COWS & HCOW Quarterly Report w/ Kevin Kelly Q1 2024 [Video]
Portfolio Manager Kevin Kelly brings you the latest insights into the world of free cash flow ETFs, with a spotlight on the COWS and HCOW ETFs. In this comprehensive update, we shed light on these innovative investment strategies and their potential benefits for your portfolio. Discussion topics include:
1. What is the investment philosophy of the COWS and HCOW ETF?2. What changes took place in the COWS index in the first quarter of 2024?
3. How do these two strategies complement each other?
5. How is the covered call strategy employed in the HCOW ETF?
6. What is the strategic fit of these ETFs in an investor's portfolio?
Data as of 3/31/2024. Click below to view:
COWS: prospectus | standardized performanceHCOW: prospectus | standardized performance
COWS: The Fund employs a “passive management” or indexing investment approach that seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index. Differences in timing of trades and valuation as well as fees and expenses, may cause the Fund to not exactly replicate the index known as tracking error.
HCOW: The Fund is actively-managed and its performance reflects investment decisions that the Adviser makes for the Fund. The Fund’s use of derivatives may be considered aggressive and may expose the Fund to greater risks and larger losses or smaller gains than investing directly in the reference asset(s) underlying those derivatives. The Fund is subject to increased counterparty risk with respect to the amount it expects to receive from counterparties to uncleared swaps. Investing in options and other instruments with option-type elements may increase the risk, volatility and/or transaction expenses of the Fund. The Fund invests in the COWS ETF which invests in large capitalization companies. Large-capitalization companies may be less able than smaller-capitalization companies to adapt to changing market conditions.
Amplify Investments LLC serves as the investment adviser. Kelly Strategic Management, LLC and Penserra Capital Management LLC each serve as investment sub-advisers to the Fund.
Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in Amplify Funds statutory and summary prospectus, which may be obtained by calling 855-267-3837 or by visiting AmplifyETFs.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Amplify ETFs are distributed by Foreside Fund Services, LLC.