MJ

Amplify Alternative Harvest ETF

Fund Details

Data as of: N/A
Ticker MJ®
Inception
12/03/2015
Primary Exchange NYSE Arca
CUSIP 032108631
Net Assets N/A
Shares Outstanding N/A
# of Holdings (view all holdings) N/A
Expense Ratio: 0.75%

Index Details

Index NamePrime Alternative Harvest Index
Index TickerHARVEST
Index ProviderPrime Indexes
Weighting MethodologyProprietary Weighting
Rebalance FrequencyQuarterly
Index Websiteprimeindexes.com

Why Invest in MJ?

  • Access Global Cannabis Industry: The first U.S. ETF to target the global cannabis industry.1
  • Transforming Medical Treatments: There are many other significant applications for cannabis and THC-based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management.
  • Discover Worldwide Growth Potential: The global cannabis market is expected to show an annual growth rate (CAGR 2024-2028) of 14.06%, resulting in a market volume of USD $102.9 billion by 2028.2

Objective and Strategy

MJ seeks investment results that generally correlate (before fees and expenses) to the total return performance of the Prime Alternative Harvest Index. MJ tracks a portfolio of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives.

NAV and Market Price

Data as of: N/A
Previous Day's NAV Previous Day's Market Price
Net Asset Value N/A Closing Price N/A
Daily Change N/A Daily Change N/A
% Daily Change N/A % Daily Change N/A
30-Day Median Bid/Ask Spread N/A Premium/Discount % N/A
Premium Discount History

Daily Price/NAV Performance

Data as of: N/A
 

Fund Holdings

Data as of: N/A
TOP 10 HOLDINGS

Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.

Sector Allocation

Data as of: N/A

Country Allocation

Data as of: N/A

Market Capitalization

Data as of: N/A
LARGE CAP (> $10B): N/A
MID CAP ($2B - $10B): N/A
SMALL CAP ($300M - < $2B): N/A

Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.

Performance

  CUMULATIVE (%) ANNUALIZED (%)  
  1 Mo. 3 Mo. 6 Mo. YTD Since Inception
(12/03/15)
1 Yr. 3 Yr. 5 Yr. Since Inception
(12/03/15)
Month end as of TBD
Fund NAV N/A N/A N/A N/A N/A N/A N/A N/A N/A
Closing Price N/A N/A N/A N/A N/A N/A N/A N/A N/A
Prime Alternative Harvest Index N/A N/A N/A N/A N/A N/A N/A N/A N/A
Quarter end as of TBD
Fund NAV N/A N/A N/A N/A N/A N/A N/A N/A N/A
Closing Price N/A N/A N/A N/A N/A N/A N/A N/A N/A
Prime Alternative Harvest Index N/A N/A N/A N/A N/A N/A N/A N/A N/A

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Brokerage commissions will reduce returns. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price or market price is the most recent price at which the fund was traded.

Premium/Discount

Data as of: N/A
 

The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund's daily net asset value ("NAV"). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.

Calendar Year Calendar Year through
Days traded at premium N/A N/A
Days traded at net asset value N/A N/A
Days traded at discount N/A N/A

MJ Distributions

EX-DATERECORD DATEPAYABLE DATEAMOUNT

2016

2017

2018

2019

2020

2021

2022

2023

2024

03/26/24 03/27/24 03/28/24
06/27/24 06/27/24 06/28/24
09/27/24 09/27/24 09/30/24
12/30/24 12/30/24 12/31/24

There is no guarantee that distributions will be made.

1 First-to-market claim is based on a review of industry data as of December 2, 2015. No information to the contrary has come to our attention to date, for more information or inquiries about this claim, please contact info@amplifyetfs.com

2 Statista US Cannabis Outlook
CAGR is the compound annual growth rate.

Prior to 1/29/24, the Amplify Alternative Harvest ETF was formerly the ETFMG Alternative Harvest ETF.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Narrowly focused investments typically exhibit higher volatility. The possession and use of marijuana, even for medical purposes, is illegal under federal and certain states’ laws, which may negatively impact the value of the Fund’s investments. Use of marijuana is regulated by both the federal government and state governments, and state and federal laws regarding marijuana often conflict. Even in those states in which the use of marijuana has been legalized, its possession and use remains a violation of federal law. Federal law criminalizing the use of marijuana pre-empts state laws that legalize its use for medicinal and recreational purposes. Cannabis companies and pharmaceutical companies may never be able to legally produce and sell products in the United States or other national or local jurisdictions.

The Fund’s investments will be concentrated in an industry or group of industries to the extent that the Index is so concentrated. In such event, the value of the 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 consumer staples sector may be affected by the permissibility of using various product components and production methods, marketing campaigns and other factors affecting consumer demand. Tobacco companies, in particular, may be adversely affected by new laws, regulations and litigation. The consumer staples sector may also be adversely affected by changes or trends in commodity prices, which may be influenced or characterized by unpredictable factors.

Amplify Investments LLC is the Investment Adviser to the Fund, and Toroso Investments, LLC serves as the Investment Sub-Adviser.

Amplify ETFs are distributed by Foreside Fund Services, LLC.

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