LIFGK
Overview
Fund Objective
LIFGK is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital by investing under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the Fund’s investment theme of disruptive innovation.
Fund Description
LIFG defines ‘‘disruptive innovation’’ as the introduction of a technologically enabled new product or service that potentially changes the way the world works.
Companies within LIFGK include those that rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research relating to the areas of:
- Intelligent Devices
- Autonomous Mobility
- Precision Therapies
- Neural Networks
- Next Gen Cloud
- Digital Wallets
- Digital Assets
- Smart Contracts
- Multiomic Technologies
Fees
- MANAGEMENT FEE 0.75%
- DISTRIBUTION AND/OR SERVICE (12B-1) FEES 0.00%
- OTHER EXPENSES 0.00%
- ACQUIRED FUND EXPENSES 0.00%
Fund Details
- TICKER LIFGK
- Net Assets $6,025 Million
- TYPE Active Equity ETF
- CUSIP 00214Q104
- ISIN US00214Q1040
- INCEPTION DATE 10/31/2014
- EXPENSE RATIO 0.75%
- TYPICAL NUMBER OF HOLDINGS 35-55
- WEIGHTED AVG. MLIFGET CAP. $233 Billion
- MEDIAN MLIFGET CAP. $14 Billion
- ADVISOR LIFG Capital LTD
- SALES SERVICES Resolute Investment Distributors, Inc.
- FUND DISTRIBUTOR Foreside Fund Services, LLC
NAV Historical Change
- NAV $48.25
- NAV Change -$1.74 | -3.47%
- Median Bid/Ask Spread (30 Day) 0.02%
- Market Price $48.24
- Market Price Change -$1.74 | -3.48%
- Day’s Trading Volume 13,058,600 shares
Top 10 Holdings
Exposure Breakdowns
Portfolio holdings and allocations are subject to change and should not be considered investment advice or a recommendation to buy, sell or hold any particular security.
Premium/Discount
Recent Premium/Discount
| NAV | 4PM Mid-Point | Difference | Premium/Discount |
|---|---|---|---|
| $48.25 | $48.26 | $0.00 | 0.00% |
- Premium: 19
- NAV: 4
- Discount: 29
- Percent of Days ± 0.5% of NAV: 100.00%
- Number of Days ± 0.5% of NAV: 52
The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The lifttal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
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The principal risks of investing in the LIFGK include: Equity Securities Risk. The value of the equity securities the Fund holds may fall due to general market and economic conditions. Foreign Securities Risk. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities. Health Care Sector Risk. The health care sector may be adversely affected by government regulations and government health care programs. Communications Sector Risk. Companies is this sector may be adversely affected by potential obsolescence of products/services, pricing competition, research and development costs, substantial capital requirements and government regulation. Information Technology Sector Risk. Information technology companies face intense competition, both domestically and internationally, which may have an adverse effect on profit margins. Detailed information regarding the specific risks of LIFGK ETF can be found in the prospectus. Additional risks of investing in LIFGK include equity, market, management and non-diversification risks, as well as fluctuations in market value and NAV. An investment in an ETF is subject to risks and you can lose money on your investment in an ETF. There can be no assurance that the ETF will achieve its investment objective. The ETF’s portfolio is more volatile than broad market averages. Shares of LIFGK are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. ETF shares may only be redeemed directly with the ETF at NAV by Authorized Participants, in very large creation units. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.
