Welcome to our dedicated page for Subversive Decarbonization ETF news (Ticker: DKRB), a resource for investors and traders seeking the latest updates and insights on Subversive Decarbonization ETF stock.
Subversive Decarbonization ETF (symbol: DKRB) is an investment fund managed by Subversive Capital Advisor LLC, a Registered Investment Advisor focused on mission-driven emerging sectors. The ETF aimed to invest in companies that are making significant strides in reducing carbon footprints and developing sustainable energy solutions.
As of March 15, 2024, Subversive Capital Advisor LLC announced the termination and liquidation of the Subversive Decarbonization ETF. This decision was approved by the Board of Trustees of Series Portfolios Trust and will take effect immediately after the close of business on March 28, 2024. The ETF, along with Subversive Food Security ETF (KCAL) and Subversive Mental Health ETF (SANE), will cease operations due to limited domestic investor interest compared to more traditional investment options.
Each Fund's last trading day will be March 27, 2024, and shareholders will have their shares automatically redeemed for cash based on the Fund's net asset value (NAV) after March 28, 2024. Customary brokerage charges may apply to transactions to sell Fund shares. Shareholders are advised to contact their tax advisor regarding the income tax consequences of the liquidation.
Subversive Capital Advisor LLC remains committed to investing in bold and innovative companies that have the potential to shape the future economy. Their investment strategies are designed to support companies that challenge the status quo and explore new possibilities. Subversive Capital Advisor LLC distributes its ETFs through Quasar Distributors, LLC.
Investing in ETFs involves risks, including the possible loss of principal. Shares are bought and sold at market price and may trade at a discount or premium to NAV. It is essential to carefully consider the investment objectives, risks, charges, and expenses outlined in the prospectus before investing. For more information or to obtain a prospectus, please call 877.291.4040.
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