The goal is to achieve daily investment outcomes that are 200 percent of the Prime Alternative Harvest Index’s performance, before fees and expenditures.
What is the Etfmg ETF for alternative harvest?
The ETFMG Alternative Harvest ETF was the first U.S.-listed pure-play cannabis ETF. The ETF tracks an index of companies engaged in the legal cultivation, marketing, and sale of cannabis products for medical and recreational purposes.
Is Etfmg a good investment?
The stockchase rating for ETFMG Alternative Harvest ETF is based on the indications of stock professionals. A high score indicates that experts like to buy the stock, whereas a low score indicates that experts prefer to sell the stock.
In what does the MJ ETF invest?
The first cannabis-focused ETF to trade in the United States is MJ. The fund invests in a global index of equities involved in the legal cultivation, manufacture, marketing, or distribution of cannabis products for medical or nonmedical purposes.
What is the prime harvest alternative index?
The Prime Alternative Harvest Index employs a patented approach to offer a benchmark for the global cannabis business, as well as industries that are anticipated to be influenced by the growing number of medicinal and recreational cannabis legalization projects around the world.
Is Michael Jackson being passively managed?
Tobacco stocks make up about 20% of MJ’s portfolio, which is managed passively. Pesticides, fertilizers, and plant feeds for the cannabis and tobacco industries are among the other assets in MJ’s portfolio.
ETF Managers Group is owned by who?
Masucci, Sam Masucci has worked in investment banking, structured product development, sales, and trading for over 25 years. He launched ETF Managers Group (ETFMG) in 2014 with the goal of revolutionizing the exchange-traded fund industry.