ROCHESTER, NY, November 30, 2021 (GLOBE NEWSWIRE) – DSS, Inc. (“DSS” or the “Company”) (NYSE American: DSS), a multinational corporation operating business segments in blockchain security, marketing direct, healthcare, consumer packaging, real estate, renewable energy and securitized digital assets, today announced the launch of DSS AmericaFirst quantitative funds.
DSS AmericaFirst Quantitative Funds is a suite of mutual funds managed by DSS Wealth Management, Inc. that plans to expand to many investment platforms, including additional mutual funds, exchange traded funds, funds mutual funds and closed-end funds. DSS AmericaFirst Quantitative Funds currently consist of four mutual funds: DSS AmericaFirst Income Trends Fund (Nasdaq: AFPAX; AFPUX; AFPIX), DSS AmericaFirst Defensive Growth Fund (Nasdaq: DGQAX; DGQUX; DGQIX), DSS AmericaFirst Risk-On Risk-Off (Nasdaq: ABRFX; ABRUX; ABRWX) and DSS AmericaFirst Large Cap Buyback Fund (Nasdaq: SBQAX; SBQUX; SBQIX). The funds seek to outperform their respective benchmarks by applying a quantitative rules-based approach to stock selection.
“Our funds deploy revolutionary technologies to provide investors with access to innovative quantitative investment opportunities,” said Frank D. Heuszel, CEO of DSS. “We see substantial growth opportunities in each of these platforms as we capitalize on building and expanding an established distribution infrastructure. “
DSS American Quantitative Funds was established through shareholder approval of DSS Wealth Management as a registered investment advisor (“RIA”) for all funds of the AmericaFirst Quantitative Funds Trust (“Trust”). In September 2021, with the approval of the Board of Directors of the Trust and its shareholders DSS Securities. Inc. (“DSSS”) became the new RIA of the Trust. Upon completion of the transfer, the Trust was renamed DSS AmericaFirst Quantitative Trust. DSSS, in its role as RIA, collects commissions for each fund calculated as a percentage of average daily net assets.
About DSS, Inc.
DSS is a multinational corporation operating business segments in blockchain security, direct marketing, healthcare, consumer packaging, real estate, renewable energy and secure digital assets. Its business model is based on a distribution-sharing system in which shareholders receive shares from its subsidiaries, as DSS strategically unleashes value through IPO spin-offs. Under new leadership since 2019, DSS has laid the foundation for sustainable growth through the acquisition and formation of a diverse portfolio of companies positioned to drive profitability in five high growth industries. These companies offer innovative, flexible and practical solutions that not only meet customer needs, but also create lasting value and transformational opportunities.
For more information on DSS, visit http://www.dsssecure.com.
Dave Gentry, CEO
RedChip Companies Inc.
Safe Harbor Disclosure
This press release contains forward-looking statements made in accordance with the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. . These forward-looking statements include, without limitation, statements relating to the company’s intended use of the products and other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties which may cause actual results or events to differ materially from those anticipated. These risks and uncertainties, many of which are beyond our control, include: risks relating to our growth strategy; our ability to obtain, execute and maintain financing and strategic agreements and relationships; risks related to the results of development activities; our ability to attract, integrate and retain key personnel; our need for substantial additional funds; patent and intellectual property issues; competetion; as well as other risks described in the section entitled “Risk Factors” in the Prospectus and in our other documents filed with the SEC, including, without limitation, our reports on Forms 8-K and 10-Q, which can all be obtained from the SEC’s website at www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made and reflect management’s current estimates, projections, expectations and beliefs. We expressly disclaim any obligation or commitment to publicly release any update or revision to any forward-looking statement contained herein to reflect any change in our expectations or any change in the events, conditions or circumstances upon which such statement is based, unless required by law.