Inherent Wealth Fund LLC, an ETF sponsor, is announcing the launch of iBET Sports Betting & Gaming (NDAQ IBET)
Inherent Wealth Fund LLC has launched the iBET Sports Betting & Gaming ETF on NASDAQ under the ticker symbol IBET. This fund is the first actively managed ETF focused on the sports betting sector, led by CEO Jeffrey Kamys, who has over 15 years of experience in sports analytics. The launch comes amid increasing legalization of sports betting across the United States, which Kamys believes signals a significant market opportunity. Investors are advised to review the ETF's prospectus for details on investment risks and objectives.
- Launch of the first actively managed sports betting ETF, potentially capturing market interest.
- Led by an experienced CEO with over 15 years in sports analytics.
- Investments are subject to risks related to the competitive and volatile nature of the sports betting industry.
- Potential impacts from illegal or unregulated companies in the sector.
SAN FRANCISCO, Nov. 16, 2021 /PRNewswire/ -- Inherent Wealth Fund LLC, an ETF sponsor focused on thematic and sector-specific investing that appeals specifically to the next generation of investors, including a growing retail community, is announcing the launch of iBET Sports Betting & Gaming (NASDAQ: IBET).
iBET sports betting & gaming ETF is the first and only actively managed sports betting & gaming ETF. Inherent Wealth Fund founder, CEO Jeffrey Kamys is bringing more than 15 years of experience in the fantasy sports, sports analytics, and sports world to manage the fund.
"We're excited about the growth of this industry as more states move toward legalizing sports betting. With the recent announcement and entry of Disney (Walt Disney Co NYSE DIS) into the sports betting arena, we believe it's the green light that sports betting in the United States has arrived both on Main Street & Wall Street." --Jeffrey Kamys
Inherent Wealth Fund LLC is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing that appeals specifically to the next generation of investors, including a growing retail community. To learn more about the company, please visit: www.inherentwealthfund.com.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the iBET ETF please call 1-833-910-2700 or visit the website at https://www.inherentwealthfund.com. Read the prospectus or summary prospectus carefully before investing.
Exchange Traded Funds (ETF) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns
Investing involves risk, including possible loss of principal. Risks include those related to investments in the highly-competitive sports betting industry, including from illegal or unregulated companies. Expansion of sports betting (both regulated and unregulated), including the award of additional licenses or expansion or relocation of existing sports betting companies, and competition from other leisure and entertainment activities, could impact these companies' finances. Small and mid-capitalization companies may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Fund investments are concentrated in an industry or group of industries, and the value of Fund shares may rise and fall more than more diversified funds. Investments in foreign securities involve social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Please see the prospectus for details of these and other risks.
Fund holdings are not recommendations and are subject to change. Please click here for a complete list of fund holdings: https://www.inherentwealthfund.com/etf/ibet-etf-download/
Distributed by Quasar Distributors, LLC.
Jeffrey Kamys
Inherent Wealth Fund LLC
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SOURCE Inherent Wealth Fund
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