AXS Investments Announces Listing Transfer for the AXS Astoria Inflation Sensitive ETF (PPI) to the Nasdaq Stock Market LLC

BY PR Newswire | ECONOMIC | 08/27/24 04:15 PM EDT

AXS also filed to change PPI's fund name to AXS Astoria Real Assets ETF

NEW YORK, Aug. 27, 2024 /PRNewswire/ -- AXS Investments, provider of ETFs and mutual funds, announced today that, effective October?15, 2024, it will transfer the stock exchange listing for the AXS Astoria Inflation Sensitive ETF to The Nasdaq Stock Market LLC ("Nasdaq") from the New York Stock Exchange ("NYSE") Arca, Inc. In addition, AXS has filed to change the name of the fund to the "AXS Astoria Real Assets ETF," which, if effective, would be concurrent with the transfer to Nasdaq.

AXS is the investment advisor for the Fund, which is a series of Investment Managers Series Trust II (the "Trust"). The Board of Trustees of the Trust approved the transfer at a meeting held on July 24, 2024. The Fund expects to begin trading as a Nasdaq-listed company on October 15, 2024, and its shares will continue to trade under the symbol "PPI."

"The transfer to?Nasdaq will permit the Fund to realize cost savings and facilitate the continued listing of the Fund's shares on a national securities exchange," said Russell Tencer, President of AXS Investments.

About?AXS Investments
AXS Investments?is a leading alternative investment manager providing a diversified family of alternative investments for growth, income and diversification. The firm empowers investors to diversify their portfolios with investments previously available only to the largest institutional and high net worth investors. The investor-friendly AXS funds are time-tested, liquid, transparent and managed by high pedigreed portfolio managers with long and strong track records. For more information, visit www.axsinvestments.com.

Important Risk Information
There are risks involved with investing including the possible loss of principal. Past performance does not guarantee future results. Investors should carefully consider the investment objectives, risks, charges and expenses of any fund before investing.

ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.

Investors should carefully consider the investment objectives, risks, charges and expenses of any fund before investing. To obtain a prospectus containing this and other important information, please click here?to view or download a prospectus online. Read the fund's prospectus carefully before you invest.

Distributed by ALPS Distributors, Inc, which is not affiliated with?AXS Investments. AXI000558

AXS Investments Logo (PRNewsfoto/AXS Investments)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/axs-investments-announces-listing-transfer-for-the-axs-astoria-inflation-sensitive-etf-ppi-to-the-nasdaq-stock-market-llc-302232127.html

SOURCE AXS Investments

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article