NEW YORK, NY, July 23, 2020 – Virtus ETF Advisers today announced it was honored with two awards at the Mutual Fund Industry and ETF Virtual Awards 2020. The Virtus Real Assets Income ETF (Ticker: VRAI) was named Newcomer Smart-beta ETF of the Year and the Virtus Private Credit ETF (Ticker: VPC) was commended for the Newcomer Thematic ETF of the Year.
“At Virtus, we strive to deliver best-in-class, non-traditional income strategies within our ETF suite,” said William Smalley, executive managing director and head of product strategy and management at Virtus ETF Solutions. “In this ongoing, historically low interest rate environment, we feel it’s critical to broaden the opportunity set by seeking higher yield profiles and risk management beyond traditional assets and income offerings. We’re pleased to have earned this recognition which further validates the differentiated investment capabilities that Virtus delivers to the ETF marketplace.”
VRAI seeks to provide passive exposure to U.S. listed, real asset securities by tracking the Indxx Real Asset Income Index, which comprises real estate, natural resources and infrastructure stocks with a history of providing income and dividend growth. The ETF differs from other real asset strategies in that it does not directly invest in hard assets or commodity instruments; rather, it exclusively invests in stocks in real asset categories, and has a specific focus on income. Investing in stocks across real asset segments may offer investors the opportunity to participate in equity growth potential, with the additional potential benefit of protecting against rising inflation.
VPC seeks to deliver an alternative source of yield to traditional fixed income by focusing on the private credit market. The ETF tracks the Indxx Private Credit Index, which provides passive exposure to listed instruments that emphasize private credit, including business development companies (BDCs) and closed-end funds (CEFs).
The Mutual Fund Industry and ETF Virtual Awards, sponsored by Pageant Media, recognizes outstanding business leaders, the best creative minds and the top performers across the U.S. asset management industry.
About Virtus ETF Advisers
Virtus ETF Advisers is a New York-based, multi-manager ETF sponsor and affiliate of Virtus Investment Partners. With actively managed and index-based investment capabilities across multiple asset classes, Virtus offers a range of complementary exchange-traded-funds subadvised by select investment managers.
IMPORTANT RISK CONSIDERATIONS
Exchange-Traded Funds (ETF): The value of an ETF may be more volatile than the underlying portfolio of securities it is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities. Private Credit Funds: Private credit funds that invest in closed-end funds and business development companies bear the risks of these underlying assets, including liquidity, industry, currency, valuation and credit risks. Equity Securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk. Equity REITs: The fund may be negatively affected by factors specific to the real estate market, including interest rates, leverage, property, and management. Infrastructure: A fund that focuses its investments in infrastructure-related companies will be more sensitive to conditions affecting their business or operations. MLPs: Investments in Master Limited Partnerships may be adversely impacted by tax law changes, regulation, or factors affecting underlying assets. Non-Diversified: The fund is non-diversified and may be more susceptible to factors negatively impacting its holdings to the extent that each security represents a larger portion of the fund’s assets. Credit & Interest: Debt securities are subject to various risks, the most prominent of which are credit and interest rate risk. The issuer of a debt security may fail to make interest and/ or principal payments. Values of debt securities may rise or fall in response to changes in interest rates, and this risk may be enhanced with longer-term maturities. High Yield-High Risk Fixed Income Securities: There is a greater level of credit risk and price volatility involved with high yield securities than investment grade securities. Fund of Funds: Because the fund can invest in other funds, it indirectly bears its proportionate share of the operating expenses and management fees of the underlying fund(s). Passive Strategy/Index Risk: A passive investment strategy seeking to track the performance of the underlying Index may result in the fund holding securities regardless of market conditions or their current or projected performance. This could cause the fund’s returns to be lower than if the fund employed an active strategy. Correlation to Index: The performance of the fund and its index may vary somewhat due to factors such as fund flows, transaction costs, and timing differences associated with additions to and deletions from its index. Market Price/ NAV: At the time of purchase and/or sale, an investor’s shares may have a market price that is above or below the fund’s NAV, which may increase the investor’s risk of loss. Closed-End Funds: Closed-end funds may trade at a discount or premium from their net asset values, which may affect whether an investor will realize gains or losses. They may also employ leverage, which may increase volatility. Market Volatility: Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issue, recessions, or other events could have a significant impact on the fund and its investments, including hampering the ability of the fund’s portfolio manager(s) to invest the fund’s assets as intended. Prospectus: For additional information on risks, please see the fund’s prospectus.
Please consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus contains this and other information about the fund. Contact us at 1-888-383-0553 or visit www.virtusetfs.com for a copy of the fund's prospectus. Read the prospectus carefully before you invest or send money.
Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value.
ETFs distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc.
Contacts
Ryan Graham, Media Relations
(862) 777-4274
rgraham@jconnelly.com
Jaime Doyle, Media Relations
(973) 944-8105
jdoyle@jconnelly.com