Janus Capital Group, Inc., begun trading 4 new thematic ETFs: The Health and Fitness ETF (Nasdaq: FITS), The Long-Term Care ETF (Nasdaq: OLD), The Organics ETF (Nasdaq: ORG), and The Obesity ETF (Nasdaq: SLIM) on Thursday, June 09, 2015. Here is a synopsis of the new ETFs:
1.
FUND INFORMATION:
| Symbol: FITS | Exchange: NASDAQ |
| Name: The Health and Fitness ETF | Net Expense Ratio: 0.50% |
FUND OBJECTIVE:
The Health and Fitness ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive Health and Fitness Index.
REFERENCE INDEX:
The Solactive Health and Fitness Index is designed to track the performance of companies globally that are positioned to profit from servicing those participating in health and fitness activities, including companies whose business is focused on fitness technology/equipment, sports apparel, nutrition, and sports/fitness facilities. Stocks included in the Underlying Index may include common shares traded on local exchanges, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The Underlying Index is reconstituted on a semi-annual basis, rebalanced on a quarterly basis, (and the Fund is rebalanced quarterly based on changes to the Underlying Index).
As of April 29, 2016, approximately 27% of the Underlying Index was represented by companies in the footwear industry.
Fund Top Holdings (06/10/16):
| NIKE Inc | 20.15% |
| lululemon athletica Inc | 5.21% |
| adidas AG | 5.05% |
| Shimano Inc | 4.67% |
| Foot Locker Inc | 4.40% |
| Vail Resorts Inc | 4.29% |
| Under Armour Inc | 4.24% |
| Garmin Ltd | 3.94% |
| Herbalife Ltd | 3.55% |
| Brunswick Corp/DE | 3.44% |
Fund Geographic Breakdown (06/10/16):
| United States | 67.62% |
| Japan | 10.91% |
| Germany | 5.06% |
| China | 3.35% |
| Ireland | 3.22% |
| Finland | 2.54% |
| Hong Kong | 2.43% |
| United Kingdom | 2.38% |
| Norway | 0.77% |
| Sweden | 0.64% |
Useful Links:
FITS Home Page
2.
FUND INFORMATION:
| Symbol: OLD | Exchange: NASDAQ |
| Name: The Long-Term Care ETF | Net Expense Ratio: 0.50% |
FUND OBJECTIVE:
The Long-Term Care ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive Long-Term Care Index.
REFERENCE INDEX:
The Solactive Long-Term Care Index is designed to track the performance of companies globally that are positioned to profit from providing long-term care to the aging population, including companies owning or operating senior living facilities, nursing services, specialty hospitals, and senior housing, biotech companies for age-related illnesses, and companies that sell products and services to such facilities.
The Underlying Index is reconstituted on a semi-annual basis, rebalanced on a quarterly basis, (and the
Fund is rebalanced quarterly based on changes to the Underlying Index). The underlying securities are weighted according to their market capitalization relative to other securities in the Underlying Index, and capped so that no security will represent more than 20% of the Underlying Index at the time of an index reconstitution or rebalance. Due to market movement between rebalancing and reconstitution of the Underlying Index, an underlying security may represent more than 20% of the Underlying Index at any given time, and thus may represent more than 20% of the Fund’s assets at any given time.
As of April 29, 2016, approximately 66% and 29% of the Underlying Index was represented by companies in the health care REIT and health care facilities industries, respectively.
Fund Top Holdings (06/10/16):
| Ventas Inc | 21.40% |
| Welltower Inc | 20.14% |
| Senior Housing Properties Trust | 4.71% |
| HCP Inc | 4.44% |
| Orpea | 4.31% |
| Omega Healthcare Investors Inc | 4.26% |
| Brookdale Senior Living Inc | 3.95% |
| National Health Investors Inc | 3.85% |
| Ryman Healthcare Ltd | 3.52% |
| Chartwell Retirement Residences | 2.97% |
Fund Geographic Breakdown (06/10/16):
| United States | 77.59% |
| France | 6.77% |
| New Zealand | 5.38% |
| Canada | 4.44% |
| Australia | 2.77% |
| Japan | 1.47% |
| Belgium | 1.44% |
| Hong Kong | 0.11% |
Useful Links:
OLD Home Page
3.
FUND INFORMATION: CLOSED 03/12/2020
| Symbol: ORG | Exchange: NASDAQ |
| Name: The Organics ETF | Net Expense Ratio: 0.50% |
FUND OBJECTIVE:
The Organics ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive Organics Index.
REFERENCE INDEX:
The Solactive Organics Index is designed to track the performance of companies globally that are positioned to profit from increasing demand for organic products, including companies which service, produce, distribute, market or sell organic food, beverages, cosmetics, supplements, or packaging.
The Underlying Index is reconstituted on a semi-annual basis, rebalanced on a quarterly basis, and the Fund is rebalanced quarterly based on changes to the Underlying Index.
The underlying securities are weighted according to their market capitalization relative to other securities in the Underlying Index, and capped so that no security will represent more than 20% of the Underlying Index at the time of an index reconstitution or rebalance. Due to market movement between
rebalancing and reconstitution of the Underlying Index, an underlying security may represent more than 20% of the Underlying Index at any given time, and thus may represent more than 20% of the Fund’s assets at any given time.
As of April 29, 2016, approximately 38% and 30% of the Underlying Index was represented by companies in the packaged food and meats and retail foods industries, respectively.
Fund Top Holdings (06/10/16):
| Whole Foods Market Inc | 22.70% |
| United Natural Foods Inc | 5.13% |
| Hain Celestial Group Inc | 5.13% |
| WhiteWave Foods Co | 4.82% |
| Ariake Japan Co Ltd | 4.63% |
| L’Occitane International SA | 4.56% |
| Bellamy’s Australia Ltd | 4.45% |
| Rock Field Co Ltd | 4.42% |
| Wessanen | 4.39% |
| Chr Hansen Holding A/S | 4.32% |
Fund Geographic Breakdown (06/10/16):
| United States | 49.61% |
| Australia | 11.13% |
| Japan | 9.05% |
| China | 7.21% |
| Canada | 5.28% |
| France | 4.56% |
| Netherlands | 4.39% |
| Denmark | 4.32% |
| India | 2.13% |
| Thailand | 1.43% |
Useful Links:
ORG Home Page
4.
FUND INFORMATION: CLOSED 03/12/2020
| Symbol: SLIM | Exchange: NASDAQ |
| Name: The Obesity ETF | Net Expense Ratio: 0.50% |
FUND OBJECTIVE:
The Obesity ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive Obesity Index.
REFERENCE INDEX:
The Solactive Obesity Index s designed to track the performance of companies globally that are positioned to profit from servicing the obese, including biotechnology, pharmaceutical, health care and medical device companies whose business is focused on obesity and obesity related disease including diabetes, high blood pressure, cholesterol, heart disease, stroke, and sleep apnea, and companies focused on weight loss programs, weight loss supplements, or plus sized apparel.
The Underlying Index is reconstituted on a semi-annual basis, rebalanced on a quarterly basis, and the Fund is rebalanced quarterly based on changes to the Underlying Index.
The underlying securities are weighted according to their market capitalization relative to other securities in the Underlying Index, and capped so that no security will represent more than 20% of the Underlying Index at the time of an index reconstitution or rebalance. Due to market movement between
rebalancing and reconstitution of the Underlying Index, an underlying security may represent more than 20% of the Underlying Index at any given time, and thus may represent more than 20% of the Fund’s assets at any given time.
As of April 29, 2016, approximately 29% and 25% of the Underlying Index was represented by companies in the health care equipment and health care services industries, respectively.
Fund Top Holdings (06/10/16):
| Novo Nordisk A/S | 19.54% |
| Fresenius Medical Care AG & Co KGaA (ADR) | 18.85% |
| DexCom Inc | 4.95% |
| Herbalife Ltd | 4.73% |
| ResMed Inc (CDI) | 4.69% |
| DaVita HealthCare Partners Inc | 4.56% |
| St Jude Medical Inc | 4.50% |
| Fisher & Paykel Healthcare Corp Ltd | 4.15% |
| Insulet Corp | 3.61% |
| Nipro Corp | 3.26% |
Fund Geographic Breakdown (06/10/16):
| United States | 50.01% |
| Denmark | 19.54% |
| Germany | 18.85% |
| New Zealand | 4.15% |
| Japan | 3.26% |
| United Kingdom | 1.39% |
| Switzerland | 1.17% |
| China | 1.17% |
| France | 0.31% |
| Australia | 0.15% |
Useful Links:
SLIM Home Page
ETFtrack comment:
Here is a comment from Nick Cherney, Senior Vice President and Head of Exchange Traded Products for Janus Capital Group:
“Changes in demographics and lifestyle are altering the investment landscape. These thematic Exchange Traded Funds are designed to capitalize on those shifts to give advisors new tools that can help clients achieve better financial outcomes.”