Index™” and “BAUGTR™ Index” (collectively “Augmented and Virtual Reality Index”), is the exclusive property and a trademark of BlueStar Global Investors LLC d/b/a BlueStar Indexes® and has been licensed for use for certain purposes by Defiance ETFs LLC. Products based on the Augmented and Virtual Reality Index are not sponsored, endorsed, sold or promoted by BlueStar Global Investors, LLC or BlueStar Indexes®, and BlueStar Global Investors, LLC and BlueStar Indexes® makes no representation regarding the advisability of trading in such product(s).
Defiance ETFs, LLC is the adviser to the Fund which is distributed by Quasar Distributors, LLC.
