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ETF Trends and Direxion Release Results of Money Advisors Study

NEW YORK, Dec. 17, 2020 /PRNewswire/ — Direxion, a foremost service provider of leveraged and thematic ETFs, and ETF Developments, a main resource in trade-traded fund market coverage, right now unveiled the findings of the ETF Trends/Direxion ‘Work from Home’ Money Advisor Survey.

Carried out in Oct 2020, the ETF Traits/Direxion Do the job From Dwelling Advisor Survey explored multiple elements of doing the job remotely all through the COVID-19 pandemic and how the new do the job environment produced for the duration of COVID-19 pandemic has been influencing fiscal advisors and the ETF industry. The study also supplied a improved knowledge of the extended-phrase impacts of this secular shift on the advisor marketplace.

Crucial results bundled:

  • Even with the extensive the greater part of advisors not functioning remotely prior to Covid-19, 83% of surveyed advisors reported they would like to get the job done at minimum 1 working day a 7 days from dwelling forever. 43% of advisors would like to do the job at the very least 3 days a 7 days from residence completely.
  • 64% of surveyed explained their relationships with shoppers have not altered owing to working from household. 18% explained their shopper associations strengthened.
  • 78% of surveyed said that they experience that their operate from dwelling productiveness is Fantastic or Exceptional.
  • 52% of surveyed ongoing to say they dependable ETF industry web sites for their key source for ETF exploration. 85% experienced attended a virtual occasion, with 45% saying they had amplified their reliance on webcasts.

The U.S. economic system underwent the most radical transformation because the fantastic melancholy around the program of a few limited months in March. Nearly overnight, complete industries were being transformed from in-office environment, in-particular person affairs to remote-only. To much better understand the prolonged-phrase impacts of this secular shift on the advisor marketplace, the survey questioned approximately 2,200 fiscal advisors inquiries relating to the shift in clients’ portfolios, how it affected monetary advisors, and the ETF marketplace, brought on by the pandemic. Study respondents incorporated Asset Gatherers, Portfolio Professionals, and Business Management, with 55% saying that their shopper portfolios are 1-40% ETFs, with a different 35% reporting applying ETFs for far more than 40% of their shopper belongings.

“With the majority of the marketplace performing from dwelling, these results are vital to the reopening, administration, and advertising and marketing techniques for corporations transferring into the new 12 months,” stated ETF Tendencies CIO & Director of Study, Dave Nadig. “The pandemic has accelerated already existing tendencies in the advisor business enterprise and it shows, with 45% of advisors stating they’ve improved their utilization of ETF issuer webcasts. With out any big changes on the horizon, we foresee the ETF and advisor markets to continue their migration to electronic distribution above the future calendar year.”

“The change in the wide overall economy in the direction of perform-from-household early in the year was swift,” remembers Rob Nestor, President at Direxion. “We observed the craze in our personal organization strongly more than enough to make new solutions to take edge of that shift,” he continued, referring to Direxion’s Operate From Dwelling ETF ( WFH ) launch previously in 2020. “We had been curious to see how it was influencing the advisory enterprise as perfectly. The results from the study evidently exhibit that Advisors are being extremely helpful in this transformed ecosystem, and leaning in to the tools and sources that assist them do their work with out going to the office environment.”

Full conclusions from the survey are available listed here.

About ETF Developments

ETF Traits is a trustworthy supply of ETF market information, insight and analysis to continue to keep traders a action ahead in today’s investing earth. Its editorial crew and seasoned contributors continue to be on best of the newest trends in the U.S. and overseas to teach financial advisors and self-directed traders. From new ETF launches to content articles on equities, preset profits, and alternate options, ETF Tendencies is a huge-ranging economical publication masking every single aspect of the ETF universe and is the sister organization to ETF Database, the world’s major unbiased, ETF-centric electronic asset for modern day financial advisors, economical gurus and subtle persons. For more facts, take a look at www.etftrends.com and www.etfdb.com . For press inquireies, be sure to get in touch with Dave Nadig, ETF Flows, [email protected]

About Direxion:

Direxion equips buyers who are pushed by conviction with ETF solutions developed for purpose and high-quality-tuned for precision. These alternatives are offered for a wide spectrum of buyers, irrespective of whether executing brief-phrase tactical trades, investing in macro themes, or creating prolonged-term asset allocation tactics. Direxion’s standing is established on acquiring goods that precisely categorical industry views and make it possible for buyers to handle their hazard exposure. Founded in 1997, the organization has roughly $16.7 billion in assets underneath management as of September 30, 2020. For far more information, please visit www.direxion.com.

There is no assure that the Money will obtain their expenditure goals, that forecasted industry growth will be reached, or that the securities in MOON’s portfolio will benefit from market place development charges.

For much more facts on all Direxion Shares each day leveraged ETFs, go to direxion.com, or phone us at 866.476.7523.

An trader should really meticulously take into consideration a Fund’s expenditure aim, hazards, charges, and expenses before investing. A Fund’s prospectus and summary prospectus have this and other info about the Direxion Shares. To get hold of a Fund’s prospectus and summary prospectus simply call 866-716-0735 or pay a visit to our internet site at direxion.com. A Fund’s prospectus and summary prospectus must be browse cautiously right before investing.

Direxion Shares Pitfalls – Investing requires danger together with achievable loss of principal. There is no assure the financial commitment method will be successful. The value of stocks of information know-how firms and organizations that rely greatly on innovation and technologies are specifically susceptible to swift adjustments in technological know-how products cycles, swift merchandise obsolescence, government regulation and opposition, both domestically and internationally, together with level of competition from opponents with decreased manufacturing expenses. Revolutionary technological know-how providers may perhaps wrestle to capitalize on new technologies or might face competitiveness and obsolescence. Supplemental pitfalls of the Fund include, but are not confined to, Index Correlation/Monitoring Hazard, Index Technique Threat, Marketplace Disruption Hazard, and hazards affiliated with the sector capitalizations of the securities in which the Fund may possibly make investments. Be sure to see the summary and whole prospectuses for a far more comprehensive description of these and other challenges of the Fund.
[1] BofA International Investigation (2019): “Eureka! Potential Tech Primer”

Distributor: Foreside Fund Services, LLC.

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