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NEWZ ETF Profile


Family: StockSnips
Name: StockSnips AI-Powered Sentiment US All Cap ETF
Inception Date: 11-Apr-2024
Termination Date:
Investment Objective: The StockSnips AI-Powered Sentiment US All Cap ETF seeks long-term capital appreciation. The Fund is an actively-managed ETF that seeks to achieve its investment objective by utilizing an investment strategy that leverages AI and natural language processing to derive a proprietary News Media Sentiment Signal (the "Sentiment Signal"). AI refers to the application of computer systems to perform tasks that typically require human intelligence, discernment and adaption, such as decision-making, reasoning and learning from past experiences. The Fund's sub-adviser, StockSnips, Inc., uses an investment process based on a proprietary ranking and selection process, which is designed to identify stocks with the most positive news coverage. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amounts of any borrowings for investment purposes) in securities of U.S.-listed large, mid and small capitalization companies. The Fund invests in equity securities of such companies, including common stock and ADRs. The Sub-Adviser believes that quantification of news sentiment can be a proxy for investor sentiment. The Sub-Adviser employs quantitative modeling, which leverages the Sentiment Signal and a trending Sentiment Momentum signal.
Prospectus
Top 10 Holdings
SM Energy Co SM 4.0300%
Lantheus Holdings Inc LNTH 4.0000%
Kroger Co/The KR 3.4400%
Albertsons Cos Inc ACI 3.3400%
Pampa Energia SA PAM 3.3300%
Black Stone Minerals LP BSM 3.3300%
Service Corp International/US SCI 3.3100%
Costco Wholesale Corp COST 3.3100%
Cadence Design Systems Inc CDNS 3.3000%
Republic Services Inc RSG 3.3000%
Top 10 Holdings Weight: 34.7%
Number of Holdings: 31
Shares Outstanding: 650,000
Total Net Assets: 18,031,520
NAV: 27.73
Net Expense Ratio: 0.75%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Other Quant Model
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Market Cap: Broad Market / Multi-Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes