High Yield Fixed Income ETFs: Steady Saver and Power Saver

DriveWealth’s mission is to democratize investing by providing retail investors access to products that allow them to benefit from the core tenets of investing: asset allocation, portfolio diversification, compounding, risk-adjusted returns and cost minimization. DriveWealth is proud to partner with YieldX to bring two new target-yield fixed income ETFs: Power Saver and Steady Saver.

The DriveWealth ETFs aim to deliver monthly dividend income at a target net yield, with a lower risk profile than similar yielding products, thanks to the powerful quantitative models and experienced investment team at YieldX.

These funds are best suited for any U.S.-based retail investor seeking portfolio diversification into fixed income, monthly dividend income, and investment alternatives to low-yielding cash and cash equivalents.

The DriveWealth Steady Saver ETF (“Steady Saver”)

NYSE Ticker: STBL

Target Net Yield: 3%

Designed with the aim to offer investors an attractive yield over banking deposits or money market funds, while minimizing exposure to the global bond market’s daily price movement.

The DriveWealth Power Saver ETF (“Power Saver”)

NYSE Ticker: EERN

Target Net Yield: 8%

Designed with the aim for those who are looking to diversify risk in the stock market or looking for an attractive monthly income.

Before investing in the DriveWealth Power Saver ETF (EERN) and the DriveWealth Steady Saver ETF (STBL) (collectively the “Funds”), consider the Fund’s investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, please visit funds.driveweath.com call 800-516-0851 or download a copy now or talk to your financial advisor. Read it carefully before investing.

Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments by the Funds in lower-rated securities presents a greater risk of loss of principal and interest than higher-rated securities. Foreign securities are subject to risks relating to political, social, economic developments abroad and differences between U.S. and foreign regulatory requirements and market practices, including fluctuations in foreign currencies.

Credit Ratings are grades given to bonds that indicate their credit quality as determined by a Nationally Recognized Statistical Rating Organization (“NRSRO”) such as Standard and Poor’s, Moody’s, and Fitch. The firm evaluates a bond issuer’s financial strength, or its ability to pay a bond’s principal and interest in a timely fashion. Ratings are expressed as letters ranging from ‘AAA’, which is the highest grade, to ‘D’, which is the lowest grade. If NRSRO ratings differ, the security will be considered to have received the highest of those ratings. For securities rated by an NRSRO other than S&P, the Adviser converts that rating to the equivalent S&P rating. Securities not rated by an NRSRO appear in the “Not Rated/Unavailable” category. Ratings are subject to change.” The Funds will be compared against the Bloomberg Barclays US Corporate High Yield Index as the primary index and the YieldX Optimized Liquid Income Target 6% Volatility Index as the secondary index. In no event should these comparisons be considered or interpreted as a solicitation or guarantee or future results. These comparisons are strictly intended to be interpreted as a statement of factual information. One cannot invest directly in an index.

The Fund’s Investments are not individually redeemable. Investors buy and sell shares of the Funds on a secondary market. Because the Shares are traded in the secondary market, a broker may charge a commission to execute a transaction in the Shares, and an investor also may incur the cost of the spread between the price at which a dealer will buy the Shares and the somewhat higher price at which a dealer will sell the Shares. There is a risk (which may increase during periods of market disruption or volatility) that market prices will vary significantly from the underlying NAV of the Funds. The Fund’s bid-ask spreads and premiums/discounts may be larger than those for traditional ETFs due to the lack of transparency, thus making trading in the Fund's shares more expensive. Diversification does not eliminate the risk of experiencing investment loss. Market participants may attempt to reverse engineer a Fund’s trading strategy, which, if successful, could increase opportunities for trading practices that may disadvantage the Funds and its shareholders. The Funds are subject to certain other risks, including but not limited to, equity securities risk, large-capitalization risk, market risk, active strategy risk, and market trading risk. Investing involves risk, including possible loss of principal. Gains or losses on a single stock may have a greater impact on the Funds. For these and other reasons, there is no guarantee the Funds will achieve its stated objective. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Funds. Investors may purchase or sell individual shares on an exchange on which they are listed. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. The DriveWealth Power Saver ETF and DriveWealth Steady Saver ETF are the property of DriveWealth, LLC, YieldX Advisers, LLC and Red Gate Advisers, LLC. The content of this web site is intended for information purposes only. No portion of the content should be considered a solicitation to buy or an offer to sell shares of the fund in any jurisdiction where the solicitation or offer would be deemed unlawful under the securities laws of such jurisdiction. The Funds are distributed by Vigilant Distributors, LLC, member of FINRA and SIPC. FINRA | BROKER CHECK Not FDIC Insured • No Bank Guarantee • May Lose Value

 

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