1. Exchange Traded Concepts launched the Bluemonte ETF lineup. 2. BLUX is part of nine new ETFs on NYSE Arca. 3. ETC partners with RFG Advisory to manage these ETFs. 4. The launch is one of the largest ETF transition events. 5. The suite offers tax benefits and institutional-caliber strategies.
The successful launch of BLUX indicates strong demand for ETFs, supporting its market presence. Historically, new ETF launches have led to increased investor interest and price appreciation.
The launch of BLUX could attract significant investment, impacting its trading volume and price. The integration with RFG Advisory suggests a strong marketing plan, increasing its appeal to investors.
Initial trading activity from the launch will likely lead to price volatility and potential short-term gains, similar to past ETF introductions which showed immediate trading interest.
Exchange Traded Concepts (ETC), a leader in providing innovative ETF solutions, is delighted to introduce the new lineup of Bluemonte ETFs: Bluemonte Dynamic Total Market ETF (NYSE: BLUX), Bluemonte Large Cap Value ETF (NYSE: BVAL), Bluemonte Global Equity ETF (NYSE: BINT), Bluemonte Long Term Bond ETF (NYSE: BLTD), Bluemonte Core Bond ETF (NYSE: BDBT), Bluemonte Diversified Income ETF (NYSE: BLUI), Bluemonte Short Term Bond ETF (NYSE: BLST), Bluemonte Large Cap Growth ETF (NYSE: BLGR) and the Bluemonte Large Cap Core ETF (NYSE: BLUC) in conjunction with RFG Advisory (RFG).
"We are excited to work with RFG to bring these nine funds to the market to support RFG's provision of Bluemonte model portfolio strategies to their clients," says J. Garret Stevens, CEO of Exchange Traded Concepts. "This launch has been one of the largest and most complex 351 exchange transactions in ETF history. ETC is proud to continue our track record of excellence. By converting over a thousand individual client SMA accounts into 9 new ETFs, RFG has provided their clients with all of the advantages of their portfolio management expertise and now with the potential additional tax benefits ETFs are known for."
"Bluemonte brings institutional-caliber investment strategies to individual investors through a thoughtfully constructed suite of low-cost ETFs," says Rick Wedell, President and Chief Investment Officer of RFG Advisory. "Unlike traditional stand-alone products intended to be mixed and matched, Bluemonte's coordinated strategies are designed to work together as a complete asset management solution. This integrated approach aims to reduce overlap, improve tax efficiency, and streamline portfolio positioning—offering the potential for greater control and alignment with an investor's specific risk profile and financial objectives."
Exchange Traded Concepts is an SEC-registered independent investment adviser that specializes in white-label ETFs and offers comprehensive ETF services spanning ETF-in-a-Box, ETF portfolio management, fund marketing and consulting. ETC's comprehensive platform delivers a true turnkey solution for investment advisors, financial professionals, and others to manage their assets and offer their strategy in an ETF wrapper to meet investor needs. Learn more at www.exchangetradedconcepts.com.
RFG Advisory is an SEC-registered investment adviser offering a groundbreaking independent model to empower advisors to build a thriving advisory business. RFG's award-winning RIA platform provides independent advisors with the tools and resources to drive organic growth and create enterprise value. Learn more at https://rfgadvisory.com/.
The nine Bluemonte ETFs are now listed on the NYSE Arca and available for trading. For more information, visit www.Bluemontefunds.com.
All investments involve risk, including possible loss of principal. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call 1-833-537-3863 or visit our website at www.Bluemontefunds.com/investor-materials. Read the prospectus or summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal. There is no guarantee the Funds will achieve their stated investment objectives.
Shares of ETFs are bought and sold at market price (closing price) not net asset value (NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Exchange Traded Concepts, LLC serves as the investment advisor of the funds. RFG Advisory, LLC serves as the sub-adviser to the funds. SEI Investments Distribution Co. (SIDCO, 1 Freedom Valley Drive, Oaks, PA 19456) serves as the Fund Distributor for the Bluemonte ETFs. SEI Investments Distribution Co., Exchange Traded Concepts, LLC., RFG Advisory, LLC are not affiliated.
SOURCE Exchange Traded Concepts, LLC