CINCINNATI, April 12, 2022 (GLOBE NEWSWIRE) — Ultimus Fund Solutions® (Ultimus®), a number one unbiased supplier of full-service technology-enhanced fund administration, accounting, center workplace, and investor options, is happy to announce it was just lately chosen by R Cubed Global Capital, LLC to assist launch a worldwide ETF, ticker image GDVD.
R Cubed World Capital focuses on in search of a steadiness between efficiency and volatility to assist create continuous returns for its traders and stakeholders.
The fund’s portfolio supervisor, Cliff Remily, beforehand managed an identical ETF, which gained its repute as the most important ETF thus far earlier than the $800 million-dollar fund moved to a individually managed account. Remily has over 20 years of expertise managing world and worldwide dividend-paying shares. Now, R Cubed World Capital has chosen Ultimus as its fund administrator, paving the way in which for the ETF’s arrival to market as R3 World Dividend Progress ETF.
John Roche, R Cubed World Capital’s CEO, reveals his causes for selecting Ultimus. “R Cubed World Capital selected Ultimus for a number of causes. With their mixed subject material capabilities and deep working data of the ETF ecosystem, we knew we had been in good fingers,” he states. “They had been enthusiastic, responsive, and versatile, which was perfect for our startup atmosphere and targets as a corporation. They not solely helped us launch the fund rapidly, however they launched us to the collection belief construction and ETF ecosystem.”
“Additional, we stay up for re-engaging the investing public with what we contemplate to be a vital technique for revenue traders, rising dividends.”
The ETF ecosystem is a nuanced system consisting of assorted exterior events equivalent to Lead Market Makers, Itemizing Exchanges, Licensed Individuals, and Fund Distributors that have to be recognized, aligned, and built-in for every fund. As a part of the ETF registration course of with the SEC, firms wishing to launch or relaunch an ETF can select between a collection belief and a standalone belief. For startups like R Cubed World Capital, Ultimus’ collection belief construction offers very important parts, together with a faster launch time, deep trade connections, and decreased value of possession.
These advantages are made potential because of the collection belief construction already having a longtime belief, together with an current Board of Trustees and Officers and a pre-selected Fund Counsel. As an alternative of delving into ETF regulatory necessities, reporting, and navigating an ever-evolving panorama, R Cubed World Capital selected to leverage Ultimus’ collection belief, trade expertise, connections, and supplier options.
Kevin Wolf, Ultimus’ EVP, Head of Fund Administration and Product, said, “Ultimus has been in discussions with R Cubed World Capital for a bit over a yr now. We’re happy to see this relationship come to fruition, and we even have nice anticipation surrounding this ETF launch. It’s at all times thrilling once we can efficiently companion with an adviser to make their imaginative and prescient a actuality.”
Wolf additional defined the advantages of working with the Ultimus crew. “With our deep trade expertise and enterprise companions, we offer a excessive diploma of flexibility for our purchasers, permitting them to simply navigate all the ETF ecosystem. As well as, the collection belief construction offers our purchasers with an intuitive method to bringing product to market—an method they’ll leverage for a sooner launch time.”
About Ultimus
Ultimus Fund Solutions (Ultimus) is a number one supplier of full-service tech-enhanced fund administration, accounting, and investor options to assist the launching and servicing of registered funds, personal funds, and public plans. The corporate additionally presents personalized buildings designed for the distinctive wants of pensions, endowments, foundations, and different massive establishments. Ultimus’ deep dedication to excellence is achieved by investments in best-in-class know-how, compliance applications, organization-wide cyber safety efforts, and hiring seasoned professionals.
Headquartered in Cincinnati, Ohio with workplaces in different main cities equivalent to Denver, Philadelphia, New York, and Boston, Ultimus employs greater than 850 seasoned accountants, attorneys, paralegals, software builders, fund directors, compliance specialists, and plenty of others with years of expertise within the monetary providers trade. Servicing over 1,600 whole conventional and different funds, Ultimus helps funding managers and fund households flourish in in the present day’s more and more refined and dynamic funding panorama. For extra data, go to www.ultimusfundsolutions.com.
Traders ought to contemplate the funding goal, dangers, and costs and bills of the Fund(s) earlier than investing. The prospectus and the abstract prospectus comprises this and different details about the Fund(s) and needs to be learn fastidiously earlier than investing. The prospectus could also be obtained at (888) 275-7342 or (833) ASK-R3GC or https://r3etfs.com/.
The Adviser has not beforehand served as an adviser to an ETF, though its portfolio managers and administration have intensive expertise with ETFs. In consequence, there is no such thing as a long-term observe document in opposition to which an investor might decide the Adviser and it’s potential the Adviser might not obtain the Fund’s meant funding goal.
Corporations which have paid common dividends to shareholders might lower or eradicate dividend funds sooner or later. For instance, a pointy rise in rates of interest or financial downturn may trigger an organization to unexpectedly scale back or eradicate its dividend. Moreover, the Fund’s efficiency throughout a broad market advance may endure as a result of dividend-paying shares might not expertise the identical capital appreciation as non-dividend paying shares.
Investing entails danger together with lack of principal.
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