BCNA offers exposure to Chinese companies at
the forefront of the burgeoning blockchain technology ecosystem
Reality Shares, an innovative asset management firm,
exchange-traded fund (ETF) issuer and index provider, today
launches the first ETF to give investors access to China-based
companies potentially leading the blockchain technology
revolution.
The Reality Shares Nasdaq NexGen Economy China ETF (Nasdaq:
BCNA) tracks the Reality Shares Nasdaq Blockchain China Index,
which seeks to identify and invest in Chinese companies committing
material resources to develop and implement blockchain technology.
The index rebalances semiannually and is comprised of 31
constituents.
“China is quickly becoming a global epicenter for blockchain
innovation. In 2017, the nation filed for more blockchain-related
patents than any other country in the world1, and the Chinese
government recently endorsed blockchain technology as an economic
‘breakthrough,’” said Eric Ervin, CEO of Reality Shares. “China’s
blockchain industry presents an incredibly exciting and long-term
investment opportunity, and through BCNA, investors can now easily
access this emergent market.”
BCNA’s index components are determined by Reality Shares’
proprietary Blockchain Score™ methodology, which evaluates
companies based on seven key factors, including: role in blockchain
ecosystem, blockchain product stage, blockchain economic impact,
Blockchain Institute membership, research and development
expenditure, company filings and innovation. In addition, the
fund’s advisory board is stacked with six well-regarded blockchain
and cryptocurrency executives who are involved in the research
process.
Reality Shares entered the blockchain technology space earlier
this year with the launch of the Reality Shares Nasdaq NexGen
Economy ETF (Nasdaq: BLCN). BCNA serves as a complementary product
to BLCN, offering U.S. investors exposure to Chinese
blockchain-related company A-shares for the first time.
For more information, please visit
http://go.realityshares.com/story/the-bcna-etf/ or call
855-595-0240.
About Reality Shares
Reality Shares is an innovative asset management firm, ETF
issuer and index provider. Reality Shares' goal is to democratize
the world's best investing ideas, using systematic quantitative
methods to deliver products and solutions that support a wide range
of investing objectives, such as diversification, lower
correlation, risk mitigation or unique market exposures.
For more information, visit www.realityshares.com.
1. CoinTelegraph: “China Filed For The Most Blockchain Patents
in 2017”, Mar 25 2018
Definitions
The Reality Shares Nasdaq Blockchain China Index: The
Index is designed to measure the returns of companies that are
committing material resources to developing, researching,
supporting, innovating or utilizing blockchain technology for their
proprietary use or for use by others, and are incorporated in Hong
Kong and mainland China.
A-shares: They trade on the two Chinese stock exchanges,
the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
A-shares are shares of mainland China-based companies.
Disclaimer
Carefully consider the investment objective, risks, charges
and expenses before investing in Reality Shares ETFs. This and
other important information can be found in the Fund’s prospectus,
which may be obtained by calling 855-595-0240 or by visiting us
at realityshares.com. Please read the prospectus
carefully before investing.
Investing involves risks, including possible loss of principal.
Shares are not FDIC insured and may lose value. Past performance
does not guarantee future results.
For BCNA, there is no guarantee or assurance the methodology
used to create the respective Benchmark Index will result in the
Fund achieving positive returns. The Fund may be more susceptible
to a single adverse economic or other occurrence and may therefore
be more volatile than a more diversified fund. Each Benchmark Index
is constructed using a rules-based methodology based on
quantitative models developed by Reality Shares. These quantitative
models may be incomplete, flawed or based on inaccurate assumptions
and, therefore, may lead to the selection of assets that produce
inferior investment returns or provide exposure to greater risk of
loss. Principal risks for the Fund include Authorized Participant
Concentration Risk, Blockchain Technology Risk, Depositary Receipt
Risk, Emerging Markets Risk, Equity Risk, ETF Trading Risk, Foreign
Issuer Exposure Risk, Geographic Concentration Risk, Non-Blockchain
Technology Business Line Risk, Index Performance Risk, Index
Tracking Error Risk, Sector Risk, Industry Concentration Risk,
Market Risk, and Non-Diversification Risk. See prospectus for full
description of risks, which may negatively impact the Fund’s
investment strategy and could cause the Fund to lose money. Please
review the prospectus for important risks regarding the Fund, as
each of these factors could cause the value of an investment in the
Fund to decline over short-and long-term periods.
Blockchain technology is a new and developing technology
protocol developed by companies in a manner for optimizing business
practices. Blockchain technology is not a product or service with
an individually attributable revenue stream. Blockchain technology
may never develop optimized transactional processes that lead to
increased economic returns to any company in which the Fund
invests. There can be no assurance that blockchain technology will
affect the primary lines of business in the Fund’s portfolio
companies to have a positive impact on a company’s financial
condition. The Benchmark Index was created and is maintained
through a collaboration between Reality Shares and Nasdaq, and the
Fund is listed on the Nasdaq exchange. The BCNA Fund is new and has
limited trading history.
ETF shares are not individually redeemable. Investors buy and
sell shares of the Fund on a secondary market. Only market makers
or ‘authorized participants’ may trade directly with the Fund,
typically in blocks of 25,000 shares. Brokerage commissions will
reduce returns. Market Price is based on the midpoint of the
bid/ask spread at the close of the market and does not represent
the returns an investor would receive if shares were traded at
other times.
Reality Shares Advisors, LLC is the Investment Advisor. ALPS
Distributors, Inc. is the Distributor for the Fund. ALPS
Distributors, Inc. is not affiliated with Reality Shares Advisors,
LLC.
RLT001031 Exp. 7/31/2018.
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version on businesswire.com: https://www.businesswire.com/news/home/20180620005204/en/
Sales contact:Reality
Shares855-595-0240info@realityshares.comorMedia
contact:Gregory FCA for Reality SharesJill Tatios,
215-240-6398realityshares@gregoryfca.com
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