Funds are expected to liquidate on or about May 24, 2023

MINNEAPOLIS, MN, UNITED STATES, May 11, 2023/EINPresswire.com/ -- Princeton Fund Advisors, LLC announced today the upcoming liquidation of two exchange-traded funds, for which it serves as the investment adviser: Alpha Intelligent – Large Cap Value ETF (AILV) and Alpha Intelligent - Large Cap Growth ETF (AILG) (each, a “Fund”, and together, the “Funds”).

Accordingly, the Funds are expected to cease operations, liquidate their assets, and distribute the liquidation proceeds to shareholders of record on or about May 24, 2023 (the “Liquidation Date”). Shares of the Funds are listed on the NYSE Arca, Inc.

Beginning on or about April 26, 2023 and continuing through the Liquidation Date, each Fund will liquidate its portfolio assets. As a result, during this period, each Fund will increase its cash holdings and deviate from its investment objective, investment strategies, and investment policies as stated in the Funds’ Prospectus and SAI.

The Funds will no longer accept orders for new creation units after the close of business on the business day prior to the Liquidation Date, and trading in shares of the Funds will be halted prior to market open on the Liquidation Date. Prior to the Liquidation Date, shareholders may only be able to sell their shares to certain broker-dealers, and there is no assurance that there will be a market for the Funds’ shares during that time period. Customary brokerage charges may apply to such transactions.

If no action is taken by a Fund’s shareholder prior to the Liquidation Date, the Fund will distribute to such shareholder, on or promptly after the Liquidation Date, a liquidating cash distribution equal to the net asset value of the shareholder’s Fund shares as of the close of business on the Liquidation Date. This amount will include any accrued capital gains and dividends. Shareholders remaining in a Fund on the Liquidation Date will not be charged any transaction fees by the Fund. The liquidating cash distribution to shareholders will be treated as payment in exchange for their shares. The liquidation of your shares may be treated as a taxable event. Shareholders should contact their tax adviser to discuss the income tax consequences of the liquidation.

Shareholders can call 1-800-617-0004 for additional information.


About Princeton Fund Advisors
Princeton Fund Advisors, LLC (PFA) provides investment advisory services to a variety of mutual funds, closed-end funds, and discretionary portfolio management services to individuals and institutional investors through a wide network of investment firms. PFA, together with their affiliates, advises on nearly $3 billion of assets (as of 12/31/2022).

Before investing you should carefully consider the ETF's investment objectives, risks, charges and expenses. This and other information is in the prospectus. A prospectus may be obtained by clicking here. Please read the prospectus carefully before you invest.

The prices of growth stocks are based largely on projections of the issuer’s future earnings and revenues. If a company’s earnings or revenues fall short of expectations, its stock price may fall dramatically. Growth stocks may be volatile and may also be more expensive, relative to their earnings or assets, compared to value or other stocks. Investments in value stocks present the risk that a stock may decline in value or never reach the value the adviser believes is its full market value. In addition, the Fund’s value investment style may go out of favor with investors during certain parts of the market cycle, which may negatively affect the Fund’s performance.

Alpha Intelligent ETFs are distributed by Foreside Fund Services, LLC.

Greg Swoverland
Mount Yale Capital Group
+1 952-567-2764
email us here

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