TOKE is an actively-managed cannabis and hemp fund. The fund aims to hold around 20 to 50 stocks providing broad exposure to the global cannabis industry. This includes companies that (i) engage in or support the legal production, cultivation, and/or sale of cannabis, including marijuana and hemp, such as certain agrobusiness, biotechnology, life sciences, pharmaceutical, retail, finance, and real estate companies, (ii) perform lawful research as to the medical and pharmaceutical applications of marijuana and cannabis extracts, including cannabinoids, or (iii) produce and develop devices, goods, and equipment related to the cannabis industry, including hemp and its legal derivatives. TOKE only invests in publicly-traded, legally-operating businesses. The funds portfolio rebalances at least once a year.
