With Founder/CEO Greg King at the Helm, REX Embarks on Further Expansion
REX Shares, a leader in the exchange-traded products (ETP) industry, is proud to announce a strategic reorganization that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX Advisers, its registered investment adviser, all under the new umbrella of “REX Financial”. This reorganization is a response to its significant growth over the last few years. Most recently, the firm launched “T-REX” ETFs, gathering over $1 billion in AUM within 8 months. Additionally, the firm’s flagship income-based strategy, covered call ETF “FEPI”, has reached $250 million in AUM within 8 months of launch. The newly formed REX Financial aims to further our expansion and enhance our innovative ETP offerings domestically and globally.
Greg King, Founder of REX Shares, and also the CEO of Osprey Funds, will lead REX Financial as CEO. Scott Acheychek, previously CEO of REX Shares, who oversaw the successful relaunch of REX’s ETF business and an 8-year veteran of the firm, will take on the role of Chief Operating Officer for REX Financial.
Greg King stated, "This new phase in our company's journey underscores our commitment to simplifying our product offerings while amplifying our impact in the industry. We will be expanding internationally, making some key hires, and continuing to invest to expand our US footprint.”
For more information about REX Financial and its comprehensive range of investment solutions, please visit our website at www.rexfin.com
Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the T-REX ETFs please call 844-802-4004 or visit our website at rexshares.com. Read the prospectus and summary prospectus carefully before investing. Investing involves risk. Principal loss is possible.
The REX Shares ETFs are distributed by Foreside Fund Services, LLC
View source version on businesswire.com: https://www.businesswire.com/news/home/20240620626079/en/
Contacts
For media inquiries:
Gregory FCA for REX Shares
rexshares@gregoryfca.com
