Tuttle Capital Short Innovation ETF Launches on Nasdaq

Rhea-AI Summary

The Tuttle Capital Short Innovation ETF (Nasdaq: SARK) has begun trading on the Nasdaq, providing investors with the opportunity to profit from a decline in disruptive companies, including those in electric vehicles and genomics. This actively managed ETF seeks to achieve -1x the return of the ARK Innovation ETF (NYSE Arca: ARKK) for a single day. CEO Matthew Tuttle indicates that investors are cautious about high valuations in unprofitable sectors. SARK offers one-ticker access for investors seeking to hedge against high-growth stocks.

Positive

• SARK provides a unique opportunity for investors to profit from a downturn in disruptive sectors.
• The ETF offers convenient one-ticker access for shorting strategic sectors, which could attract a diverse investor base.
• Active management of the fund could lead to more dynamic responses to market conditions.

Negative

• Investors face risks associated with inverse instruments which may not always perform as expected.
• Potential loss of principal is highlighted, emphasizing the investment risks involved.

Fund Offers Inverse Exposure to a Portfolio of Disruptive Companies

NEW YORK--(BUSINESS WIRE)-- The Tuttle Capital Short Innovation ETF (Nasdaq: SARK) will start trading on the Nasdaq today. This distinctive exposure allows investors to potentially profit from a decline in a portfolio of companies involved in disruptive industries such as electric vehicles, next-gen internet, genomics and fintech.

SARK offers investors of all sizes and types convenient “one-ticker” access to a short vehicle that may otherwise be difficult to execute on their own. SARK is an actively managed exchange traded fund that attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF (NYSE Arca: ARKK) for a single day, not for any other period.

“Many investors with whom we speak, including financial advisors, are cautious on current valuations for unprofitable innovative companies,” says Matthew Tuttle, Chief Executive Officer and Chief Investment Officer of Tuttle Capital Management LLC (“TCM”), who serves as the Adviser to SARK. “Whether you believe that the current bull thesis for transformational industries is stretched, or you are looking to provide protection to an existing portfolio of high-growth stocks, SARK is a potentially attractive opportunity worth exploring.”

For more information, please visit SARKetf.com

About Tuttle Capital Management

TCM is an industry leader in offering thematic ETFs that utilize informed agility to manage portfolios in a more dynamic manner. Its current flagship product is The SPAC and New Issue ETF (NYSE Arca: SPCX), the first actively-managed ETF focused on pre-deal Special Purpose Acquisition Companies (SPACs). As of September 30, 2021, TCM managed 9 strategies with AUM of $140 million. Please visit www.tuttlecap.com for more information.

The Tuttle Capital Short Innovation ETF, the Collaborative Investment Series trust, and Tuttle Capital Management, LLC are not affiliated with the ARK ETF Trust, The ARK Innovation ETF, or ARK Investment Management LLC.

There is no guarantee that this, or any investment strategy will succeed. Shares of these ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Tuttle Capital Short Innovation ETF. This and other important information about the Fund are contained in the prospectus, which can be obtained SARKetf.com or by calling 866-904-0406. The prospectus should be read carefully before investing.

Investing involves risk, including the potential loss of principal.

The use of inverse instruments may expose the Fund to additional risks that it would not be subject to if it invested only in "long" positions.

Trading derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities.

Distributor: Foreside Fund Services, LLC

View source version on businesswire.com: https://www.businesswire.com/news/home/20211109005657/en/

Media:

Morgan Polley

Gregory FCA

(610) 228-2140

morgan@gergoryfca.com

Source: Tuttle Capital Management

FAQ

What does the Tuttle Capital Short Innovation ETF (SARK) do?

SARK allows investors to gain inverse exposure to disruptive companies, aiming for -1x return of the ARK Innovation ETF (ARKK) for a single day.

Why is SARK a good investment option?

SARK is appealing for investors who believe current valuations for unprofitable innovative companies are too high or who want to hedge existing high-growth portfolios.

When did SARK start trading on the Nasdaq?

The Tuttle Capital Short Innovation ETF began trading on the Nasdaq on the same day as the announcement.

What are the risks associated with investing in SARK?

Investing in SARK involves risks including the potential loss of principal and challenges associated with inverse instruments.

What is the relationship between SARK and ARKK?

SARK aims to provide inverse exposure to the ARK Innovation ETF (ARKK), focusing on a portfolio of companies in disruptive industries.