President Donald J. Trump Is Unleashing America’s 5G Potential
FREEING UP RESOURCES: President Donald J. Trump is taking decisive action to release more spectrum for commercial use, strengthening the United States’ leadership in 5G communications.
At the President’s direction, the Administration announced that 100 megahertz of contiguous, coast-to-coast mid-band spectrum will be made available for commercial 5G deployment.
This spectrum will give Americans access to the greatest 5G networks in the world, leading to cutting-edge innovation, economic prosperity, and strong national security.
The American wireless industry will be able to build and operate 5G networks nationwide using the 3.45-3.55 GHz band.
Through collaboration with the Department of Defense, the Administration has worked carefully to ensure commercial use of this critically-needed mid-band spectrum does not compromise military preparedness or national security.
President Trump’s commitment to strengthening the United States’ leadership in 5G communications is vital to ensuring the security and prosperity of the American people.
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The Defiance Next Gen Connectivity ETF is the first ETF to emphasize securities whose products and services are predominantly tied to the development of 5G networking and communication technologies. The fund does this by tracking The BlueStar 5G Communications Index. The Fund attempts to invest all, or substantially all, of its assets in the component securities that make up the Index.
Diversification does not ensure a profit nor protect against loss in a declining market.
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The SPAK Fund invests in companies that have recently completed an IPO or are derived from a SPAC. These companies may be unseasoned and lack a trading history, a track record of reporting to investors, and widely available research coverage. IPOs are thus often subject to extreme price volatility and speculative trading. These stocks may have above-average price appreciation in connection with the IPO prior to inclusion in the Index. The price of stocks included in the Index may not continue to appreciate and the performance of these stocks may not replicate the performance exhibited in the past. In addition, IPOs may share similar illiquidity risks of private equity and venture capital. The free float shares held by the public in an IPO are typically a small percentage of the market capitalization. The ownership of many IPOs often includes large holdings by venture capital and private equity investors who seek to sell their shares in the public market in the months following an IPO when shares restricted by lock-up are released, causing greater volatility and possible downward pressure during the time that locked-up shares are released.
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