NEW YORK--(BUSINESS WIRE)--The Tuttle Capital Short Innovation ETF (Nasdaq: SARK) will start trading on the Nasdaq today. This distinctive exposure allows investors to potentially profit from a decline in a portfolio of companies involved in disruptive industries such as electric vehicles, next-gen internet, genomics and fintech.
SARK offers investors of all sizes and types convenient “one-ticker” access to a short vehicle that may otherwise be difficult to execute on their own. SARK is an actively managed exchange traded fund that attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF (NYSE Arca: ARKK) for a single day, not for any other period.
“Many investors with whom we speak, including financial advisors, are cautious on current valuations for unprofitable innovative companies,” says Matthew Tuttle, Chief Executive Officer and Chief Investment Officer of Tuttle Capital Management LLC (“TCM”), who serves as the Adviser to SARK. “Whether you believe that the current bull thesis for transformational industries is stretched, or you are looking to provide protection to an existing portfolio of high-growth stocks, SARK is a potentially attractive opportunity worth exploring.”
For more information, please visit SARKetf.com
About Tuttle Capital Management
TCM is an industry leader in offering thematic ETFs that utilize informed agility to manage portfolios in a more dynamic manner. Its current flagship product is The SPAC and New Issue ETF (NYSE Arca: SPCX), the first actively-managed ETF focused on pre-deal Special Purpose Acquisition Companies (SPACs). As of September 30, 2021, TCM managed 9 strategies with AUM of $140 million. Please visit www.tuttlecap.com for more information.
The Tuttle Capital Short Innovation ETF, the Collaborative Investment Series trust, and Tuttle Capital Management, LLC are not affiliated with the ARK ETF Trust, The ARK Innovation ETF, or ARK Investment Management LLC.
There is no guarantee that this, or any investment strategy will succeed. Shares of these ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Tuttle Capital Short Innovation ETF. This and other important information about the Fund are contained in the prospectus, which can be obtained SARKetf.com or by calling 866-904-0406. The prospectus should be read carefully before investing.
Investing involves risk, including the potential loss of principal.
The use of inverse instruments may expose the Fund to additional risks that it would not be subject to if it invested only in "long" positions.
Trading derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities.
Distributor: Foreside Fund Services, LLC
