
SAN DIEGO–(BUSINESS WIRE)–Counterpoint Funds, LLC, an investment adviser for quantitative mutual funds and exchange traded funds (“ETF”) that specialize in defensive diversifier strategies, has announced plans to move the listings of the Counterpoint High Yield Trend ETF (HYTR) and the Counterpoint Quantitative Equity ETF (CPAI) to the NYSE from NYSE Arca, Inc. This transfer is scheduled to occur around October 30, 2024. Shareholders do not need to take any action, and the transfer is not expected to impact the trading of either Counterpoint ETF shares.
HYTR is designed as a defensive, fixed income trend-following ETF, alternating its exposure between the U.S. high yield corporate market and U.S. Treasuries. The fund aims to offer shareholders defensive diversification, liquidity similar to stocks, transparency, lower costs, and tax efficiency.
CPAI employs machine learning models to score and select the highest-ranked U.S. stocks across all market capitalizations, with a particular focus on small and mid-cap companies. By utilizing advanced artificial intelligence techniques, CPAI dynamically adjusts its exposure to varying factors in order to seek outperformance compared to the overall market. The fund’s goal is to provide exposure to stocks with the highest predicted returns, adapting its factor exposures based on interaction effects and shifts in market conditions.
Counterpoint Funds, LLC is a registered investment advisor with the SEC and acts as the investment adviser for both HYTR and CPAI. Investors can access both funds through most individual brokerage platforms.
To learn more about Counterpoint Funds, LLC, please visit its website at www.counterpointfunds.com.
About Counterpoint Funds, LLC
Counterpoint Funds, LLC is a defensive, systematic, and research-driven mutual fund, ETF, and strategy provider with five funds and over $2 billion in assets under management. The company focuses on offering defensive fixed income and equity diversifier strategies designed to enhance portfolio performance over the long term. The funds and investment strategies utilized by Counterpoint Funds, LLC employ quantitative methods that rely on academic research and statistical analysis for asset allocation and security selection decisions. Counterpoint Funds, LLC is headquartered at 12760 High Bluff Drive, Suite 280, San Diego, CA 92130. For inquiries, you can reach them at 844-273-8637.
IMPORTANT RISK INFORMATION: While the shares of ETFs are tradable on secondary markets, they may not always trade under favorable market conditions and could trade at significant discounts during periods of market stress. ETFs trade like stocks and are subject to investment risks, with potential fluctuations in market value that may lead to trading prices above or below the ETF’s net asset value. Brokerage fees and ETF expenses will diminish returns.
There is no assurance that HYTR or CPAI will fulfill their respective goals. The acceptable investment scope for each Counterpoint ETF may be more restricted in comparison to other ETFs, as dictated by the unique investment strategy of each. Each Counterpoint ETF typically avoids investing in companies that do not align with the specific criteria of its investment strategy, and may liquidate holdings that fail to adhere to these criteria. Consequently, investing in either Counterpoint ETF could be riskier than investing in other ETFs that have a wider range of securities.
Important information regarding Counterpoint ETFs can be found in their prospectuses and Statements of Additional Information (SAIs), which are accessible by visiting counterpointfunds.com or by contacting 844-273-8637. It is crucial to read the prospectuses and SAIs thoroughly before making an investment. Investors should carefully assess the investment objectives, risks, fees, and expenses associated with Counterpoint ETFs that are managed by Counterpoint Funds, LLC. Counterpoint ETFs are distributed by Northern Lights Distributors, LLC, which is a member of FINRA and SIPC. Counterpoint Funds, LLC operates independently of Northern Lights Distributors, LLC.
NOT FDIC INSURED – MAY LOSE VALUE – NO BANK GUARANTEE
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Contacts
Counterpoint Funds
John Held, Vice President of Marketing
+ 1 (858) 859-8815
press@cpfunds.com
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