PRINCETON, N.J., Sept. 13, 2011 (GLOBE NEWSWIRE) -- Javelin Investment Management has announced that the last day of trading in its JETS Contrarian Opportunities Index Fund (NYSE Arca:JCO) will be September 29, 2011. The fund failed to attract sufficient assets and investor interest.
"With many investors looking for new investing tools, we believe that contrarian and other investment styles will eventually be well represented in the ETF market," says Javelin president and founder Brint Frith. "We look forward to building on our experience."
Shareholders who do not sell their Fund shares by September 29, 2011 will have their shares automatically redeemed on October 11, 2011, the Fund's last day of operations.
An investment in the JETS Contrarian Opportunities Index Fund is subject to investment risk, including the possible loss of principal amount invested. The risks associated with this fund include stock market risk, index risk, tracking error risk, replication management risk, small and mid cap company risk, market price risk and trading halt risk.
Before investing you should carefully consider the fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, which can be obtained by visiting www.javelinfunds.com. Please read the prospectus carefully before you invest.
Javelin Investment Management, LLC's JETS Contrarian Opportunities Fund based on the Dow Jones U.S. Contrarian Opportunities Index is not sponsored, endorsed, sold or promoted by Dow Jones, and Dow Jones makes no representation regarding the advisability of trading in such products.
"Dow Jones," and "Dow Jones U.S. Contrarian Opportunities Index TM" and are trademarks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by Javelin Investment Management, LLC.
Foreside Fund Services, LLC, Distributor.