NEW YORK, Jan. 26, 2016 (GLOBE NEWSWIRE) -- Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today announced the successfully completed merger of Guggenheim Russell 1000® Equal Weight ETF (EWRI) into Guggenheim S&P 500® Equal Weight ETF (RSP).
In connection with the merger, shareholders of EWRI will receive 0.61652528 shares of RSP for each share of EWRI held, plus a cash amount to be determined. Any fractional shares that result will be paid in cash. This may cause some shareholders to realize gains or losses, which could result in a taxable event.*
For more information, please visit http://www.guggenheiminvestments.com/etf or call 888.WHY.ETFs to speak to a representative.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with $198 billion1 in assets across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 275+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification and attractive long-term results.
*Contact a professional tax advisor about any potential tax implications from this event.
1 Guggenheim Investments total asset figure is as of 12.31.2015. The assets include leverage of $11.976bn for assets under management and $0.487bn for assets for which we provide administrative services. Guggenheim Investments represents the following affiliated investment management businesses: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Real Estate, LLC, Transparent Value Advisors, LLC, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.
Read a fund’s prospectus and summary prospectus (if available) carefully before investing. It contains the fund’s investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at www.guggenheiminvestments.com or call 800.820.0888.
The referenced fund is distributed by Guggenheim Funds Distributors, LLC. Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC (“Guggenheim”), which includes Guggenheim Funds Investment Advisors, LLC ("GFIA"), the investment advisor to the referenced fund. Guggenheim Funds Distributors, LLC is affiliated with Guggenheim and GFIA.
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE
Media Contact Ivy McLemore Guggenheim Partners 212.518.9859 – office 917.809.0725 – mobile Ivy.McLemore@guggenheimpartners.com
Source: Guggenheim Investments