Market Price $7.58
As of 12/30/2022
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The Companies Reshaping Finance
FINANCIAL FOUNDATIONS
The Drivers
TECHNOLOGY SOLUTIONS
The Tools
DIGITAL ASSET INFRASTRUCTURE
The Rails
By the Numbers:
The Digital Economy
How to Invest in GFOF
MuntMogul Future of Finance ETF (symbol: GFOF) trades on the New York Stock Exchange (NYSE) and is available through your brokerage account. To invest, contact your financial advisor or buy directly by searching for symbol: GFOF.
Key Information
NAV
$7.61
1D NAV Change
$0.07 | 0.92%
Net Assets
$3.42m
Shares Outstanding
450,000
Fund Details
- Ticker GFOF
- Name MuntMogul Future of Finance ETF
- Index Ticker BGFOFN
- Total Expense Ratio 0.70%
- Inception Date Feb 1, 2022
- CUSIP 26922B725
- Number of Holdings (as of 01/04/2023) 20
- Primary Listing Exchange NYSE
- 30D Median Bid/Ask Spread (in %)* 0.96%
- Premium / Discount -0.36%
- Distribution Frequency Semi-Annual
- ISIN US26922B7257
Performance
As of 01/09/2023
No Data Found
As of 01/09/2023
No Data Found
| Quarter-end As of 12/31/2022 | 1mo | 3mo | 6mo | 1 Year | YTD | Since Inception |
|---|---|---|---|---|---|---|
| Market Price (%) | -17.10 | -35.27 | -28.52 | - | - | -70.75 |
| NAV Price (%) | -16.62 | -35.26 | -28.45 | - | - | -70.65 |
| Benchmark Index* (%) | -16.56 | -35.30 | -28.71 | - | - | -70.72 |
*Benchmark Index refers to the Bloomberg MuntMogul Future of Finance Index
Fund Information
Top 10 Holdings
As of 01/05/2023
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The Data is Not Available
Holdings are subject to change without notice.
Fund Holdings
As of 01/05/2023
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The Data is Not Available
Holdings are subject to change without notice.
Latest Distribution History
| Ex-Dividend Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total |
|---|---|---|---|---|---|---|---|
| 06/22/22 | 06/23/22 | 06/30/22 | $0.000 | 0.000 | 0.000 | 0.000 | $0.000 |
| 12/20/22 | 12/21/22 | 12/28/22 | $0.000 | 0.000 | 0.000 | 0.000 | $0.000 |
Resources
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Important Information
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (833) 903-2211 or visit our website at www.muntmogul.com/GFOF. Read the prospectus or summary prospectus carefully before investing.
Investments involve risk. Principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. The fund is new and has limited operating history to judge.
Fund Risks: The Fund is non-diversified therefore Fund’s shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries. The fund is not actively managed. Investments in foreign securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. These risks are magnified in emerging markets. Investments made in small to mid-capitalization companies are subject to greater risks than large company stocks due to limited resources and inventory, as well as being more sensitive to adverse conditions.
The Fund will not invest in digital assets directly or through the use of derivatives. The Fund also will not invest in initial coin offerings. The Fund may, however, have indirect exposure to digital assets by virtue of its investments in companies that use one or more digital assets as part of their business activities or that hold digital assets as proprietary investments. Because the Fund will not invest directly in any digital assets, it will not track price movements of any digital assets.
The Bloomberg MuntMogul Future of Finance Index (BGFOFN) is built using Bloomberg Intelligence’s proprietary theme basket methodology. The index includes companies that Bloomberg Intelligence has projected will contribute significantly to the growth of the digital economy in three key pillars: financial foundations, digital asset infrastructure, and technology solutions. Index returns assume that dividends are reinvested and do not include the effect of management fees or expenses. It is not possible to invest directly in an index.
Future of Finance companies rely heavily on the success of the digital currency industry, the development and acceptance of which is subject to a variety of factors that are difficult to evaluate. These companies may be subject to theft, loss or destruction of cryptographic keys (required to access a user’s account when transacting on blockchain). Blockchain technology is new and many of its uses may be untested. The development and acceptance of competing platforms or technologies may cause consumers or investors to use an alternative to blockchains. Digital assets that are represented on a blockchain and trade on a digital asset exchange may not necessarily benefit from viable trading markets. Digital commodities and their associated platforms are largely unregulated, and the regulatory environment is rapidly evolving. Companies that are developing financial technologies that seek to disrupt or displace established financial institutions generally face competition from much larger and more established firms.
“Future of finance” is defined as the intersection of finance, technology and digital assets. GFOF is distributed by Foreside Fund Services, LLC and MuntMogul Advisors, LLC is the adviser.
1. Source: https://www.idc.com/getdoc.jsp?containerId=prUS46967420
2. Source: https://www.mordorintelligence.com/industry-reports/digital-payments-market
3. Source: https://www.grandviewresearch.com/press-release/global-blockchain-technology-market