GIF – New fund-of-funds delivering weekly income across REX's complete Growth & Income suite in a single ticker
REX Shares ("REX"), a leading innovator in alternative ETFs, today announced the launch of the REX Growth & Income Universe ETF (Cboe: GIF), a fund-of-funds ETF designed to deliver weekly income distributions through equal-weighted exposure to all nine REX Growth & Income ETFs.
GIF holds REX's full Growth & Income lineup:
- NVII – REX NVDA Growth & Income ETF (Nvidia)
- TSII – REX TSLA Growth & Income ETF (Tesla)
- MSII – REX MSTR Growth & Income ETF (Strategy)
- COII – REX COIN Growth & Income ETF (Coinbase)
- HOII – REX HOOD Growth & Income ETF (Robinhood)
- PLTI – REX PLTR Growth & Income ETF (Palantir)
- CWII – REX CRWV Growth & Income ETF (CoreWeave)
- LLII – REX LLY Growth & Income ETF (Eli Lilly)
- WMTI – REX WMT Growth & Income ETF (Walmart)
Each underlying ETF targets approximately 1.25x notional equity exposure to its underlying security and writes covered calls on roughly half the portfolio to generate option premium income, while the remaining allocation seeks to preserve participation in equity upside. By combining all nine strategies into a single equal-weighted vehicle, GIF offers investors diversified access to weekly income across crypto, tech, AI, healthcare, and retail — through one ticker.
"Investors are increasingly seeking high yield income solutions that also offer the potential for equity appreciation, and our Growth & Income strategies were built with that goal in mind," said Greg King, CEO & Founder of REX Financial. "GIF brings all our strategies together in a single ETF, offering a streamlined and more diversified way to access the full REX Growth & Income suite."
With nine single-name covered call strategies in one equal-weighted ETF, GIF is designed to offer diversified weekly income and equity upside participation across some of the market's most in-demand names. For more information about the REX Growth & Income Universe ETF (GIF) and the full REX Growth & Income ETF suite, visit www.rexshares.com.
About REX
REX Shares offers a suite of exchange-traded products built for both active traders and long-term investors, spanning income, crypto, thematic, and leveraged strategies. Whether making short-term trades, generating income from volatility, or investing in digital assets and emerging themes like drones, REX empowers investors to act on strong market views.
Important Risks
Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the REX ETFs please call 1-844-802-4004 or visit our website at www.rexshares.com. Read the prospectus and summary prospectus carefully before investing.
An investment in the Fund entails risk. The Fund may not achieve its leveraged investment objective and there is a risk that you could lose all of your money invested in the Fund. In addition, the Fund presents risks not traditionally associated with other mutual funds and ETFs. It is important that investors closely review all of the risks listed below and understand them before making an investment in the Fund.
Underlying Leveraged ETFs Risk. The Fund’s investment in shares of the Underlying Leveraged ETFs subjects it to the risks of owning the securities held by the Underlying Leveraged ETFs, as well as the same structural risks faced by an investor purchasing shares of the Underlying Leveraged ETFs, including absence of an active market risk, premium/discount risk and trading issues risk. As a shareholder in other ETFs, the Fund bears its proportionate share of each ETF’s expenses, subjecting Fund shareholders to duplicative expenses.
Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation, and legal restrictions. The use of derivatives is a highly specialized activity that involves investment techniques and risks different from those associated with ordinary portfolio securities transactions. The use of derivatives may result in larger losses or smaller gains than directly investing in securities. When the Fund uses derivatives, there may be imperfect correlation between the value of the underlying instrument and the derivative, which may prevent the Fund from achieving its investment objective. Because derivatives often require only a limited initial investment, the use of derivatives may expose the Fund to losses in excess of those amounts initially invested. In addition, the Fund’s investments in derivatives are subject to the following risks:
Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the options contract and economic events. For the Fund in particular, the values of the options contracts in which it invests are substantially influenced by the values of the underlying instruments. The Fund may experience substantial downside from specific option positions and certain option positions held by the Fund may expire worthless. The options held by the Fund are exercisable at the strike price on their expiration date. As an option approaches its expiration date, its value typically increasingly moves with the value of the underlying instrument. However, prior to expiry, the value of an option generally does not increase or decrease at the same rate as the underlying instrument. There may at times be an imperfect correlation between the movement in values options contracts and the underlying instrument, and there may at times not be a liquid secondary market for certain options contracts. The value of the options held by the Fund will be determined based on market quotations or other recognized pricing methods. As the options contracts are exercised or expire the Fund will enter into new options contracts, a practice referred to as rolling.
Covered Call Options Risk. A covered call strategy involves writing (selling) covered call options in return for the receipt of premiums. The seller of the option gives up the opportunity to benefit from price increases in the underlying instrument above the exercise price of the options but continues to bear the risk of underlying instrument price declines. The premiums received from the options may not be sufficient to offset any losses sustained from underlying instrument price declines over time. As a result, the risks associated with writing covered call options may be similar to the risks associated with writing put options. Exchanges may suspend the trading of options during periods of abnormal market volatility. Suspension of trading may mean that an option seller is unable to sell options at a time that may be desirable or advantageous to do so.
Put Options Risk. Purchasing and writing put options are highly specialized activities and entail greater than ordinary investment risks. The Fund may not fully benefit from or may lose money on an option if changes in its value do not correspond as anticipated to changes in the value of the underlying securities. The risk associated with selling a put option is that the market value of the underlying security could decrease and the option could be exercised, obligating the seller of the put option to settle the transaction at an exercise price that is higher than the prevailing market price. If the Fund is not able to sell an option held in its portfolio, it would have to exercise the option to realize any profit and would incur transaction costs upon the purchase or sale of the underlying securities. Ownership of options involves the payment of premiums, which may adversely affect the Fund’s performance. To the extent that the Fund invests in over-the-counter options, the Fund may be exposed to counterparty risk. A long put option gives the purchaser of the option the right to sell a specified quantity of an underlying asset at a fixed exercise price over a defined period of time. Purchased put options may expire worthless and the Fund would lose the premium it paid for the option.
Swap Agreements. The Fund may utilize swap agreements to derive its exposure to shares of the underlying reference asset. Swap agreements may involve greater risks than direct investment in securities as they may be leveraged and are subject to credit risk, counterparty risk and valuation risk. A swap agreement could result in losses if the underlying reference asset does not perform as anticipated. In addition, many swap agreements trade over-the-counter and may be considered illiquid. It may not be possible for the Fund to liquidate a swap position at an advantageous time or price, which may result in significant losses.
Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution at any given time. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next. Additionally, the distributions, if any, may consist of returns of capital, which would decrease the Fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment.
New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.
Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Funds’ investment advisor.
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Contacts
For media inquiries, please contact:
Gregory for REX — rexfin@gregoryagency.com