New Stat Augurs Well for Covid Recovery

Jerry Bowyer, Vident Financial's Chief Economist, was quoted in the Wall Street Journal by economist Dr. Mark Skousen.

“Jerry Bowyer […] described the trend to me: 'The lockdown was focused on sectors which were skewed towards final stage consumption, such as retail, entertainment and travel. Seeing that the shutdown was disproportionately skewed towards GDP world as opposed to the phases before that phase (GO), showed how the economy would be able to be more resilient in bouncing back than many anticipated.'”

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The Funds' investment adviser is Vident Advisory, LLC. The Funds' sub-adviser is Vident Investment Advisory (VIA). Vident Financial owns the indexes that underlie the Funds. The Vident Funds are distributed by ALPS Distributors, LLC. ALPS is not affiliated with Vident Financial, Vident Advisory or VIA.