TGN ISSUER
The Brendan Wood TopGun Index ETF is managed by Brendan Wood International, the index provider. This ETF employs a passive management approach, seeking to track the performance of the Brendan Wood TopGun Index before accounting for fees and expenses. The index comprises approximately 25 top-rated companies selected from the Brendan Wood Shareholder Conviction Universe. Companies in this universe are evaluated based on personal interviews with institutional investment professionals and are chosen for their high investment quality and demand within various sectors. The ETF is generally reconstituted and rebalanced annually in January and may use either a replication or representative sampling strategy to achieve its investment objective. As of the date of this Prospectus, the Index is focused on sectors such as financials, real estate, and mining, and the Fund is classified as non-diversified under the Investment Company Act of 1940.
TGN DIVIDEND
Although the primary focus of the TGN ETF is not specifically on dividends, it reflects the dividend distribution of the underlying index. This ETF follows a passive management investment approach, aiming to track the total return performance of its index before fees and expenses. The index consists of approximately 100 large and mid-capitalization U.S.-listed stocks with low beta variability, and a forecasted beta of less than 1.00. Dividend eligibility and distribution within this ETF are influenced by the individual dividend policies and performances of its constituent companies. Investors in TGN may benefit from a combination of capital appreciation and some level of dividend returns, depending on the performance of the underlying stocks.
TGN TRACKING
Tracking the Brendan Wood TopGun Index is the primary objective of the Brendan Wood TopGun Index . The ETF employs a passive management strategy, seeking to replicate the performance of the Index before fees and expenses. The Brendan Wood TopGun Index is composed of approximately 25 TopGun companies, selected algorithmically based on extensive interviews with institutional investment professionals. These companies are evaluated for their investment quality across various attributes, including business strategy, performance, management, governance, and more. The Brendan Wood TopGun Index aims to provide investors with exposure to these high-quality, sought-after companies, closely mirroring the Index's composition and performance while also maintaining flexibility to adapt to changing market conditions through a representative sampling strategy if necessary.
TGN CORRELATION
The correlation aspect of the Brendan Wood TopGun Index ETF (TGN) is not readily available, as this ETF primarily focuses on tracking the performance of the Brendan Wood TopGun Index, which is constructed based on interviews and evaluations of large and mid-cap companies within the Brendan Wood Shareholder Conviction Universe. Consequently, its correlation with traditional market indices is less relevant, as its selection process is unique. Investors interested in understanding TGN's correlations and its behavior relative to other assets can utilize the ETF Insider web app. ETF Insider provides a comprehensive analysis of correlations, allowing investors to gain insights into how this ETF may interact with various market sectors and assets. The tool's simple visualization features aid in making informed investment decisions and identifying potential overlaps between TGN and other investments.
TGN SECTOR
The TGN ETF (TGN) is primarily focused on tracking the performance of the Brendan Wood TopGun Index. This index is constructed using a unique approach that involves identifying approximately 1,400 companies in the Brendan Wood Shareholder Conviction Universe, which comprises liquid large and mid-capitalization companies traded on US and Canadian national exchanges, including ADRs. These companies are evaluated through personal interviews with institutional investment professionals, and those with the highest investment quality ratings and high demand sector exposure are included in the index. As of the last available data, the Index is concentrated in sectors such as financial, real estate, and mining, making the TGN ETF reflect a similar sector concentration. The ETF aims to replicate the index's performance, providing investors exposure to companies with strong investment attributes and sector demand, potentially offering opportunities for growth but also subject to sector-specific risks.
TGN EXPOSURE
The exposure characteristic of the Brendan Wood TopGun Index ETF emphasizes its focus on a unique methodology in selecting stocks. This ETF uses a passive management approach to track the performance of the Brendan Wood TopGun Index, which is comprised of companies from the Brendan Wood Shareholder Conviction Universe. This universe consists of liquid large and mid-capitalization companies trading on national exchanges in the United States and/or Canada. The index provider, Brendan Wood International, conducts up to 2,000 personal interviews with institutional investment professionals to evaluate and rank companies based on various investment attributes. The ETF primarily invests in these high-quality, top-ranked companies, aiming to reflect the exposure to these selected stocks. This strategy offers investors a distinct approach to accessing a portfolio of companies with strong investment potential, as determined by industry professionals.
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