Greenwich, CT. June 17, 2021- Renaissance Capital, a leading provider of institutional research and IPO ETFs, announced the cross listing of their Renaissance IPO ETF (Ticker: IPO) and their Renaissance International IPO ETF (Ticker: IPOS) in Peru on The Lima Stock Exchange, Bolsa de Valores de Lima (BVL).
These listings will enable Peruvian investors to invest in the Renaissance IPO ETF (Ticker: IPO) which was launched in the U.S. in October 2013 to provide access to the largest, most liquid newly-listed U.S. IPOs through an ETF, without investors having to buy IPOs individually and the Renaissance International IPO ETF (Ticker: IPOS) which was launched in the U.S. in October 2014 and is designed to provide investors with efficient exposure to a portfolio of the largest, most liquid newly-listed non-U.S. IPOs.
“We are pleased to make our IPO ETFs available in the vibrant and fast-growing public equity markets of Peru.” says Bill Smith, co-founding principal of Renaissance Capital LLC.
Newly public companies can be difficult for investors to access. These challenges are amplified internationally. The Renaissance IPO ETFs simplify this process and make these companies more accessible than ever before.
For more information on The Lima Stock Exchange, please visit www.bvl.com.pe.
About Renaissance Capital
The Renaissance Capital IPO ETFs are designed to provide investors with efficient exposure to a portfolio of newly public companies ahead of their inclusion in core equity portfolios. By tracking the rules-based Renaissance IPO Index, designed by Renaissance Capital research to hold the largest, most liquid newly-listed IPOs, the Renaissance IPO ETFs include the most economically significant newly public companies. Sizable IPOs are added on a fast entry basis and the rest are added during scheduled quarterly reviews. Companies that have been public for two years are removed at the next quarterly review.
To learn more … click here https://www.renaissancecapital.com/IPO-Investing
Contact:
Peg Varani
pvarani@renaissancecapital.com
Renaissance Capital LLC
Greenwich, CT
Important Disclosures
Investments in the Renaissance IPO ETF, symbol "IPO", and the Renaissance International IPO ETF, symbol "IPOS" (the "ETFs") are subject to investment risk, including possible loss of the principal amounts invested. The ETFs invest in companies that have recently completed initial public offerings. These stocks are unseasoned equities lacking trading history, a track record of reporting to investors and widely available research coverage which may result in extreme price volatility. Due to a greater number of IPOs in certain segments, the ETFs may also be subject to information technology and financial sector risk, small and mid-capitalization company risk, and, for the Renaissance International IPO ETF, emerging markets risk. The ETFs may hold securities in the form of Depositary Receipts, REITs, and Partnership Units which have greater risks than common shares. The strategies have high portfolio turnover and securities lending risks. The returns of the ETFs may not match the return of the respective indices. The ETFs are classified as non-diversified investment companies subject to concentration risk.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus and/or summary prospectus with this and other information, please visit www.renaissancecapital.com. Read the prospectus carefully before investing. Foreside Fund Services, LLC, distributor for the ETFs, 1-866-486-6645.
This press release and the information contained herein does not constitute and is not intended to constitute an offer of securities and accordingly should not be construed as such. The ETFs and any other products or services referenced in this press release may not be licensed in all jurisdictions, and unless otherwise indicated, no regulator or government authority has reviewed this press release, or the merits of the products and services referenced herein.
Specifically, the Renaissance ETFs will not be subject to a public offering in Peru and have not been and will not be approved by or registered with the Peruvian Superintendency of Capital Markets (Superintendencia del Mercado de Valores) or The Lima Stock Exchange (Bolsa de Valores de Lima). Accordingly, the Renaissance ETFs may not be offered or sold in Peru except, among other requirements, if such offering is considered a private offer under the securities laws and regulations of Peru. The Renaissance ETFs cannot be offered or sold in Peru or in any other jurisdiction except in compliance with the securities laws thereof. In making an investment decision, institutional investors (as defined by Peruvian law) must rely on their own examination of the terms of the offering of the Renaissance ETFs to determine their ability to invest.
This press release is directed at and intended for institutional investors (as such term is defined in each jurisdiction in which the Renaissance ETFs are marketed). Before acting on any information in this press release, prospective investors should inform themselves of and observe all applicable laws, rules and regulations of any relevant jurisdictions and obtain independent advice if required.