Welcome to our dedicated page for ERShares NextGen Entrepreneurs ETF news (Ticker: ERSX), a resource for investors and traders seeking the latest updates and insights on ERShares NextGen Entrepreneurs ETF stock.
The ERShares NextGen Entrepreneurs ETF (symbol: ERSX) is a prominent exchange-traded fund under the EntrepreneurShares Series Trust. Managed by Capital Impact Advisors, LLC, an SEC-registered investment advisor, ERSX focuses on publicly traded entrepreneurial companies. Investors can access ERSX through most individual brokerage firms, making it widely available for those interested in entrepreneurial ventures.
Recently, on October 25, 2023, EntrepreneurShares announced that ERSX, along with its counterpart ENTR, will transfer their listing from the New York Stock Exchange (NYSE) to the Nasdaq, effective around November 14, 2023. This strategic move is not expected to require any action from shareholders and will not disrupt the trading of fund shares.
ERSX aims to provide investors with exposure to innovative and dynamic companies that demonstrate strong entrepreneurial characteristics. These companies are often at the forefront of growth and innovation, making ERSX a compelling choice for investors seeking to capitalize on the potential of next-generation entrepreneurs.
However, like all ETFs, ERSX is subject to market risks. It trades like stocks and may experience fluctuations in market value. During periods of market stress, the shares may not readily trade and could be priced at significant discounts. Additionally, brokerage commissions and ETF expenses can reduce overall returns.
Investors should be aware that ERSX employs investment screening criteria, which might limit its universe of acceptable investments compared to other funds. This screening process can make the fund riskier as it may exclude companies that do not meet its specific criteria, and holdings can be sold if they later violate these screens.
For detailed information about the fund's investment objective, risks, charges, and expenses, investors are encouraged to read the prospectus carefully before investing. The prospectus is available on the EntrepreneurShares website at entrepreneurshares.com/investor-resources.