North Shore Indices is an investor-led, index development, business. Their objective is the creation of opportunistic, thematic indices whose construction is overseen by domain experts, not product marketers.
Tim Rotolo is the Founder and CEO of North Shore Indices, Inc as well as Lloyd Harbor Capital Management, LLC. Most recently Tim co-founded Sachem Cove Partners a Uranium focused investment business and Archytas Ventures a cannabis focused investment company.
Tim leads the investment process and is responsible for all activities of the company. Prior to founding LHCM, Tim was a Vice President at Sandalwood Securities, Inc. a $1.25 billion fund of hedge funds focused on distressed, credit and event-driven strategies. Tim was a member of Sandalwood Securities' research team and Investment Committee.
Prior to joining Sandalwood in February 2009, he worked in the Merrill Lynch's Private Banking and Investment Group. Tim received his BA from Tufts University.
Michael Alkin serves as the uranium expert for the North Shore Global Uranium Mining Index development team. Widely regarded as a uranium industry thought leader, Michael Alkin is Chief Investment Officer and Founder of Sachem Cove Partners, LLC*. At Sachem Cove, he leads the entirety of the investment process. He has over 20 years of hedge fund experience on long and short side with extensive short selling experience across many industries. Prior to founding Sachem Cove, among his positions he was an analyst and partner for 7 years at Knott Partners. Before Knott, he worked at Walker Smith Capital, Zweig-DiMenna and Windsor Partners.
*Sachem Cove Partners, LLC has no affiliation with North Shore Indices, Inc. Michael Alkin is not responsible for making investment decisions for any investment vehicles which may be associated with indices created by North Shore Indices, Inc.
Exchange Traded Concepts, LLC serves as the investment advisor. The Fund is distributed by SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA 19456), which is not affiliated with Exchange Traded Concepts, LLC, North Shore Indices, or any affiliates. Check the background of SIDCO on FINRA’s BrokerCheck.
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s full or summary prospectus, which may be obtained by visiting (urnmetf.com). Investors should read it carefully before investing or sending money.
Investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments, investments in smaller companies, and those in commodities typically exhibit higher volatility. Issuers in energy-related industries can be significantly affected by fluctuations in energy prices and supply and demand of energy fuels.
There is no guarantee the fund will achieve its stated objective. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index. The fund is non-diversified.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 PM Eastern time and do not represent the returns you would receive if you traded shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date because there is no bid/ask spread until the fund starts trading.
Commodity prices may be influenced or characterized by unpredictable factors, including high volatility, changes in supply and demand relationships, weather, agriculture, trade, changes in interest rates and monetary and other governmental policies, action and inaction. Uranium Companies may be significantly subject to the effects of competitive pressures in the uranium business and the price of uranium. The price of uranium may be affected by changes in inflation rates, interest rates, monetary policy, economic conditions and political stability. The price of uranium may fluctuate substantially over short periods of time, therefore, the Fund’s share price may be more volatile than other types of investments. In addition, they may also be significantly affected by import controls, worldwide competition, liability for environmental damage, depletion of resources, mandated expenditures for safety and pollution control devices, political and economic conditions in uranium producing and consuming countries, and uranium production levels and costs of production. Demand for nuclear energy may face considerable risk as a result of, among other risks, incidents and accidents, breaches of security, ill-intentioned acts of terrorism, air crashes, natural disasters, equipment malfunctions or mishandling in storage, handling, transportation, treatment or conditioning of substances and nuclear materials.