Overlay Shares Launch New ETFs and Cross $300 Million in Assets

Megan Delaney

21 January 2021

ATLANTA, Jan. 21, 2021 /PRNewswire/ -- Liquid Strategies, the parent of Overlay Shares exchange-traded funds (ETFs), announced their suite of ETFs has crossed $300 million in assets under management since it began trading on the NYSE Arca in October 2019.  "We are particularly proud of raising this level of assets during a time when investors are understandably concerned with the COVID-19 pandemic", Brad Ball, CEO of Overlay Shares and Liquid Strategies.

Additionally, Overlay Shares has launched two new ETFs: Overlay Shares Short Term Bond ETF (OVT) and Overlay Shares Large Cap Hedged Equity ETF (OVLH). OVT combines the benefits of investing in short-duration bonds with income potential from the option overlay strategy utilized in the existing suite of ETFs. OVLH combines the benefits of investing in the S&P 500 Index with long-term bear market hedges, sought to be financed through the option overlay strategy, striving to give investors peace of mind to stay fully invested during times of stress.

The Overlay Shares ETF suite features seven sought-after and highly liquid index ETFs.

Overlay Shares Large Cap Equity ETF (ticker: OVL)
Overlay Shares Small Cap Equity ETF (ticker: OVS)
Overlay Shares Foreign Equity ETF (ticker: OVF)
Overlay Shares Hedged Large Cap Equity ETF (ticker: OVLH)
Overlay Shares Core Bond ETF (ticker: OVB)
Overlay Shares Short Term Bond ETF (ticker: OVT)
Overlay Shares Municipal Bond ETF (ticker: OVM)

"Since the initial launch of Overlay Shares, our team has worked to provide solutions to help solve investor problems. With the launch of OVT and OVLH, we're providing even more tools to allow investors and their clients to adapt to changing market risks and opportunities as we move into a very uncertain 2021," said Shawn Gibson, CIO for Liquid Strategies and Overlay Shares.

Learn more about Overlay Shares and our offerings.

RISK FACTORS: The Funds invest in options that derive their performance from the performance of the S&P 500 Index. Selling (writing) and buying options are speculative activities and entail greater than ordinary investment risks. The Fund’s use of put options can lead to losses because of adverse movements in the price or value of the underlying asset, which may be magnified by certain features of the options. When selling a put option, the Funds will receive a premium; however, this premium may not be enough to offset a loss incurred by the Funds if the price of the underlying asset is below the strike price by an amount equal to or greater than the premium. Purchased put options may expire worthless and the Funds would lose the premium they paid for the option. The Funds may lose significantly more than the premiums they receive in highly volatile market conditions.

The Funds will invest in short term put options which are financial derivatives that give buyers the right, but not the obligation, to sell (put) an underlying asset at an agreed-upon price and date. The Funds’ use of options may reduce the Funds’ ability to profit from increases in the value of the underlying asset. The Funds could experience a loss or increased volatility if its derivatives do not perform as anticipated or are not correlated with the performance of their underlying asset or if the Funds are unable to purchase or liquidate a position. OVT is subject to the same risks as the underlying bonds in the portfolio such as credit, call and interest rate risk. As interest rates rise the value of bond prices will decline.

The Funds were recently organized and has no operating history. As a result, investors have a limited track record on which to base their investment decision. Investments involve risk including the possible loss of principal.

Investors should consider the investment objectives, risks, charges and expenses of the Overlay Shares ETF carefully before investing. For a prospectus or summary prospectus with this and other important information about the Fund, please visit overlayshares.com or call (866) 704-OVLS. Read the prospectus carefully before investing.

Shareholder Services: 1-866-704-OVLS
Investment Professionals: 770-350-8700 or info@overlayshares.com
Distributed by Foreside Fund Services, LLC, which is not affiliated with the Adviser.


Megan Delaney

Megan joined Liquid Strategies in 2018 and serves as Marketing Director, focusing on the overall marketing and growth of the firm.

Receive our News