ISWN

ISWN Logo
ISWN Logo
Amplify BlackSwan ISWN
ETF (International)
Manage international equity risk while staying invested

Fund Details

Data as of: N/A
Ticker ISWN
Inception 1/26/2021
Primary Exchange NYSE Arca
CUSIP 032108821
Net Assets N/A
Shares Outstanding N/A
# of Holdings N/A
Expense Ratio: N/A

Fund Characteristics

Weighted Avg. Market Cap N/A
Price-to-earnings N/A
Price-to-book N/A
Standard deviation N/A

Standard deviation measures how dispersed returns are around the average. A higher standard deviation indicates that returns are spread out over a larger range of values and thus, more volatile.

Index Details

Index Name S-Network International BlackSwan Index
Index Ticker ISWNXT
Index Provider S-Network Global Indexes
Rebalance Frequency Semi-Annual (Jun & Dec)
Index Website snetworkglobalindexes.com

Fund Documents

Why Invest in ISWN?

  • Participation in MSCI EAFE returns while seeking to protect against significant losses.
  • Core International Equity Strategy strategy that seeks to mitigate the effects of volatility.
  • Low cost, index-based portfolio.

Objective and Strategy

ISWN seeks investment results that correspond to the S-Network International BlackSwan Index (the Index). The Index’s investment strategy seeks exposure to the MSCI EAFE (with no artificial cap), while also protecting against significant losses. Approximately 90% of ISWN is invested in U.S. Treasury securities, and approximately 10% is invested in EFA LEAP options in the form of in-the-money calls.

NAV and Market Price

Data as of: N/A
Previous Day's NAV Previous Day's Market Price
Net Asset Value N/A Closing Price N/A
Daily Change N/A Daily Change N/A
% Daily Change N/A % Daily Change N/A
30-Day Median Bid/Ask Spread N/A Premium/Discount % N/A
Premium Discount History

Daily Price/NAV Performance

Data as of: N/A
 

Fund Holdings

Data as of: N/A
TOP 10 HOLDINGS

Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.

Market Capitalization

Data as of: N/A
LARGE CAP (> $10B): N/A
MID CAP ($2B - $10B): N/A
SMALL CAP ($300M - < $2B): N/A
MICRO CAP (<$300M):

Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.

Performance

  CUMULATIVE (%) ANNUALIZED (%)
  1 Mo. 3 Mo. 6 Mo. YTD Since Inception
(1/26/21)
1 Yr. Since Inception
(1/26/21)
Month end as of TBD
Fund NAV N/A N/A N/A N/A N/A N/A N/A
Closing Price N/A N/A N/A N/A N/A N/A N/A
S-Network International BlackSwan Index N/A N/A N/A N/A N/A N/A N/A
MSCI EAFE Net TR Index N/A N/A N/A N/A N/A N/A N/A
Quarter end as of TBD
Fund NAV N/A N/A N/A N/A N/A N/A N/A
Closing Price N/A N/A N/A N/A N/A N/A N/A
S-Network International BlackSwan Index N/A N/A N/A N/A N/A N/A N/A
MSCI EAFE Net TR Index N/A N/A N/A N/A N/A N/A N/A

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Brokerage commissions will reduce returns.

The MSCI EAFE Net TR Index (Europe, Australasia, Far East) is a free float‐adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the U.S. & Canada.

The Amplify BlackSwan ISWN ETF investment objective and strategy differs substantially from the MSCI EAFE Net TR Index, which is used for comparison purposes as a widely recognized measure of international stock market performance. While the returns of ISWN have exhibited positive (but varying) correlation to the index over time, ISWN may invest in different stocks and in different proportions than in the MSCI EAFE Net TR Index.

Premium/Discount

Data as of: N/A
 

The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund's daily net asset value ("NAV"). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.

This is your Counts mockup

Calendar Year Calendar Year through
Days traded at premium N/A N/A
Days traded at net asset value N/A N/A
Days traded at discount N/A N/A

ISWN Distributions

EX-DATERECORD DATEPAYABLE DATEAMOUNT

2021

2022

3/29/223/30/223/31/22$0.04268
6/28/226/29/226/30/22
9/28/229/29/229/30/22
12/28/2212/29/2212/30/22

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. The Fund is not actively managed. The Fund invests in securities included in its Index regardless of their investment merit.

The Fund’s return may not match or achieve a high degree of correlation with the return of the underlying Index. To the extent the Fund utilizes a sampling approach, it may experience tracking error to a greater extent than if the Fund had sought to replicate the Index. The use of derivative instruments, such as options contracts, can lead to losses because of adverse movements in the price or value of the underlying asset, index or rate, which may be magnified by certain features of the derivatives. Investing in options, including LEAP Options, and other instruments with option-type elements may increase the volatility and/or transaction expenses of the Fund. An option may expire without value, resulting in a loss of the Fund’s initial investment and may be less liquid and more volatile than an investment in the underlying securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund.

The Fund’s investments in options contracts will primarily be long-term equity anticipation securities known as LEAP Options. LEAP Options are long-term exchange-traded call options that allow holders the opportunity to participate in the underlying securities’ appreciation in excess of a specified strike price without receiving payments equivalent to any cash dividends declared on the underlying securities.

Call options are financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity or other asset or instrument at a specified price within a specific time period. The stock, bond, or commodity is called the underlying asset. A call buyer profits when the underlying asset increases in price. An “in-the-money” call option contract is an option contract with a strike price that is below the current price of the underlying reference asset.

The S-Network International BlackSwan Index (Ticker: ISWNXT) holds U.S. Treasury securities and EFA LEAP Options. On each rebalancing date, the Index targets 90% of its index market capitalization in U.S. Treasury securities and 10% of its index market capitalization in EFA LEAP Options. The weighting of U.S. Treasury securities is determined by the option reconstitution schedule. ISWNXT is a trademark of the Index Provider and has been licensed for use for certain purposes by the Adviser. The Index Provider is not affiliated with the Trust, the Adviser, either Sub-Adviser or the Distributor. The Fund is entitled to use the Index pursuant to a sub-licensing agreement with the Adviser. It is not possible to directly invest in an index.

Amplify Investments LLC is the Investment Adviser to the Fund, and ARGI Investment Services, LLC and Toroso Investments, LLC serve as the Investment Sub-Advisers.

Amplify ETFs are distributed by Foreside Fund Services, LLC.

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