Amplify Seymour Cannabis ETF (CNBS)

Overview

The Amplify Seymour Cannabis ETF (CNBS) is an actively managed ETF that seeks to provide total return by investing in companies generating revenue in the cannabis and hemp ecosystem. It aims to capture opportunities within the rapidly evolving cannabis industry.

Reputation and Reliability

Amplify ETFs is a reputable issuer known for its thematic and innovative ETFs, providing diverse investment strategies.

Management Expertise

The management team has experience in thematic investing and actively managing portfolios within emerging sectors.

Goal

To seek total return by investing in companies with exposure to the cannabis and hemp industries.

Investment Approach and Strategy

Strategy: Actively managed portfolio selecting companies involved in cannabis and hemp, not tracking a specific index.

Composition Primarily stocks of companies deriving revenue from the cannabis and hemp industries. Can include companies involved in cultivation, distribution, retail, and pharmaceuticals related to cannabis.

Market Share: CNBS's market share within the cannabis ETF sector varies significantly depending on market conditions and investor sentiment.

Total Net Assets (AUM): 41800000

Key Competitors

• HMLSF ALTERNATIVE HARVEST ETF
• MSOS AdvisorShares Pure US Cannabis ETF
• TOKE Cambria Cannabis ETF

Competitive Landscape

The cannabis ETF industry is highly competitive with several ETFs vying for market share. CNBS differentiates itself with active management and a focus on a broad cannabis ecosystem. Advantages include potential for outperformance via stock selection, while disadvantages include higher expense ratios compared to passive ETFs.

Historical Performance: Historical performance data is crucial to understanding an ETFs performance over a long period to evaluate its track record. Return can vary based on underlying market conditions.

Benchmark Comparison: Performance is best compared to other cannabis-focused ETFs or a custom benchmark reflecting the overall cannabis market.

Expense Ratio: 0.85

Average Trading Volume

Average trading volume can fluctuate depending on the market conditions, which is a good representation of its liquidity.

Bid-Ask Spread

The bid-ask spread of this fund can fluctuate, depending on market conditions, and affects the total cost to trade.

Market Environment Factors

Economic indicators, regulatory changes in the cannabis industry, and investor sentiment heavily influence CNBS. Changes in federal or state laws on cannabis legalization can significantly impact the ETF.

Growth Trajectory

The ETF's growth trajectory mirrors the overall cannabis market's development. Changes to the ETFs strategy and holdings reflect efforts to adapt to this evolving landscape.

Competitive Edge

CNBS's competitive edge lies in its active management, allowing it to adapt to the rapidly changing cannabis sector. The manager, Tim Seymour, is a known name and his active management style may offer advantages. It uses a fundamental investment approach, combined with technical and market analysis to select investments. This allows for potential to outperform passively managed cannabis ETFs and generate alpha.

Volatility

CNBS is expected to exhibit high volatility due to the inherent risks associated with the cannabis industry, including regulatory uncertainty and market fluctuations.

Market Risk

Specific risks include regulatory risk (changes in cannabis laws), market risk (fluctuations in cannabis stocks), and company-specific risk (performance of individual holdings).

Ideal Investor Profile

The ideal investor is risk-tolerant and seeking exposure to the cannabis sector for growth potential. Investors should understand the inherent volatility and regulatory risks of this industry.

Market Risk

Better suited for active traders or long-term investors with a high-risk tolerance rather than passive index followers.

The Amplify Seymour Cannabis ETF (CNBS) is actively managed, focusing on companies in the cannabis and hemp ecosystem. Its actively managed fund strategy allows it to outperform passive ETFs. It offers exposure to a high-growth, yet volatile sector, making it suitable for investors with a higher risk tolerance and understanding of the cannabis market. Its performance is closely tied to regulatory developments and market sentiment surrounding the cannabis industry.

Data Sources:

• Amplify ETFs Website
• ETF.com
• Bloomberg
• Morningstar

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results.