GREENSBURG, Pa., Sept. 13,
2022 /PRNewswire/ -- THOR Financial Technologies
("THOR") today announced the launch of its first exchange-traded
fund (ETF), THOR Low Volatility (NYSE: THLV), an actively managed
low volatility equity strategy on the New York Stock Exchange. The
introduction of THOR's low volatility strategy as an ETF brings the
firms proprietary risk management technology to the masses, seeking
to provide investment results that generally correspond, before
fees and expenses, to the performance of the THOR U.S. Low
Volatility Index.
THOR's Low Volatility Index is calculated by Solactive and
invests in large cap equities across ten sector ETFs: financial,
industrial, energy, technology, healthcare, materials, utilities,
consumer discretionary, real estate and consumer staples. The ETF
rebalances weekly to determine if sectors are risk on or risk off;
where sector allocations transition into money market funds or cash
to minimize negative returns.
"We are thrilled to launch our first publicly traded offering
and even more excited about our fund product pipeline," said
Brad Roth, founder and CIO at THOR
Financial Technologies. "THLV delivers one of our flagship
investment strategies in a low-cost vehicle to help meet investor
needs as they continue to seek low volatile investments capable of
producing alpha."
THOR utilizes a mix of non-traditional sciences to make
investment decisions, relying on automated decision making to
deploy investments quickly and without bias.
"THLV is an existing strategy from THOR used by many advisors on
our model marketplace," added Kyle
Wiggs, co-founder at UX Wealth Partners. "The launch of this
model as an ETF is based off of the ongoing advisor demand we're
experiencing for THOR's low volatility strategies, as well as
research through our partnership, to leverage data, analytics and
an AI-driven investment engine to help de-risk portfolios."
THOR's founding team brings decades of experience in portfolio
construction, investment advice, and wealth management research to
investors. Brad Roth and
Cameron Roth are the portfolio
managers for THLV, which is supported by a board of trustees that
includes Akhil Lodha, CEO of
StratiFi, Rasheed Hammouda, head of
product at Alternativ, and John
Cooper, a Private Equity Advisor and former Morgan Stanley
Managing Director.
About THOR Financial
Technologies
THOR Financial Technologies, LLC provides investment solutions
that deploys portfolios in a more intelligent way with a main focus
on managing risk. THOR supports forward-thinking financial advisors
and investors who believe cutting edge research is essential to
access differentiated and productive investment technology.
Investors should carefully consider the investment
objectives, risks, and charges and expenses of the fund before
investing. The prospectus contains this and other information about
the fund, and it should be read carefully before investing.
Investors may obtain a copy of the prospectus by calling toll free
800-974-6964.
Investing in the Fund involves risk, including loss of
principal. There is no guarantee that the fund will meet its
investment objective. While the shares of ETFs are trade-able on
secondary markets, they may not readily trade in all market
conditions and may trade at significant discounts in periods of
market stress. ETFs trade like stocks, are subject to
investment risk, fluctuate in market value and may trade at prices
above or below the ETF's net asset value. Brokerage
commissions and ETF expenses will reduce returns. There is no
guarantee that the Fund will achieve its objective.
THOR Low Volatility Fund is distributed by Northern Lights
Distributors, LLC. Northern Lights Distributors, LLC and THOR
Trading Advisors, LLC are separate and unaffiliated.
THOR Trading Advisors, LLC is an investment adviser registered
with the U.S. Securities and Exchange Commission (SEC).
View original
content:https://www.prnewswire.com/news-releases/thor-launches-its-first-etf-301622771.html
SOURCE THOR Financial Technologies