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MJIN

ETFMG 2x Daily Inverse Alternative Harvest ETF

About MJIN™

MJIN™ seeks the daily investment results, before fees and expenses, of -200% of the performance of the Prime Alternative Harvest Index, designed to give exposure to companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives.

  • This leveraged ETF seeks a return that is -200% the return of its benchmark index for a single day. The Fund should not be expected to provide -2x the return of the benchmark’s cumulative return for periods greater than a day. There is no guarantee the Fund will meet its stated investment objective.
  • 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.
  • The global cannabis market is expected to grow at a CAGR of 26.7% and reach $70.6B by 2028.4

Why Invest in a Leveraged ETF?

  • Short-term trading seeking to magnify/capitalize on daily market movements.
  • Can be used either as a hedging vehicle or in some arbitrage strategies.
  • More efficient way of capital deployment to gain exposure.

About the Fund

The ETFMG 2x Daily Inverse Alternative Harvest ETF (MJIN™) seeks daily investment results, before fees and expenses, that correspond to negative two times (-2x) or (two times the opposite) of the return of the Prime Alternative Harvest Index (the “Index”) for a single day, not for any other period. The Index is designed to provide a benchmark for investors interested in benefitting from the global cannabis industry, including both medicinal and recreational legalization initiatives.

About the Index

The Prime Alternative Harvest Index (the “Index”) has been created to provide investors with a product that enables them to take advantage of both event-driven news and long-term trends in the cannabis industry as well as the industries likely to be influenced by the medicinal and recreational cannabis legalization initiatives taking place globally. An investment cannot be made directly in an Index.

Investing in an ETFMG 2x Daily Leveraged ETF may be more volatile than investing in broadly diversified funds. The use of leverage by an ETF increases the risk to the ETF. The ETFMG 2x Daily Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment as frequently as daily. The Fund’s returns for periods longer than a single day will very likely differ in amount, and possibly even direction, from the Fund’s 2x the return of the Index for the same period. For periods longer than a single day, the Fund will lose money if the Index’s performance is flat, and it is possible that the Fund will lose money even if the level of the Index rises.

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 www.primeindexes.com.

Research
Fund Summary
Fund Inception
10/05/2021
Ticker
MJIN
AUM as of 8/9/2022 1
$2,849,799
CUSIP
26924G680
ISIN
US26924G6807
Stock Exchange
NYSE ARCA
Expense Ratio 2
0.95%
Intraday NAV (IIV)
MJIN.IV
NAV Symbol
MJIN.NV
Rebalance Frequency
Daily
Index Provider
Prime Indexes
Index Ticker
HARVEST
Income Data
30-Day SEC Yield
as of 8/9/2022 3
-0.46%
Fund Documents
Related Funds

Fund Prices

Last Updated 8/9/2022

Fund Name

ETFMG 2x Daily Inverse Alternative Harvest ETF

NAV

19.00

Nav Price Change

-2.21

Median Bid/Ask Spread (30 Day) (%)

6.76

Symbol

MJIN

Market Price Close

19.35

Market Price Changes

-1.87

Premium/Discount (%)

1.85


Month End Performance

Last Updated 07/31/2022

NAV% Market Value%
Cumulative    
1 Month -9.44 -8.00
3 Months 30.64 33.90
6 Months 58.07 60.69
YTD 73.13 77.42
Since Inception Cumulative 140.37 144.81
Annual    
1 Year - -
3 Year - -
5 Year - -
Since Inception Annualized - -

Quarter End Performance

Last Updated 06/30/2022

NAV% Market Value%
Cumulative    
1 Month 31.56 32.87
3 Months 120.29 121.45
6 Months 91.18 92.85
YTD 91.18 92.85
Since Inception Cumulative 165.43 166.09
Annual    
1 Year - -
3 Year - -
5 Year - -
Since Inception Annualized - -

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 Index Holdings

Last Updated 08-09-2022

Name % Total Assets Ticker
CRONOS GROUP INC9.08%CRON UQ Equity
TILRAY BRANDS INC8.65%TLRY UW Equity
CANOPY GROWTH CORP6.18%CGC UW Equity
INTERCURE LTD5.07%INCR UQ Equity
GROWGENERATION CORP4.59%GRWG UR Equity
ORGANIGRAM HOLDINGS INC.4.28%OGI UW Equity
SUNDIAL GROWERS INC4.28%SNDL UR Equity
SWEDISH MATCH AB4.20%SWMA SS Equity
AURORA CANNABIS INC4.17%ACB UW Equity
IMPERIAL BRANDS PLC3.33%IMB LN Equity

An Investment cannot be made directly in an index.

Research
Fund Summary
Fund Inception
10/05/2021
Ticker
MJIN
AUM as of 8/9/2022 1
$2,849,799
CUSIP
26924G680
ISIN
US26924G6807
Stock Exchange
NYSE ARCA
Expense Ratio 2
0.95%
Intraday NAV (IIV)
MJIN.IV
NAV Symbol
MJIN.NV
Rebalance Frequency
Daily
Index Provider
Prime Indexes
Index Ticker
HARVEST
Income Data
30-Day SEC Yield
as of 8/9/2022 3
-0.46%
Fund Documents
Related Funds

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