CLOSED 01/15/2019
SportsETFs, LLC begun trading a new ProSports Sponsors ETF, the ProSports Sponsors ETF (Bats: FANZ) on Tuesday, July 11, 2017.
FUND INFORMATION:
| Symbol: FANZ | Exchange: BATS |
| Name: ProSports Sponsors ETF | Net Expense Ratio: 0.69% |
FUND OBJECTIVE:
The ProSports Sponsors ETF seeks to provide investment results that, before fees and expenses, track the performance of the ProSports Sponsors Index.
REFERENCE INDEX:
The ProSports Sponsors Index is designed to measure the performance of companies which are official sponsors of the major professional football, baseball, hockey and basketball leagues in the United States (ProSports Sponsors) or national sports broadcasters with rights agreements with such leagues (ProSports Broadcasters).
Eligible Index constituents are common equity securities and American Depositary Receipts (ADRs) of ProSports Sponsors and ProSports Broadcasters or their parent companies that are traded on a U.S. or non-U.S. exchange. At the time of inclusion and rebalance, each issuer must have a market capitalization of at least $1 billion, an average daily trading volume of at least $1 million over the previous six months, and traded on 90% of the eligible trading days over the previous six months.
The Index may consist of securities of both U.S. and foreign issuers, including securities of issuers located in emerging market countries. Index constituents are equally-weighted when they are added to the Index and when the Index is rebalanced. Index constituents that are ProSports Sponsors are rebalanced on the last trading day in March, June and September consistent with the start of the season of each major professional sports league. Index constituents that are ProSports Broadcasters are rebalanced on the last trading day in December. All Index constituents may be rebalanced more frequently in response to specific corporate events, as determined by SportsETFs LLC (Index Provider).
Fund Top 10 Holdings (07/14/17):
| ROGERS COMMUNICATIONS INC-B | 2.05% |
| TAKE-TWO INTERACTIVE SOFTWRE | 1.86% |
| NEW RELIC INC | 1.86% |
| EXTREME NETWORKS INC | 1.83% |
| ELECTRONIC ARTS INC | 1.76% |
| CANADIAN TIRE CORP-CLASS A | 1.76% |
| MCDONALD’S CORP | 1.73% |
| CIGNA CORP | 1.72% |
| LIVE NATION ENTERTAINMENT IN | 1.69% |
| BANCO BILBAO VIZCAYA-SP ADR | 1.68% |
Useful Links:
FANZ Home Page
ETFtrack comment:
Here is a comment from Nick Fullerton, president and co-founder of SportsETFs and president of Fullerton Advisors:
“FANZ is the first ETF that allows investors and sports fans to participate in the financial relationships between sports leagues and their corporate partners. While other products in the market offer strategies that invest in sporting goods or leisure & entertainment, the ProSports Sponsors ETF holds companies that invest in high-profile marketing partnerships that target a specific audience. FANZ can be a core equity position in an investor’s portfolio while also being an exciting way to financially participate in something fans understand and love.”
About SportsETFs, LLC
SportsETFs offers investors and sports fans the ability to access professional sports-related investment opportunities through an exchange-traded fund. SportsETFs provides investors with the opportunity to invest alongside companies that believe an association with professional sports can lead to greater brand awareness and increased revenues. SportsETFs is backed by rigorous research and an index that seeks to capture the growth in global sports business, and is designed to fit into investor portfolios as a core holding.