GREENWICH, Conn.--(BUSINESS WIRE)--Tuttle Capital Management (“TCM”) today announced the launch of their latest exchange traded fund, Tuttle Capital Self Defense Index ETF (ticker symbol GUNZ), which will start trading today on the Chicago Board Options Exchange.
GUNZ offers strategic exposure to U.S. companies who engage in, to any extent, the manufacture, service, supply, and distribution of personal and law enforcement defense equipment and protection services. By tracking the AJN Self Defense U.S. Equity Index, GUNZ aligns an investment with the strength and innovation of companies engaged in this type of business.
In announcing GUNZ, TCM CEO Matthew Tuttle said, “Americans feel less safe1 and feel there is more crime in the country2 now than last year. Many Americans are taking self defense into their own hands.3 There has been increased awareness and advancements in self-defense products4 and services but the most recent surge in shares of gun manufacturers happened after the attempted assassination of President Trump5. There’s also been a lack of availability of ammunition6 and certain types of firearms for some time. Gun sales have rebounded after nearly three years of continuous decline and firearms manufacturers worldwide have seen their stock surge after the terrorist attack on Israel7 and the Trump assassination attempt which has the potential to positively and directly impact the stocks in our new GUNZ ETF.”
Tuttle Capital Management is the first and only investment adviser to offer a fund of this nature and plans to market the fund widely to allow Americans to align their values with their investments.
About Tuttle Capital Management
TCM believes it is an industry leader in offering thematic ETFs and first of their kind ETFs. Please visit www.tuttlecap.com for more information about TCM.
Disclosures
An investor should consider the objectives, risks, and charges and expenses of Tuttle Capital Self Defense Index ETF (the “Fund”) before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at http://www.gunzetf.com/ or by calling Shareholder Services at 1-800-773-3863. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk.
An investment in the Fund is subject to investment risks, including the possible loss of some or the entire principal amount invested. There can be no assurance that the Fund will be successful in meeting its investment objective. Investment in the Fund is also subject to the following risks: Equity Securities Risk: Investments in equity securities may fluctuate in value response to many factors, including general market and economic conditions, interest rates, and specific industry changes. Non-Diversification Risk: The fund may invest a larger portion of its assets in a limited number of companies than a diversified fund. Because a relatively high percentage of the Fund's assets may be invested in the securities of a limited number of companies that could be in the same or related economic sectors, the Fund's portfolio may be more susceptible to any single economic, technological, or regulatory occurrence than the portfolio of a diversified fund. Limited History of Operations Risk: The Fund has a limited history of operations. Accordingly, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders. Tracking Error Risk: The Fund’s return may not match or achieve a high degree of correlation with the return of the Index. To the extent the fund utilizes a sampling approach, it may experience tracking error to a greater extent than if the Fund sought to replicate the Index. While the shares of the Fund are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. ETFs trade more like stocks, are subject to investment risks, fluctuate in market value, and may trade at prices above or below the ETF's net asset value. More information about these risks can be found in the Fund's prospectus.
The Tuttle Capital Self Defense Index ETF is distributed by Capital Investment Group, Inc., Member FINRA/SIPC, 100 E. Six Forks Road, Raleigh, North Carolina 27609. There is no affiliation between Tuttle Capital Management, LLC, including their principals, and Capital Investment Group, Inc. RCTUT0924002
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NPR, Violent Crime is Dropping, But Americans Feel Less Safe, 2.1.2024 |
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NPR, Violent Crime is Dropping, But Americans Feel Less Safe, 2.1.2024 |
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Rob Chadwick, The Chicago Tribune, As police response times grow, people are taking defense into their own hands, 6.7.2024 |
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Research and Markets, Global Self-Defense Products Market Poised for Notable Growth, Expected to Exceed USD 1.90 Billion by 2029, 5.17.24 |
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NBC News, Shares In Gun Manufacturers Soar After Trump Assassination Attempt, 7.15.2024 |
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Guns & Ammo, Ammo Shortages: What’s Really Happening?, 3.10.2022 |
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CTECH, Arms Manufacturers’ Stock Surge Worldwide Following Hamas Attack, 11.10.2023 |
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