Fund Details
As of 9/29/2023
| Ticker | NZRO |
| CUSIP | 86280R837 |
| Inception | 1/10/2022 |
| Exchange | NASDAQ |
| Total Annual Operating Expense Ratio | 0.95% |
| Portfolio Manager | David Miller |
| Portfolio Manager | Charles Ashley |
Fact SheetHow to Buy NZRO
Exchange Traded Funds (ETFs) are bought and sold just like any other exchange-listed stock. Most people can buy NZRO through their online brokerage platform by typing in the NZRO symbol. NZRO can also be bought on your behalf through a financial advisor on your wealth management platform. If you are having trouble purchasing NZRO or would like us to speak to your financial professional, please contact us today.
Fund Description and Objective
The Fund’s investment objective is to seek long-term capital appreciation.
The Fund invests in the equity securities of climate conscious and environmentally friendly companies that must meet one of the following criteria:
- Direct commitment to net zero or reduced carbon emissions through a company climate pledge or involvement in initiatives such as the Paris Agreement, The Climate Pledge or other similar types of accords.
- Companies deriving at least 50% of their revenues or profit from, or devoting at least 50% of their assets to activities focused on advancing the progress of reducing carbon emissions through alternative energy innovation in clean transportation as well as industrial efficiency, technological advancements in electrification, climate-conscious value chains and other similar initiatives.
- Companies that invest a significant portion of their capital expenditures in new processes and business segments that seek to accelerate the global transition from fossil fuel related energy to renewable energy, with the intention of such activities becoming a significant part of their business.
The Fund will not invest in any company whose principal business function is related to the extraction, development or transportation of oil, gas or other fossil fuels.
After the initial screen, the Advisor selects and weights securities that the team believes have the highest risk/return potential.
Daily NAV and Market Price
As of
|
Ticker – |
Exchange XNMS |
NAV2 |
Market Price3 – |
| Shares Outstanding | 50000.00 | Total Net Assets | 1046112.03 |
|---|---|---|---|
| Median Bid/Ask Spread (30 Day)1 | – | Premium Discount (%) |
130-Day Median Bid/Ask Percentage Spread Calculation: Based on Rule 6c-11(c)(1)(v), to calculate the median bid-ask spread the fund, (i) identifies the ETF’s NBBO as of the end of each 10-second interval during each trading day of the last 30 calendar days; (ii) divides the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identify the median of those values.
2Net asset value” or “NAV” is determined by adding up the value of all the assets in the fund, including assets and cash, subtracting any liabilities, and then dividing that value by the number of outstanding shares in the ETF.
3Market Price is defined as the official closing price of the ETF share.
NZRO Performance
Cumulative (%) as of 8/31/2023 (1 YR or Less)
| NZRO | YTD | 1M | 3M | 6M | 1 Yr | 3 Yrs | 5 Yrs | Since Inception – Cumulative |
| NAV | 7.67 | -4.13 | 3.91 | 6.73 | 13.07 | -6.49 | ||
| Market Price | 5.70 | -4.00 | 3.96 | 1.38 | 13.50 | -6.44 |
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the ETF shares will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Performance data current to the most recent month end may be obtained by callying 855-HSS-ETFS. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market returns are based on the composite closing price and do not represent the returns you would receive if you traded the shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date.
Download All Holdings| HoldingName | Ticker | MarketValue% | MarketValue | SharesQuantity | NotionalValue |
|---|---|---|---|---|---|
| CASH AND CASH EQUIVALENTS | 100.00000000% | 1046776.96 | 1046776.96 | 1046776.96 |
Disclosures
Shareholders should not assume that the source of a distribution from the Fund is net profit. Shareholders should note that return of capital will reduce the tax basis of their shares and potentially increase the taxable gain, if any, upon disposition of their shares.
Shares of this ETF are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.
For more complete information on Strategy Shares, download and view a prospectus or summary prospectus now or call (855) 477-3837 for a free prospectus or summary prospectus. You should consider the fund’s investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important subjects is in the fund’s prospectus or summary prospectus, which you should read carefully before investing. Investing involves risk, including loss of principal. There is no guarantee that this, or any investment strategy, will succeed. Shares of these ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.
Investing involves risk, including loss of principal. There is no guarantee that this, or any investment strategy, will succeed. Shares of these ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns. Climate Change Investment Focus Risk. The Fund’s focus on securities of issuers that seek prevent or mitigate the deleterious effects of climate change may affect the Fund’s exposure to certain sectors or types of investments. The Fund’s relative investment performance may also be negatively affected if such sectors or investments are out of favor with the market. Emerging Market Risk. Emerging market countries may have relatively unstable governments, weaker economies, and less-developed legal systems with fewer security holder rights. The Fund is a new fund with no history of operations as an ETF for investors to evaluate. Foreign Investment Risk. Investments in foreign securities tend to be more volatile and less liquid than investments in U.S. securities because, among other things, they involve risks relating to political, social and economic developments abroad, including economic sanctions, as well as risks resulting from differences between the regulations and reporting standards and practices to which U.S. and foreign issuers are subject. There is no guarantee that this, or any investment strategy, will succeed. Shares of these ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.
The Strategy Shares are distributed by Foreside Fund Services, LLC, which is not affiliated with Rational Advisors, Inc., or any of its affiliates.