Amplify ETFs Announces Sub-Adviser Changes on Three of Its ETFs
October 02 2020 - 10:38AM
Amplify ETFs announces changes to the sub-advisers on three of its
ETFs. The Board of Trustees of the Amplify ETF Trust considered and
voted to approve the following changes to the Funds:
For the Amplify Transformational Data Sharing ETF (NYSE: BLOK)
and Amplify Advanced Battery Metals and Materials ETF (NYSE: BATT),
the investment sub-advisory agreement with CSAT Investment
Advisory, L.P., d/b/a Exponential ETFs (“Exponential”) has been
terminated and Toroso Investments, LLC (“Toroso”) will continue to
serve as the investment sub-adviser.
For the Amplify BlackSwan Growth & Treasury Core ETF (NYSE:
SWAN), the investment sub-advisory agreement with Exponential has
been terminated, and Toroso has been added as the investment
sub-adviser pursuant to an investment sub-advisory agreement
between Amplify Investments LLC and Toroso.
The sub-adviser changes have an effective date of September 16,
2020.
Previously, the Amplify Advanced Battery Metals & Materials
ETF announced changes to its name, investment objective and
principal investment strategy. Per the announcement, these changes
are scheduled to become effective on or about October 12, 2020. On
the effective date, the Fund’s name will change to the Amplify
Lithium & Battery Technology ETF.
About Amplify ETFsAmplify ETFs, sponsored by
Amplify Investments, has approximately $2 billion in assets across
its suite of ETFs (as of 9/30/2020). Amplify believes the ETF
structure empowers investors through efficiency, transparency and
flexibility.
ContactsSales Contact:Amplify ETFs855-
267-3837info@amplifyetfs.com
Media Contact:Gregory FCA for Amplify ETFsCaitlyn Foster,
610-228-2056amplifyetfs@gregoryfca.com
Carefully consider the Fund’s investment objectives,
risk factors, charges and expenses before investing. This and
additional information can be found in the
Fund’s statutory and summary prospectus, which may
be obtained by calling 855-267-3837 or by visiting
AmplifyETFs.com. Read the
prospectus carefully before investing.
Investing involves risk, including the possible loss of
principal.
Amplify ETFs are distributed by Foreside Fund Services, LLC.
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