About EventShares

 

Investment Management Firm

The Firm

EventShares is an investment manager focused on legislation and regulation coming out of Washington, D.C. In our view, investors too often passively consume policy as a series of one-time, market-moving headlines. The EventShares approach reverses this process by first aiming to identify policy winners and losers and then overlaying the firm’s macro viewpoint utilizing both fundamental and quantitative research.

Our clients include financial advisors, institutions, family offices, and high-net-worth individuals. Our principals have made significant investments in our products, which we believe aligns us with our investors and demonstrates our commitment to the investment strategies we employ. For more information about EventShares, please send an email to info@EventShares.com.

 

Our Chief Investment Officer Ben Phillips, CFA is a regular media contributor to CNBC, Bloomberg, Fox Business, Yahoo Finance TV, Reuters TV, Cheddar TV, and TD Ameritrade Networks. The firm is headquartered in Newport Beach, CA. 

Ben Phillips, CFA | Chief Investment Officer

Ben serves as the Chief Investment Officer overseeing portfolio management and chairs the Investment Committee. Previously, Ben was with Goldman Sachs Asset Management (GSAM), where he had portfolio management responsibilities across several multi-sector total return funds. Prior to GSAM, he held senior investing roles at Providence Equity Partners and Lord Abbett. Ben is a CFA charterholder and received an MBA and BSBA in Finance from the University of Missouri.

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Matt Clements, CPA | Director of Research

Matt serves as the Director of Research overseeing policy research and legislative analysis. Matt is a member of the Investment Committee. Previously, he was with Ernst & Young in the Financial Services Office. Matt is a registered CPA and received a Masters of Accountancy from the University of Missouri.

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Jon Clements | Chief Strategist​ 

Jon serves as the Chief Strategist overseeing product development and firm partnerships. Jon is a member of the Investment Committee. Previously, he was with Goldman Sachs Global Investment Research Team in New York City. Jon received a BSBA in Finance from the University of Missouri.

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Important Information & Risks
 

The EventShares US Policy Alpha ETF name changed to the EventShares U.S. Legislative Opportunities ETF effective October 15, 2019. The fund's ticker (PLCY), investment objective, and strategies remain the same.

 

Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus or, if available, the summary prospectus, a copy of which may be obtained by visiting the Fund’s website at www.EventSharesFunds.com. Please read the prospectus carefully before you invest.

 

Investing involves risk, including the loss of principal. There can be no assurance that the Fund will achieve its investment objective. The Fund is an actively managed ETF that does not seek to replicate the performance of a specified index. Investors in the Fund should be willing to accept a high degree of volatility in the price of the Fund’s shares and the possibility of significant losses. An investment in the Fund involves a substantial degree of risk and the Fund does not represent a complete investment program. The Prospectus contains important information about investing in the Fund. Please read this Prospectus carefully before you make any investment decisions.

The prices of equity securities rise and fall daily. These price movements may result from factors affecting individual issuers, industries or the stock market as a whole. Shares of the Fund may trade above or below their net asset value (“NAV”). The trading price of the Fund’s shares may deviate significantly from their NAV during periods of market volatility. There can be no assurance that an active trading market for the Fund’s shares will develop or be maintained. In addition, equity markets tend to move in cycles which may cause stock prices to fall over short or extended periods of time.

Losing all or a portion of your investment is a risk of investing in the fund. Failure of the government to take positive action on policy and regulation themes, as well as other factors besides government action, may result in losses. Unanticipated political or social developments may result in sudden and significant investment losses. Political and social developments that are anticipated but at odds with a Fund’s theme may result in sudden and significant investment losses. Investing in securities of small and medium capitalization companies may involve greater volatility than investing in larger and more established companies because small and medium capitalization companies can be subject to more abrupt or erratic share price changes than larger, more established companies. The use of hedging and derivatives could produce disproportionate gains or losses and may increase costs.
 
Diversification does not guarantee a profit or protect against loss in market declines. Past performance does not guarantee future results. Holdings and allocations are subject to change.
 
Shares of the Funds are listed on a national securities exchange, the Bats BZX Exchange (“Exchange” or “Bats BZX”) and trade at market prices. The market price for each Fund’s shares may be different from its net asset value per share (the “NAV”). Shares of each Fund are not individually redeemable and that owners of shares may acquire or redeem shares in Creation Units only. Because fund shares trade at market prices rather than at net asset value (NAV), Fund shares may trade at a price greater than NAV (premium) or less than NAV (discount).
 
Funds distributed by Foreside Fund Services, LLC. Active Weighting Advisors, LLC serves as the investment advisor to the Exchange-Traded Funds (ETFs). Foreside Fund Services, LLC is not affiliated with Active Weighting Advisors, LLC. Check the background of Foreside Fund Services, LLC and Active Weighting Advisors LLC’s Registered Representatives on FINRA’s
BrokerCheck. Active Weighting Funds are the ETFs under the brand name EventShares.
 
If you click on a 3rd party link (e.g. the domain is different than www.EventSharesFunds.com) then you must note the following disclosure “You are leaving this website. You will be connected to a website maintained by a third party, and you acknowledge and agree to the following: We are providing a link to the third party’s website solely as a convenience to you, because we believe that website may provide useful content. We do not control the content on the third-party website; we do not guarantee any claims made on it; nor do we endorse the website, its sponsor, or any of the content, policies, activities, products or services offered on the website or by any advertiser on the site. We disclaim any responsibility for the website’s performance or interaction with your computer, its security and privacy policies and practices, and any consequences that may result from visiting it. The link is not intended to create an offer to sell, or a solicitation of an offer to buy or hold, any securities.”

 

Definitions

Alpha - A measure of the active return on an investment, the performance of that investment compared with a suitable market index. Beta - Indicates whether the investment is more or less volatile than the market as a whole. Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The Morningstar Mid Core Index measures the performance of mid-cap stocks where neither growth nor value characteristics predominate. The Morningstar Mid Core Index is the benchmark for the EventShares U.S. Legislative Opportunities ETF. Indexes do not reflect fees and expenses. Indexes are unmanaged and it is not possible to invest directly in an index.

 

 

Footnotes 

1 Methodology: ETF.com Award winners are selected in a three-part process designed to leverage the insights and opinions of leaders throughout the ETF industry. Step 1: The awards process began with open nominations, which started Dec. 3, 2018, and closed Jan. 3, 2019. Step 2: Following the open nominations process, the ETF.com Awards Nominating Committee—made up of senior leaders at ETF.com, Inside ETFs and FactSet—voted to select up to five finalists in each category. Votes were tallied on a majority basis. Ties were broken where possible with head-to-head runoff votes. If ties could not be broken, more than five finalists were allowed. Nomination voting concluded Jan. 14, 2019. 2018 Nominating Committee: Matt Hougan, Chairman, Inside ETFs, Paul Britt, Senior Analyst, FactSet, Elisabeth Kashner, Director of ETF Research, FactSet, Dave Nadig, Managing Director, ETF.com, Drew Voros, Editor-in-Chief, ETF.com. Step 3: Winners from these finalists were selected by a majority vote of the ETF.com Awards Selection Committee, a group of independent ETF experts. Committee members recused themselves from voting in any category in which they or their firms appeared as finalists. Ties were decided where possible with head-to-head runoff votes. 2018 Awards Selection Committee: Kim Arthur, Main Management Eric Balchunas, Bloomberg Intelligence, Ben Blaisdell (US Trust), Rob Glownia (RiverFront), Tom Lydon (ETFtrends), Phil Mackintosh (NASDAQ), Tyler Mordy (Forstrong Global Asset Management), Todd Rosenbluth (CFRA), Jim Wiandt (Industry Expert).  Voting was completed by Jan. 3, 2019, but results were kept secret until their announcement at the ETF.com U.S. Awards Dinner on March 28, 2019.

2 Cohen, Diether, Malloy "Legislating Stock Price." National Bureau of Economic Research