Welcome to our dedicated page for Subversive Food Security ETF news (Ticker: KCAL), a resource for investors and traders seeking the latest updates and insights on Subversive Food Security ETF stock.
The Subversive Food Security ETF (KCAL) is an innovative exchange-traded fund managed by Subversive Capital Advisor LLC, a Registered Investment Advisor known for its focus on mission-driven, emerging sectors. The fund aims to address food security concerns by investing in companies that are developing solutions to ensure sustainable and reliable food supply chains. These companies span various industries, including agriculture technology, plant-based foods, and nutritional products.
Recently, Subversive Capital Advisor LLC has announced the termination and liquidation of the Subversive Food Security ETF (KCAL), effective immediately after the close of business on March 28, 2024. This decision was made following the observation that, although gaining international traction, the domestic market interest in these strategies remains limited. The last day of trading for KCAL shares will be March 27, 2024, and shareholders who do not sell their shares by this date will have them automatically redeemed for cash based on the fund's net asset value (NAV). The fund's liquidation will ensure that shareholders receive their remaining proceeds promptly after March 28, 2024.
Subversive Capital Advisor's investment strategies focus on emerging sectors that are anticipated to shape the future economy. The firm prioritizes investments in bold and daring companies that envision groundbreaking opportunities beyond the limitations of today's market. Investors are advised to carefully consider the fund's objectives, risks, charges, and expenses, detailed in the respective prospectuses.
It is crucial to note that investing in any ETF involves risks, including the potential loss of principal. Shares are bought and sold at market price and may trade at a discount or premium to NAV, and are not individually redeemed from the fund. The fund is distributed by Quasar Distributors, LLC.
FAQ
What is Subversive Food Security ETF (KCAL)?
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Are there any tax implications for the liquidation of KCAL?
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