INFL ETF Profile

Family:	Horizon Kinetics
Name:	Horizon Kinetics Inflation Beneficiaries ETF

Inception Date:	11-Jan-2021
Termination Date:
Investment Objective:	The Horizon Kinetics Inflation Beneficiaries ETF is an actively managed ETF that seeks long-term growth of capital in real (inflation-adjusted) terms. It seeks to achieve its investment objective by investing primarily in domestic and foreign equity securities of companies that are expected to benefit, either directly or indirectly, from rising prices of real assets (i.e., assets whose value is mainly derived from physical properties such as commodities) such as those whose revenues are expected to increase with inflation without corresponding increases in expenses.

Prospectus

Top 10 Holdings
Cash & Other		7.3700%
Landbridge Co LLC	LB	7.1500%
Viper Energy Inc	VNOM	6.7000%
Texas Pacific Land Corp	TPL	6.3300%
Wheaton Precious Metals Corp	WPM	5.9700%
PrairieSky Royalty Ltd	PSK	5.4200%
Intercontinental Exchange Inc	ICE	4.4400%
Franco-Nevada Corp	FNV	3.3400%
Cheniere Energy Inc	LNG	3.1800%
Deutsche Boerse AG	DB1	3.0000%
	Top 10 Holdings Weight:	52.9%

Number of Holdings:	48
Shares Outstanding:
Total Net Assets:
NAV:	40.29
Net Expense Ratio:	0.85%

Asset Class:	Equities (Stocks)
Developed or Emerging:	Funds Combining Developed & Emerging Exposure
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Market Cap:	Broad Market / Multi-Cap
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Is Currency Hedged:	No
US or Ex-US:	Global