Amplify ETFs to Liquidate the Amplify EASI Tactical Growth ETF (EASI)
13 June 2020 - 7:30AM
Amplify ETFs today announced the scheduled liquidation of the
Amplify EASI Tactical Growth ETF (NYSE Arca: EASI) (the “Fund”).
Based upon the recommendation of Amplify Investments LLC, the
Fund’s investment adviser, the Board of Trustees of the Amplify ETF
Trust unanimously determined that it was in the best interests of
the Fund and its shareholders to liquidate the Fund.
The Fund will no longer accept creation or redemption orders
after the close of business on July 2, 2020. Trading in shares of
the Fund will be halted prior to market open on July 6, 2020.
Shareholders may sell their shares in the Fund on NYSE Arca until
market close on July 2, 2020. Customary brokerage charges may apply
to these transactions.
The final distribution to shareholders of the Fund is expected
to occur on or around July 9, 2020. Any person holding shares in
the Fund as of the liquidation date will receive a cash redemption
amount equal to the net asset value of their shares as of that
date. Shareholders generally will recognize a capital gain or loss
on any redemption.
For additional information about the liquidation, shareholders
of the Fund may visit https://amplifyetfs.com/easi, or call
855-267-3837.
About Amplify ETFsAmplify ETFs, sponsored by
Amplify Investments, has over $1 billion in assets across its suite
of ETFs (as of 5/31/2020). Amplify believes the ETF structure
empowers investors through efficiency, transparency and
flexibility. Since its first ETF launch in 2016, Amplify has sought
to build ETFs powered by investment strategies from leading index
providers and asset managers within unique market segments.
ContactsSales Contact:Amplify ETFs855-
267-3837info@amplifyetfs.com
Media Contact:Gregory FCA for Amplify ETFsKerry Davis,
610-228-2098amplifyetfs@gregoryfca.com
Carefully consider the Fund’s investment objectives,
risk factors, charges and expenses before investing. This and
additional information can be found in the Fund’s statutory and
summary prospectus, which may be obtained by calling 855-267-3837
or by visiting AmplifyETFs.com. Read the prospectus carefully
before investing.
Investing involves risk, including the possible loss of
principal.
Amplify ETFs are distributed by Foreside Fund Services, LLC.
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