Amplify Online Retail ETF (IBUY) Receives 5-Star Overall Morningstar Rating™
Amplify Online Retail ETF (IBUY)
US:NASDAQ Investor Relations:
amplifyetfs.com/ibuy-online-retail-etf
Company Research
Source: Business Wire
Firm’s flagship fund capitalizes on the growth of e-commerce CHICAGO--(BUSINESS WIRE)-- Amplify ETFs announced today that its flagship product, the Amplify Online Retail ETF (NASDAQ: IBUY), has received a 5-Star Overall Morningstar Rating™, based on risk-adjusted returns among 49 Consumer Cyclical Funds (as of 5/31/19). IBUY provides exposure to a globally diverse basket of companies that fall into three online retail categories -- marketplace, travel and merchants -- all of which must generate 70% of revenue from online or virtual sales. “IBUY’s 5-Star Overall Morningstar Rating™ provides great validation of the fund’s performance and position in investor portfolios,” said Christian Magoon, founder and CEO of Amplify ETFs. “We’re pleased to see online retail businesses growing their market share, even as volatility and store closures continue to disrupt the sector.”
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