EIN Presswire | Newsmatics
Democracy Investments Doubles AUM with Support from ETF Expert Ed Rosenberg
News provided byEIN Presswire
Jan 24, 2023, 12:07 PM ET
Democracy Investments International Fund ETF assets under management doubled to $10.5 million on Jan 23, 2023, thanks to new minority firm owner Ed Rosenberg
Democracy Investments (NYSE:DMCY)SAN FRANCISCO, CA, USA, January 24, 2023 /EINPresswire.com/ -- Democracy Investments, advisor to the Democracy International Fund ETF (ticker DMCY), today announced that Edward Rosenberg will be a minority owner in the firm and thanks to his efforts, the Fund assets under management have doubled to $10.5 million.
“I look forward to helping build momentum in 2023 after the challenging markets and changing geopolitics over the last year. Their strategy is more timely now than ever,” stated Mr. Rosenberg. Democracy Investments continues to focus on their strategy of tilting toward the economic strengths of democracies and away from the turmoil of authoritarian states leveraging The Economist’s Democracy Index.
Ed began his career with 15 years at Vanguard where he directed ETF product development and launched 13 ETFs while managing relationships with index providers, exchanges, market making firms and authorized participants. His ETF strategy and platform expertise was further built at Northern Trust, Russell Investments, and most recently at American Century Investments where he developed a platform of 35 ETFs with $16B in AUM in less than five years.
“We are pleased to start the New Year with the doubling of our assets under management. Ed brings decades of ETF industry experience and we are excited to have him on board!” said CEO Julie Cane.
Advisory services offered by Democracy Investment Management, LLC.
Visit www.democracyinvestments.com for more information.
Risk Disclosure and Important Information
Carefully consider the fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund’s summary or full prospectus, which may be obtained at www.democracyinvestments.com. Please read the prospectus carefully before investing. A hard copy of the prospectus can be requested by calling 877-PRO-DMCY (877-776-3629) or emailing DemocracyETF@seic.com.
Investing involves risk, including the possible loss of principal. There is no guarantee or assurance that the methodology used to create the Index will result in the Fund achieving positive investment returns or outperforming other investment products.
The fund is subject to the risks associated with international investments, which may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic, or political instability in other nations; emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume; and investments in smaller companies typically exhibit higher volatility.
The funds are distributed by SEI Investments Distribution Co, which is not affiliated with Democracy Investment Management LLC.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.