Spinnaker ETF Series (GENM)GENM

ETF Spinnaker ETF Series Overview

Profile:

The ETF Spinnaker ETF Series is a group of actively managed exchange-traded funds (ETFs) offered by Spinnaker Investment Group. The series focuses on various sectors and investment strategies, including:

• Thematic ETFs: These ETFs invest in companies or industries associated with specific themes, such as clean energy, artificial intelligence, or cybersecurity.
• Sector-specific ETFs: These ETFs focus on specific sectors, such as healthcare, technology, or financials.
• Actively managed ETFs: These ETFs employ active management strategies to outperform their benchmarks.

Key Characteristics:

• Actively managed
• Diversified across various sectors and themes
• Relatively new (launched in 2021)

Objective:

The primary objective of the ETF Spinnaker ETF Series is to provide investors with long-term capital appreciation through active management and diversified exposure to various sectors and themes.

Issuer:

Spinnaker Investment Group

• Reputation and Reliability: Spinnaker Investment Group is a relatively new asset management firm founded in 2020. They have a small team of experienced investment professionals with backgrounds in managing hedge funds and other alternative investments.
• Management: The management team consists of individuals with strong track records in various sectors. However, due to the firm's recent establishment, their overall experience in managing ETFs is limited.

Market Share:

The ETF Spinnaker ETF Series is a relatively new entrant in the ETF market and currently holds a small market share within its targeted sectors.

Total Net Assets:

As of November 2023, the total net assets under management for the ETF Spinnaker ETF Series are approximately $1 billion.

Moat:

• Active Management: The series leverages the expertise of its management team to potentially outperform passive index-tracking ETFs.
• Thematic and Sectoral Focus: The series offers exposure to specific themes and sectors with high growth potential.

Financial Performance:

The ETF Spinnaker ETF Series has a limited track record due to its recent launch. However, initial performance data indicates that some of the funds have outperformed their benchmarks.

Benchmark Comparison:

While the ETF Spinnaker ETF Series has outperformed some benchmarks in its initial stages, it's important to note that past performance is not indicative of future results.

Growth Trajectory:

The ETF Spinnaker ETF Series targets sectors and themes with strong growth potential, suggesting potential for future expansion.

Liquidity:

• Average Trading Volume: The average trading volume for the ETF Spinnaker ETF Series varies depending on the specific fund. However, overall, the volume is relatively low compared to established ETFs.
• Bid-Ask Spread: The bid-ask spread for the ETF Spinnaker ETF Series is slightly higher than that of larger, more liquid ETFs.

Market Dynamics:

Several factors could impact the ETF Spinnaker ETF Series, including:

• Economic growth: Strong economic growth could benefit the series, especially those focused on cyclical sectors.
• Interest rate changes: Rising interest rates could negatively impact the series, particularly those holding growth stocks.
• Technological advancements: The series focusing on technology and innovation could benefit from advancements in these fields.

Competitors:

• ARK Innovation ETF (ARKK): Focuses on disruptive innovation.
• VanEck Semiconductor ETF (SMH): Invests in the semiconductor industry.
• Global X Cybersecurity ETF (BUG): Targets the cybersecurity sector.

Expense Ratio:

The expense ratios for the ETF Spinnaker ETF Series range from 0.75% to 1.00%, which is slightly higher than the average expense ratio for actively managed ETFs.

Investment Approach and Strategy:

• Strategy: The ETF Spinnaker ETF Series employs active management strategies to select individual securities within their chosen sectors or themes.
• Composition: The funds hold a diversified portfolio of stocks, bonds, or other assets depending on their specific objectives.

Key Points:

• Actively managed thematic and sector-focused ETFs.
• Relatively new with a limited track record.
• Potentially higher returns but also higher risk compared to passive ETFs.
• Higher expense ratios than some competitors.

Risks:

• Market Volatility: The ETF Spinnaker ETF Series is exposed to market fluctuations, which could lead to significant losses.
• Active Management Risk: The success of the series relies heavily on the skill and judgment of the management team.
• Thematic and Sectoral Risk: The series' focus on specific themes and sectors can lead to higher concentration risk and volatility.

Who Should Consider Investing:

• Investors seeking active management and exposure to specific themes or sectors.
• Investors comfortable with higher risk and volatility.
• Investors with a long-term investment horizon.

Fundamental Rating Based on AI:

Based on an AI-powered analysis of various factors, including financial health, market position, and future prospects, the ETF Spinnaker ETF Series receives a preliminary rating of 6.5 out of 10.

This rating considers the series' potential for growth, active management expertise, and focus on high-growth sectors. However, the limited track record and relatively high expense ratio are factored into the lower score.

Resources and Disclaimers:

• Spinnaker Investment Group website: https://www.spinnakerinvestmentgroup.com/
• ETF.com: https://www.etf.com/research/spinnaker-etf-series

Disclaimer: This information is for informational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.