Chicago, September 27, 2024—Amplify ETFs announces September income distributions for its income ETFs.

After months of anticipation, the Federal Reserve has cut its benchmark interest rate by 50 basis points (0.50%). The move follows months of speculation and is likely to be followed by additional rate cuts in the coming months. Now that the guessing game of “Will the Fed Cut and by How Much” has ended — at least for now — investors are left wondering what it means for their portfolios and how to navigate the new environment. With that in mind, here are three insights to help investors in the months ahead:

Exploring diverse investment opportunities regardless of election outcomes. The November election is in its final stretch, and recently, we discussed the trends that have historically shaped markets leading up to the election. Many investors are already asking what the implications of a victory of either administration could mean for their portfolios since the administrations have varying policy proposals.

Discover record high projections for online holiday shopping, with potential implications for investor portfolios. As we edge closer to the holiday season, the retail landscape is once again poised for its annual transformation, with e-commerce, digital purchases, and Buy Now Pay Later (BNPL) taking center stage in the ongoing narrative of shopping evolution.

Audio Commentary by Tim Seymour

ETF Watch spotlights trending and innovative ideas across the Amplify ETFs product line.

COMMENTARY Equity markets rolled over without hesitation as the calendar turned to September, historically one of the weakest months for equities. While not as extreme as the early August selloff, the CBOE Volatility Index (VIX) pushed into the mid-20s and the S&P 500 slid more than 6% in the first 5 trading sessions as equities searched for a bottom and speculation of an emergency rate cut even began to swirl. Ultimately, it was economic data – nonfarm payrolls and CPI – that gave investors’ confidence that a 50 BPs (basis points)1 rate cut by the Fed was coming and that an economic soft landing may still be a possibility. Equities rallied into the Fed rate cut and never looked back, turning September into a green month for the first time since 2019.

Blockchain: Adoption Gains Momentum in 2024 As of September 30, 2024, BLOK’s NAV returns were up 6.25% for the 1 month, 5.79% for the Q3, and is up 25.53% YTD (see standardized performance). More importantly, the driver of these returns is evidence that real change is on the horizon. In September, at the Singapore 2049 Conference, Sergey Nazarov, the Co-founder of Chainlink, delivered an eye-opening keynote address that explained his idea of why adoption is at an intersection between TradFi and DeFi, which will ultimately lead to hundreds of trillions of value, measured by dollars and code. Note that many readers of this report likely have not heard of Sergey Nazarov or Chainlink, but in a changing world, innovation does not usually come from your next door neighbor. Chainlink, which he co-founded, is an industry platform standard that is powering and integrating the decentralized computing ecosystem referenced as DeFi. “Chainlink since 2022 has enabled over $15 trillion in cumulative transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, and offchain computations. It provides a base level of security and cross-chain interoperability across any blockchain.” Check out his full Token Singapore 2049 keynote speech1 as well as all of our footnotes links below.2

AIVC seeks to provide equal-weighted global exposure to three types of companies integral to the AI value chain, replaces Amplify Global Cloud Technology ETF (IVES)

Audio Commentary by Tim Seymour