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MJ®

ETFMG Alternative Harvest ETF

News Alert

MJ Declares Quarterly Dividend of 6.42%

About MJ®

MJ® tracks the Prime Alternative Harvest Index, designed to measure the performance of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives.

  • First U.S. and world’s largest ETF to target the global cannabis industry.
  • Many other significant applications for cannabis and THC based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management.
  • The global cannabis market is expected to grow at a CAGR of around 17% and reach $55.8 billion by 2025.¹

Sources: https://medicalmarijuana.procon.org/view.resource.php?resourceID=000881

https://disa.com/map-of-marijuana-legality-by-state/

The above map is intended to show U.S. states that have passed legislation to legalize the use of either recreational or medicinal marijuana. Prospective investors should understand the possession and use of marijuana, even for medical purposes, is still illegal under federal law. Even in those states in which the use of marijuana has been legalized, its possession and use remains a violation of federal law. The Fund does not invest in any U.S. or foreign company whose business activities are illegal under any applicable federal or state law.

 

¹ The Fund does not invest in any U.S. or foreign company whose business activities are illegal under any applicable federal or state law.

Prime Indexes

Prime Indexes creates financial indexes that solve problems for both professional and self-directed investors. Prime Indexes are used as the basis for innovative new investment solutions for investors and use intuitive design principles so that new investment products can ultimately provide low-cost, efficient, and convenient access.

For more information, visit primeindexes.com

Jason Wilson – ETFMG Cannabis Research and Banking Expert

With over 15 years of experience in the asset management, finance and structured product space, Jason has a track record of bringing hard-to-access asset classes to market.

Jason has held leadership and senior positions at several leading financial institutions. Most recently, Jason was Senior Vice President at INFOR Financial Inc. INFOR is a leading boutique investment bank based in Toronto, Canada that has worked in connection with a number of companies in the legal cannabis industry, including acting as advisor to Canopy Growth Corporation in connection with entering into its strategic relationship with Constellation Brands.

Jason has also worked at the investment banking divisions of Société Générale, France’s third largest bank, and at CIBC, one of the five largest banks in Canada.  While at Société Générale and CIBC, Jason provided asset managers and financial institutions with various capital raising, financing and risk mitigation solutions and strategies.

Jason has an LLB from the University of Western Ontario. Prior to completing his university studies, Jason was a member of the Canadian Forces and is a recipient of the Gulf of Kuwait Medal, awarded for his engagement in direct combat during the Gulf War in 1991.

In the Media

Daily Basket File

Creation and Redemption orders for MJ® are placed through Bloomberg BSKT. Authorized Participants and Institutional Investors should contact ETF Managers Group trade desk:

Telephone: 908-897-0511
E-mail: [email protected]

*For Cash Creation Orders: Cash Creation Orders can be called in between 4:00 pm ET and 5:00 pm ET and will receive a NAV based on the next day’s market-on-close price.

Daily Basket File

Important reference file for PCF

 

Related Funds
Fund Summary
Fund Inception 1
12/03/2015
Ticker
MJ
AUM as of 10/20/2020
$590,369,843
CUSIP
26924G508
ISIN
US26924G5080
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Security Lending Income 2
5.50%
Intraday NAV (IIV)
MJ.IV
NAV Symbol
MJ.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 3
37
Index Ticker
HARVEST
30-Day SEC Yield
as of 09/30/2020
2.99%
Fund Documents
Research

Fund Prices

Last Updated 10/20/2020

Fund Name

ETFMG Alternative Harvest ETF

NAV

11.46

Nav Price Change

0.35

Symbol

MJ

Market Price Close

11.52

Market Price Changes

0.32

Premium/Discount (%)

-0.01


Month End Performance

Last Updated 09/30/2020

NAV% Market Value%
Cumulative    
1 Month -16.25 -16.38
3 Months -17.82 -17.81
6 Months -4.42 -6.01
YTD -36.34 -36.39
Since Inception Cumulative -43.77 -45.79
Annual    
1 Year -46.83 -46.65
3 Year -27.68 -27.78
5 Year - -
Since Inception Annualized -11.24 -11.91

Quarter End Performance

Last Updated 09/30/2020

NAV% Market Value%
Cumulative    
1 Month -16.25 -16.38
3 Months -17.82 -17.81
6 Months -4.42 -6.01
YTD -36.34 -36.39
Since Inception Cumulative -43.77 -45.79
Annual    
1 Year -46.83 -46.65
3 Year -27.68 -27.78
5 Year - -
Since Inception Annualized -11.24 -11.91

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).


Top 10 Holdings

Last Updated 10/20/2020

Name % Total Assets Ticker Shares Held Market Value USD
CANOPY GROWTH CO9.46%CGC2,819,284$55,850,016.04
CRONOS GROUP INC7.68%CRON7,885,510$45,341,682.50
TILRAY INC-CL 27.64%TLRY6,963,855$45,125,780.40
GW PHARM-ADR6.58%GWPH404,252$38,836,489.64
HEXO CORP5.01%HEXO38,108,474$29,587,419.21
ORGANIGRAM HOLDI4.34%OGI20,477,791$25,597,238.75
APHRIA INC4.22%APHA5,329,171$24,940,520.28
AURORA CANNABIS3.97%ACB4,974,157$23,428,279.47
ARENA PHARMACEUT3.65%ARNA277,685$21,531,694.90
VECTOR GROUP LTD3.38%VGR1,960,663$19,939,942.71

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

Premium Discount Chart
News Alert

MJ Declares Quarterly Dividend of 6.42%

Related Funds
Fund Summary
Fund Inception 1
12/03/2015
Ticker
MJ
AUM as of 10/20/2020
$590,369,843
CUSIP
26924G508
ISIN
US26924G5080
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Security Lending Income 2
5.50%
Intraday NAV (IIV)
MJ.IV
NAV Symbol
MJ.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 3
37
Index Ticker
HARVEST
30-Day SEC Yield
as of 09/30/2020
2.99%
Fund Documents
Research

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