/C O R R E C T I O N -- Exchange Traded Concepts, LLC/
/C O R R E C T I O N -- Exchange Traded Concepts, LLC/ |
| [06-May-2026] |
In the news release, Exchange Traded Concepts Announces Launch of Billionaires Club ETF (CLUB) with Bancreek Capital Strategies, issued 06-May-2026 by Exchange Traded Concepts, LLC over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end: Exchange Traded Concepts Announces Launch of Billionaires Club ETF (CLUB) with Bancreek Capital StrategiesOKLAHOMA CITY, May 6, 2026 /PRNewswire/ -- Exchange Traded Concepts is pleased to announce the launch of the Billionaires Club ETF (NYSE: CLUB). The Fund began trading on the New York Stock Exchange on May 6, 2026. "From a business standpoint, we believe this Fund brings a differentiated offering to investors seeking access to companies shaped by exceptional entrepreneurial and family-led wealth creation," says Garrett Stevens, Co-Founder and Chief Business Officer of Exchange Traded Concepts. "By pairing Bancreek's disciplined and systematic investment process with the flexibility of an actively managed ETF, we are delivering a strategy focused on identifying high-quality businesses with the potential for durable, long-term growth across global markets. We see this launch as an opportunity to meet investor demand for more innovative equity exposure solutions. This Fund reflects our commitment to bringing distinctive, high-conviction strategies to market." "We believe that one of the most powerful signals of a company's long-term potential is the ability of its founders, controlling shareholders, or key operators to create and compound wealth over time," said Andrew Skatoff, CIO of Bancreek Capital Strategies, LLC. "CLUB is designed to systematically identify and invest in these businesses, combining our data-driven investment process with a focus on proven wealth creators. By doing so, we aim to provide investors with access to a global portfolio of companies that have demonstrated the ability to build and sustain long-term economic value." About Bancreek Capital Strategies, LLC About Exchange Traded Concepts 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 Fund, please call (888) 853-3623 or visit our website at www.billionairesclub.com. Read the prospectus or summary prospectus carefully before investing. The Fund is distributed by Foreside Fund Services, LLC and Exchange Traded Concepts, LLC serves as the investment advisor of the fund, and Bancreek Capital Strategies, LLC serves as the sub-adviser of the fund. Foreside Fund Services, LLC is not affiliated with Exchange Traded Concepts, LLC, Bancreek Capital Strategies, LLC or any of its affiliates. Investing involves risk, including loss of principal. A new or smaller fund's performance may not represent how the fund is expected to or may perform in the long term if and when it becomes larger and has fully implemented its investment strategies. The Fund relies heavily on proprietary quantitative investment selection models as well as data and information supplied by third parties that are utilized by such models. To the extent the models do not perform as designed or as intended, the Fund's strategy may not be successfully implemented and the Fund may lose value. If the models or data are incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities that would have been excluded or included had the models or data been correct and complete. Read the prospectus for additional details regarding risks. Correction: We have updated the 1st paragraph's length, updated the 2nd paragraph and updated the 3 disclosure paragraphs at the end of the release.
SOURCE Exchange Traded Concepts, LLC | ||
Company Codes: NYSE:CLUB |
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