Net 3% Distribution Yield
This 3% Yield Steady Saver fund is 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 fund utilizes YieldX’s investment technology with the hope to identify liquid fixed income investments that complement each other, seeking to provide more stability with less risk than similar income-producing investment funds.
Monthly/Quarterly Performance Disclosure:
The performance quoted represents past performance and does not guarantee future results. Performance for periods greater than 1 year is annualized. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. The DriveWealth Steady Saver ETF’s inception date was 7/27/21.
Historical Premium/Discount Data Disclosure:
Shareholders may pay more than NAV when buying fund shares and receive less than NAV when selling fund shares, because shares are bought and sold at current market prices. The performance quoted represents past performance and does not guarantee future results. The net asset value (“NAV”) of the Fund’s shares is determined as of the close of regular trading on the NYSE (generally 4:00 p.m. Eastern time) each day the NYSE is open. Share are purchased and sold in secondary market transactions at negotiated market prices rather than at NAV. Shares of the Fund may be bought and sold throughout the day on the exchange through a brokerage account. However, shares are not individually redeemable, and may only be redeemed directly from the Fund by Authorized Participants in very large creation/redemption units. Shares may trade at, above or below NAV. Brokerage commissions will reduce returns.
Holdings are subject to change.
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Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security. Current and future portfolio holdings are subject to risk.
Before investing in the DriveWealth Steady Saver ETF (the “Fund”), 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 https://www.yieldx.app/, call (800) 516-0851, or download a prospectus now, or talk to your financial advisor. Read it carefully before investing.
The Fund’s Investments are not individually redeemable. Investors buy and sell shares of the Fund on a secondary market. Only market makers or “authorized participants” may trade directly with the Fund, typically in blocks of 10,000 shares.
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.
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 Fund and its shareholders.
The Fund is subject to certain other risks, including, but not limited to, principal investment risk, interest rate risk, active management risk, call risk, reinvestment risk, prepayment risk, credit/default risk, inflation rate and bond duration risk, liquidity risk and market risk, among others. Investing involves risk, including possible loss of principal. Gains or losses on a single security may have a greater impact on the Fund. For these and other reasons, there is no guarantee the Fund will achieve its stated objective.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. 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. Please see the prospectus for more details.
The DriveWealth Steady Saver ETF is the property of YieldX Advisers, LLC, DriveWealth, 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 DriveWealth Steady Saver ETF is distributed by Vigilant Distributors, LLC, member of FINRA and SIPC.
Not FDIC Insured • No Bank Guarantee • May Lose Value.
© DriveWealth 2021