#United States #AlphaMark Advisors #Small Cap ETF #ETF Series Solutions #Ft. Wright

AlphaMark Advisors LLC to Liquidate Small Cap ETF

On December 6, 2024, AlphaMark Advisors LLC announced the closure and liquidation of the AlphaMark Actively Managed Small Cap ETF, as decided by the Board of Trustees of ETF Series Solutions. The decision follows a recommendation from the firm's investment adviser. This significant move will take effect immediately after the market closes on December 27, 2024, marking the end of the Fund's operations.

Key Dates to Remember

Starting December 19, 2024, the Fund will begin to liquidate its portfolio assets. This process is expected to impact the Fund's cash holdings, leading to deviations from the investment objectives and strategies previously outlined in its prospectus. Effective the day before the Liquidation Date, the Fund will not accept any new orders for creation units. Moreover, trading in fund shares will cease prior to the opening of the market on the Liquidation Date, rendering trading activities limited.

During this period, shareholders may have the opportunity to sell shares but only to select broker-dealers. Investors should note that there may not be an active market for selling the Fund's shares after the decision to liquidate, and any transactions may incur customary brokerage fees.

Distribution of Liquidation Proceeds

Upon reaching the Liquidation Date, all assets from the Fund will be liquidated, and the proceeds will be proportionally distributed among all remaining shareholders. These cash distributions are defined as taxable events, and investors should prepare for the potential implications on their capital gains or losses based on their initial investment amounts. The distributions, which will be treated as returns on shares, emphasize the importance of consulting with tax advisors regarding individual circumstances related to this liquidation.

The final net asset value of the Fund, calculated on the Liquidation Date, will take into account any closing costs incurred during the liquidation process. After all distributions have been completed and shareholders have received their proceeds, the Fund will officially terminate its existence.

Investors' Considerations

Investors are urged to carefully assess their investment goals, alongside the associated risks, fees, and expenses before making any investment decisions. Detailed information can be accessed by consulting the Fund's prospectus, found on AlphaMark Advisors' official website. This source provides critical insights into the Fund's operations, its potential risks, and the implications of changes in its status.

In summary, the closure and liquidation of the AlphaMark Actively Managed Small Cap ETF represent a significant moment for investors involved in this fund. It highlights the need for awareness regarding the evolving nature of investment products, the importance of timely decision-making, and the necessity of sound financial advice in navigating such transitions.