Christian Magoon

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Christian Magoon
Born
Green Bay, Wisconsin
Alma materWheaton College
Occupation(s)Entrepreneur, author, motivational speaker
Websitewww.amplifyetfs.com

Christian Magoon is an American entrepreneur, author, speaker and business executive, best known for being CEO of Amplify ETFs[1] He specializes in exchange-traded funds.[2][3][4]

Background[edit]

In 2013, his Twitter profile was recognized as a Top 10 investment expert to follow on the site by The Wall Street Journal. In 2012, ETF Database, a leading ETF research provider, named Magoon a "Top Five ETF Expert To Follow On Twitter."[5] In 2011, Financial Planning magazine dubbed him an "ETF Pioneer."[6] In 2008, he was named one of "Five People To Watch In The U.S. ETF Industry" by Institutional Investor. Magoon regularly contributes his written insights to leading financial sites including the NASDAQ,[7] Seeking Alpha,[8] Motley Fool, Index Universe,[9] Financial Advisor Magazine and ETF Daily News. He is a contributor to The Wall Street Journal's "The Experts", a panel on wealth management.[10][11]

He is regularly quoted in the media and participates in a variety of investment conferences annually as a speaker, moderator and panellist.[12] Magoon has participated in the ringing of the opening bell to begin the trading day at the NYSE Euronext multiple times.[13] Magoon has been featured by Fox Business,[14] Bloomberg Radio,[15] The Wall Street Journal,[16] MarketWatch,[17] TheStreet,[18] The New York Times[19] and CNBC.[20][21]

He holds a Bachelor of Arts in communications and a Master of Arts from Wheaton College in Illinois.

Career[edit]

Magoon launched Amplify Investments and Amplify ETFs in February 2016.[22] IBUY differentiates itself[23] from other consumer discretionary and retail-focused ETFs in its peer group by holding only companies that generate 70 percent or more of their revenue from online sales. For example, IBUY's portfolio is more than 87 percent unique versus the largest consumer discretionary ETF.

In September 2016, Amplify acquired YieldShares LLC,[24] and has since launched the Amplify YieldShares Prime 5 Dividend ETF (PFV)[25] and the Amplify YieldShares CWP Dividend and Option Income ETF (DIVO).[26]

In his early career, Magoon served as President of Claymore Securities (now Guggenheim Investments), where he led the firm's product development, distribution and marketing efforts.[27] Magoon built one of the fastest growing ETF businesses in the country, gathering more than $3 billion in AUM in three years. He has introduced many aspects of the field to the American market, including the first frontier markets, solar energy, timber, BRIC, multi-asset income and suite of China-focused ETF's.

Before forming Amplify ETFs and Amplify Investments to bring innovative, opportunity-specific exchange traded products to market, he founded Magoon Capital in 2010. Launching over fifty ETF's to date, Magoon has been referred to as an "ETF Jedi" by one industry publication. In 2013, he formed a new ETF Sponsor, YieldShares. YieldShares will focus on ETF's for income-starved investors, with its flagship YYY product amassing over $125 million in assets as of January 2017.[28][29]

References[edit]

  1. ^ Balakrishnan, Anita (2017-01-12). "'Nothing's really changed' with Amazon's promise to add 100,000 jobs, says analyst". CNBC. Retrieved 2017-01-27.
  2. ^ "ETF price wars heat up" CNN Money. Retrieved 12 May 2013.
  3. ^ "Christian Magoon On The Claymore-Guggenheim Merger and The Future Of The ETF Industry" EFT Database. Retrieve 12 May 2013.
  4. ^ "WealthManagement.com Survey: Advisors Still Uneasy About ETFs" WealthManagement.com. Retrieved 12 May 2013.
  5. ^ "5 ETF Experts You Need To Follow On Twitter" EFT Database. Retrieved 11 May 2013.
  6. ^ "Growth surge lures pioneers for EFTs' first wave" Archived 2016-03-04 at the Wayback Machine Financial Planning. Retrieved 13 May 2013.
  7. ^ "Why I am Thankful for EFT's" NASDAQ. Retrieved 13 May 2013.
  8. ^ "Christian Magoon" Seeking Alpha. Retrieved 13 May 2013.
  9. ^ "So God Made An ETF" Index Universe. Retrieved 13 May 2013.
  10. ^ "The Best Tweets for Your Money" The Wall Street Journal. Retrieved 11 May 2013.
  11. ^ "Christian Magoon: Yes, and Bonds May Now Be Riskier than Equities" The Wall Street Journal. Retrieved 12 May 2013.
  12. ^ "Social media ETF is a 'gimmick'" CNN Money. Returned 12 May 2013.
  13. ^ "NYSE Calendar" NYSE. Retrieved 12 May 2013.
  14. ^ "EFT Market Plays" Fox Business. Retrieved 15 May 2013.
  15. ^ "Magoon on Opportunities in Retail Sector (Audio)". Bloomberg.com. Retrieved 2017-02-07.
  16. ^ Banerji, Gunjan (2017-01-12). "Hints of Fear in Bank Stock Options Ahead of Earnings". The Wall Street Journal. ISSN 0099-9660. Retrieved 2017-02-07.
  17. ^ Vlastelica, Ryan. "This online retail ETF is already an outperformer ahead of Black Friday". MarketWatch. Retrieved 2017-02-07.
  18. ^ Ciaccia, Chris (2016-10-03). "This dividend ETF does your investing for you". TheStreet. Retrieved 2017-02-07.
  19. ^ Wingfield, Nick (2017-02-02). "Amazon's Holiday Quarter Doesn't Match High Expectations". The New York Times. ISSN 0362-4331. Retrieved 2017-02-07.
  20. ^ "Making Money in Metals" CNBC. Retrieved 16 May 2013.
  21. ^ "New Airline EFT" CNBC. Retrieved 15 May 2013.
  22. ^ "Daily ETF Watch: Magoon Launches Amplify | ETF.com". www.etf.com. Retrieved 2017-02-07.
  23. ^ "IBUY: What You Need to Know About the Amplify Online Retail ETF". NASDAQ.com. 2016-05-17. Retrieved 2017-02-07.
  24. ^ "Top Portfolio Products: New Funds from Fidelity, CBOE Vest and Direxion". Retrieved 2017-02-07.
  25. ^ "Amplify ETFs launches Amplify YieldShares Prime 5 Dividend ETF". ETF Express. 2016-09-22. Retrieved 2017-02-07.
  26. ^ "An Income ETF Strategy for an Aging Bull Equity Market | ETF Trends". www.etftrends.com. 27 January 2017. Retrieved 2017-02-07.
  27. ^ "Claymore Names Christian Magoon as President" Business Wire. Retrieved 11 May 2013.
  28. ^ "Amplify High Income ETF (YYY) Quote – ARCX | Morningstar". 29 February 2024.
  29. ^ "Exchange Traded Concepts Files for YieldShares High Income ETF"[permanent dead link] Exchange Traded Concepts. Retrieved 11 May 2013.

External links[edit]

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