ASYMmetric ETFs Introduces Board Members
ASYMmetric ETFs Introduces Board Members
Diverse team of industry elites to help new ETF issuer even the playing field for Main Street investors
NEW YORK — July 26, 2021 — ASYMmetric ETFs™, LLC, is pleased to formally announce its board of trustees. The assembly of the new ETF issuer’s diverse board was mission critical as ASYMmetric ETFs seeks to transform the way Main Street invests and even the playing field for retail investors.
“The prioritization of diversity is one of the many reasons I was excited to join the board of ASYMmetric ETFs,” said Suzanne Siracuse, founder and CEO of Suzanne Siracuse Consulting Services, LLC and former CEO and publisher of Investment News. “That is a critical element all firms must keep top of mind in order to best serve the evolving investor population. ASYMmetric ETFs is proud to have 60% of its board made up of diverse individuals.”
Additionally, ASYMmetric ETFs has scored an “A” MSCI ESG rating for the ASYMshares ASYMmetric 500 ETF (ASPY). The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social and corporate governance. ASPY ranks in the 71st percentile within its peer group and in the 91th percentile within the global universe of all funds covered by MSCI Fund Ratings (as of 7/21/21).
“ASYMmetric ETFs is committed to bringing next-generation investment solutions to the masses,” said Vivienne Hsu, founder and CEO of LENDonate. “I am honored to be on ASYMmetric’s diverse board to offer my investment expertise to encourage equality in capital markets and support the ETF shareholders’ interests.”
“This year, we’ve really started to see a shift in the investment landscape as more investors seek access to innovative investment solutions,” added Winston Lowe, managing partner at Lowe & Associates. “I’m excited to lend my knowledge to guide ASYMmetric ETFs towards their mission of helping investors successfully navigate the ups and downs of the equity market.”
The members of the board of trustees include:
Winston Lowe is a managing partner at Lowe & Associates. With over 30 years of corporate legal and finance expertise, Lowe has served as counsel to various investment management and financial services firms, public pension funds, governmental entities, institutional and private investors, sponsors of investment funds (public and private) and early- and late-stage entrepreneurial companies.
Vivienne Hsu is the founder and CEO of LENDonate, a unique marketplace lending and donation platform where nonprofits and supporters leverage their collective power for the greater good. Before becoming a social entrepreneur, Hsu was an investment executive at U.S. Trust, Charles Schwab Investment Management.
William Thomas is president at Wedgewood Partners, Inc., an SEC-registered investment advisor firm. With over three decades of experience, Thomas is responsible for the firm's strategic direction and overall management. His previous roles include serving as CEO of Grail Advisors and holding senior leadership positions at large national firms like Charles Schwab and Scudder Investments.
Suzanne Siracuse is founder and CEO of Suzanne Siracuse Consulting Services, LLC, specializing in advising financial services firms on innovative business strategies. Siracuse is the former CEO and publisher of InvestmentNews, where she oversaw the vision and strategic direction for all platforms.
The board has appointed Darren Schuringa, chief executive officer and founder of ASYMmetric ETFs, to serve in the chairman’s role. As chairman of the board, he will preside at all board meetings and act as a liaison with service providers, officers, attorneys and other trustees between meetings.
For more information on ASYMmetric ETFs™ and ASPY, please visit asymshares.com.
About ASYMmetric ETFs™, LLC
ASYMmetric ETFs™, LLC is an investment adviser seeking to transform the way Main Street invests by providing a new approach to wealth creation through capital preservation. Through its proprietary ASYMmetric Risk Management TechnologyTM, ASYMmetric ETFs has captured an institutionally vetted quantitative long/short hedging strategy that seeks to deliver positive returns in bear and bull markets in ETFs.
Before investing, carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus and a summary prospectus, copies of which may be obtained on asymshares.com. Read the prospectus carefully before investing.
Important Risk Information
All investing involves risk, including possible loss of principal. The performance of the Fund will depend on the difference in the rates of return between its long positions and short positions. During a rising market, when most equity securities and long-only equity ETFs are increasing in value, the Fund's short positions will likely cause the Fund to underperform the overall U.S. equity market. When the Fund shorts securities, including securities of another investment company, it borrows shares of that security or investment company, which it then sells. There is no guarantee the Fund will be able to borrow the shares it seeks to short in order to achieve its investment objective. The Fund's investments are designed to respond to volatility based on a proprietary model developed by the Index Provider which may not be able to accurately predict the future volatility of the S&P 500® Index. If the S&P 500® Index is rapidly rising during periods when the Index Provider's volatility model has predicted significant volatility, the Fund may be underexposed to the S&P 500® Index due to its short position and the Fund would not be expected to gain the full benefit of the rise in the S&P 500® Index. Additionally, in periods of rapidly changing volatility, the Fund may not be appropriately hedged or may not respond as expected to current volatility. The Fund is not actively managed and the Adviser would not sell a security due to current or projected underperformance of a security, industry or sector, unless that security is removed from the Index.
MSCI ESG Fund Ratings aim to measure the resilience of mutual funds and ETF to long term risks and opportunities arising from environmental, social and governance (ESG) issues. Each fund or ETF scores a rating on a scale from CCC (laggard) to AAA (leader). The rating is based first on the weighted average score of the holdings of the fund or ETF. MSCI then assesses ESG momentum to gain insight into the fund’s ESG track record, which is designed to indicate a fund’s exposure to holdings with a positive rating trend or worsening trend year over year. Finally, they review the ESG tail risk to understand the fund’s exposure to holdings with worst-of-class ESG Ratings of B and CCC.
ASPY ranks in the 91st percentile within the Alternative Long/Short Equity US Peer group of the MSCI ESG Ratings of 100 funds and the 71st percentile within the global universe of approximately 34,000 funds in coverage. Rankings are determined based on an annual ESG Rating review process.
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