Issuance of New XDIV (U.S. Equity Ex-Dividend Fund—Series 2027) and IDIV (U.S. Equity Cumulative Dividends Fund—Series 2027) Shares Temporarily Suspended
Existing Shares to Trade Normally for Retail and Institutional Investors
HOBOKEN, N.J., February 5, 2021 (Newswire.com) - Metaurus Advisors LLC, in its capacity as the sponsor of the U.S. Equity Cumulative Dividends Fund—Series 2027 (ticker: IDIV), and the U.S. Equity Ex-Dividend Fund—Series 2027 (ticker: XDIV) has temporarily suspended the creation of new shares of XDIV and IDIV while an update to their prospectus is being reviewed by the National Futures Association.
Authorized participants and other market makers have a range of existing tools to meet investor demand within normal settlement cycles, including existing holdings of XDIV or IDIV in inventory and use of hedging instruments to cover short positions. Metaurus expects that normal creations will resume in mid-February, subject to NFA review.
Any forward-looking statements are based on the expectations of Metaurus Advisors, IDIV, and XDIV at this time and actual results may differ.
As with all securities, there may be increases in the spread quoted between offers to buy and sell shares. In addition, there could be a variation between the market price at which shares are traded and the shares' net asset value.
Questions may be directed to the Sponsor at 917-509-3414.
About Metaurus Advisors
Metaurus Advisors is an asset management company focused on innovation and dedicated to providing unique financial solutions to address today's most pressing investment problems. Metaurus seeks to alter the investment landscape, both domestically and internationally, by providing the market with thoughtfully built financial tools, not generic products.
XDIV and IDIV (collectively, "the ETFs") are not investment companies registered under the Investment Company Act of 1940 and are not afforded the protections of the 1940 Act.
This material must be preceded or accompanied by a prospectus. Carefully consider the Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds' prospectus, which may be obtained by clicking on the Prospectus link or by calling 866.395.0079. Read the prospectus carefully before investing.
Nothing in this announcement should be considered a solicitation to buy or an offer to sell any shares of the portfolio in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. This communication is for informational purposes only. It is not intended to provide, and should not be interpreted as individualized investment, legal or tax advice. To obtain such advice, please consult with your investment, legal or tax professional. Investing involves risk, including possible loss of principal. There is no guarantee that the funds will meet their investment objectives. The ETFs primarily invest in futures, which can be volatile. Even a small movement in market prices could cause large losses. There is no guarantee that distributions will be made.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the funds other than in large Creation Unit aggregations. Instead, investors must buy or sell shares of the funds in the secondary market with the assistance of a broker. As with all securities, buying and selling shares of the funds will result in brokerage commissions and will generate tax consequences. Brokerage commissions will reduce returns.
Additional disclosures can be found at www.metaurus.com/disclosures
Funds distributed in the United States by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with Metaurus Advisors LLC or any of its affiliates.
XDIV and IDIV are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with Metaurus Advisors LLC or any of its affiliates.
© 2021 Metaurus Advisors LLC. All rights reserved.
Source: Metaurus Advisors