Key stats
About BETAPRO MARIJUANA COS INVERSE ETF SHS
Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
BetaPro
Expense ratio
16.53%
Home page
Inception date
May 23, 2019
Index tracked
North American MOC Marijuana Index - CAD
Management style
Passive
ISIN
CA08664J1084
The fund seeks investment results that correspond to the inverse of the daily performance of its underlying index, which represents a market-cap-weighted basket of North American companies with significant businesses in the cannabis industry. These companies are deemed to be producer and/or supplier of cannabis, a biotech company engaged in research and development of cannabinoids, or a company that focuses its investments on the cannabis sector. As a levered fund, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.
Classification
Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Cannabis
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Miscellaneous
Cash
Bonds, Cash & Other100.00%
Miscellaneous65.68%
Cash34.32%
