NEW YORK, NY -- REX Shares, LLC (REX) proudly announced that their MicroSectors suite of Leveraged and Inverse ETNs issued by Bank of Montreal (BMO) was named the winner of the ‘Best Alternative Provider’ category at the ETF Express’s 2019 USA Awards.
This award is given to the most successful ETF provider/company as determined by a combination of several elements, such as flows, performance, innovation and fund objectives. ETF Express partnered with Algo-Chain, to pre-select managers based on their performance over the previous 12 months. The winners were then decided via a rigorous reader-choice online poll carried out over ten weeks. The winners in all categories were those who attracted the most votes from ETF Express readers.
“We are excited to see our MicroSectors brand gain such recognition. Thank you to ETF Express for including us in this category. We encourage everyone to simply compare our indices versus the typical benchmarks, and the feedback on that has been amazing,” said Scott Acheychek, President of REX. “I expect more sophisticated sector traders to utilize our products. We are constantly looking to expand our suite of MicroSectors exchange-traded products to offer investors strategic ways to target specific exposures like we have done with Big U.S. Banks, Big Oil, FANG+, and MLPs.”
MicroSectors provides concentrated exposure to investable market segments that heavily influence many investor portfolios. Developed as trading and hedging instruments, MicroSectors give sophisticated investors specified exposures to popular niches of the market. More info on MicroSectors can be found here.
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REX launched the MicroSectors™ brand in 2018. MicroSectors provides concentrated exposure to investable market segments that heavily influence many investor portfolios such as FANG+, Big Oil, Big Banks, and MLPs.
Important disclosure and additional information can be found here: https://www.microsectors.com/