NEW YORK--(BUSINESS WIRE)-- Precidian Investments, a recognized leader in innovative financial products, kicks off 2025 with the launch of four new ADRhedged™ ETFs, bringing its total currency-hedged ETF lineup to seven. These innovative funds provide focused exposure to leading global companies while mitigating currency risk through an integrated currency hedge to deliver potentially greater returns, especially in a strong U.S. dollar environment, than investing solely in these individual securities.

Actively trading on Cboe, the new ADRhedged ETFs launched today include:

• ADRhedged SAP ETF (SAPH): SAP SE, a European multinational software company headquartered in Walldorf, Baden-Württemberg, Germany.
• ADRhedged BP ETF (BPH): BP p.l.c., a British multinational oil and gas “supermajor” based in London, England.
• ADRhedged GSK ETF (GSKH): GSK plc, a global pharmaceutical and biotechnology company focused on vaccines, headquartered in London.
• ADRhedged Novo Nordisk ETF (NVOH): Novo Nordisk A/S, a Danish multinational pharmaceutical leader in the GLP-1 market, based in Bagsværd, Denmark.

“A balanced portfolio should include exposure to non-U.S. companies, yet many investors may not realize how significant currency fluctuations can impact returns,” said Stuart Thomas, Founding Principal at Precidian Investments. “By embedding a currency hedge in our ADRhedged ETFs, we’re providing a smarter, more streamlined way to access global leaders without the added complexity of managing exchange-rate risk. Our goal is to empower U.S. investors to participate in the growth of international markets in a manner that enables them to mitigate the risk associated with the currency exposure inherent in traditional means of international investing.”

Each Precidian ADRhedged ETF leverages the simplicity and convenience of ADR (American Depositary Receipt) trading, while systematically aiming to mitigate the associated currency risk that comes with investing in international names. To achieve this, Precidian has engaged leading services providers, including CIBC, a leading North American bank which successfully delivered similar products to Canadian investors, and serves as a subadvisor overseeing the currency hedge mechanism as well as BNY Mellon, which serves as the custodian, and GTS, delivering market making services.

“These new ETFs provide exposure to some of the largest, most widely held international companies among U.S. investors,” said Dan McCabe, Chief Executive Officer at Precidian Investments. “With several economic tailwinds pointing toward a strong U.S. dollar in the near future, we believe it’s more important than ever to consider hedging currency risk, whether it be the Euro, Yen or Krone, and further believe our ETF lineup presents the simplest way to achieve this.”

“Today’s launch of these ADRhedged ETFs carries special significance as we remember Julio Lugo, who was not only a trusted colleague and friend, but a true pioneer in the expansion of ADRs, and a trailblazer for this innovative solution,” said Reggie Browne, Principal of GTS. “Julio was a trusted partner by those in the industry including GTS, Precidian and so many more. GTS is honored to support these products, and their launch is a reflection of the past decade of work Julio and others committed to building smarter ways for investors to access global equities.”

The four new ETFs join Precidian’s existing ADRhedged lineup with also include the AstraZeneca ADRhedged ETF (AZNH), HSBC Holding ADRhedged ETF (HSBH) and Shell ADRhedged ETF (SHEH), also available on Cboe. Precidian intends to further expand its ADRhedged lineup in 2025 with the potential for at least a dozen more funds to be launched.

To learn more about Precidian and its ADRhedged lineup visit: https://adrhedged.com/

About Precidian
Precidian Investments® is an industry leader in the creation of innovative financial products, specializing in exchange-traded fund (ETF) and mutual fund development, and associated trading and pricing technologies.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (844) 954-5333 or visit our website at www.adrhedged.com. Read the prospectus or summary prospectus carefully before investing. As with any investment, you could lose all or part of your investment in the Series, and the Series performance could trail that of other investments.

Market Risk. The prices of the securities in the Series are subject to the risk associated with investing in the stock market, including sudden and unpredictable drops in value. An investment in the Series may lose money.

Currency Hedging Risk. Because changes in foreign currency exchange rates affect the value of ADRs, the Series enters into the Currency Hedge Contract in order to seek to minimize the impact of fluctuations in the exchange rate between the U.S. dollar and the Local Currency. While this approach is designed to minimize the impact of currency fluctuations on Series returns, it does not necessarily eliminate the Series exposure to the Local Currency. Currency hedges are sometimes subject to imperfect matching between the Currency Hedge Contract and the currencies that the contract intends to hedge, and there can be no assurance that the Currency Hedge Contract will be effective. The return of the Currency Hedge Contract will not perfectly offset the actual fluctuations between the Local Currency and the U.S.

Currency Swap Risk. In order to hedge currency risk, the Series enters into a Currency Hedge Contract. The Currency Hedge Contract is subject to market risk, risk of default by the other party to the transaction, known as “counterparty risk,” and risk of imperfect correlation between profit or loss on the Currency Hedge Contract and the underlying currency exchange rate

Issuer Concentration Risk. Because the Series only invests in the ADRs of the Company and the Currency Hedge Contract, the Series may be adversely affected by the performance of the Company, subject to increased price volatility and more susceptible to adverse economic, market, political or regulatory occurrences affecting the Company or industry.

Foreign Market Risk. Because non-U.S. exchanges may be open on days when the Series does not price its Shares, the value of the underlying securities of the ADRs in the Series portfolio may change on days when Shareholders will not be able to purchase or sell the Series Shares, regardless of whether there is an active U.S. market for Shares.

Non-Diversification Risk. The Series is non-diversified and holds Portfolio Securities of only one particular issuer. As a result, the Series may have greater volatility than other diversified funds

Management Risk. The Series is subject to the risk that the Manager’s investment management strategy, the implementation of which is subject to a number of constraints, may not produce the intended results.

New Series Risk. As of the date of this prospectus, the Series has no operating history and currently has fewer assets than larger funds. Like other new funds, large inflows and outflows may impact the Series market exposure for limited periods of time. This impact maybe positive or negative, depending on the direction of market movement during the period affected.

Distributor: Foreside Fund Services, LLC

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