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MJUS

ETFMG U.S. Alternative Harvest ETF

About MJUS

MJUSTM is designed to give investors exposure to cannabis companies operating in the United States, including multi-state operators (MSOs) directly involved in the cultivation, production, marketing and distribution of cannabis or cannabis-related products.

  • With 19 states and D.C. having legalized cannabis, MJUSTM has the potential to grow as U.S.-based companies benefit from the legalization and ease on rules and regulations.
  • As the largest cannabis market in the world, the U.S. is expected to reach $30 billion in legal sales in 2022 and continue to be a driving force in worldwide legalization.5
  • More consumers entering the market in states where cannabis is legal and a number of measures in place to liberalize federal regulation (i.e. de-scheduling, decriminalizing, the SAFE Act, States Act and More Act) are all factors driving growth in the U.S.

About the Fund

The U.S. Alternative Harvest ETF (MJUSTM) is a portfolio of companies that are active in the United States cannabis market. MJUSTM is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the “Cannabis Business” in the United States, and in derivatives that have economic characteristics similar to such securities.

About the Index

The Prime U.S. Alternative Harvest Index (the “Index”) is an Index of Prime Indexes, a division of Level ETF Ventures LLC. The Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of “U.S. Cannabis Companies.”

“U.S. Cannabis Companies” are classified as those that derive at least 50% of their net revenue in the United States. These companies are further defined as those that cultivate, produce, market or distribute the following: industrial hemp, products containing cannabis-derived products, prescription drugs or supplements or food products that include cannabis or cannabis-derived products, or provide products or services designed for, or used by, companies in the cannabis industry, including technology, real estate or financial services. An investment cannot be made directly in an Index.

As of January 2022. 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.

Sources:

 ProCon: Legal Medical & Recreational Marijuana States

 Map of Marijuana Legality by State

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.

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 adviser 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.

Research
Fund Summary
Fund Inception
5/12/2021
Ticker
MJUS
AUM as of 10/6/2022 1
$85,854,492
CUSIP
26924G755
ISIN
US26924G7557
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Intraday NAV (IIV)
MJUS.IV
NAV Symbol
MJUS.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 2
26
Index Ticker
USHRVST
Income Data
30-Day SEC Yield
as of 10/6/2022 4
3.99%
Security Lending Income 3
0.01
Fund Documents
Related Funds

Fund Prices

Last Updated 10/6/2022

Fund Name

ETFMG U.S. Alternative Harvest ETF

NAV

2.19

Nav Price Change

-0.08

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

1.17

Symbol

MJUS

Market Price Close

2.18

Market Price Changes

-0.11

Premium/Discount (%)

-0.26


Month End Performance

Last Updated 09/30/2022

NAV% Market Value%
Cumulative    
1 Month -24.59 -25.38
3 Months -11.91 -13.91
6 Months -56.14 -56.26
YTD -63.46 -63.57
Since Inception Cumulative -78.37 -78.44
Annual    
1 Year -71.97 -72.02
3 Year - -
5 Year - -
Since Inception Annualized -66.86 -66.93

Quarter End Performance

Last Updated 09/30/2022

NAV% Market Value%
Cumulative    
1 Month -24.59 -25.38
3 Months -11.91 -13.91
6 Months -56.14 -56.26
YTD -63.46 -63.57
Since Inception Cumulative -78.37 -78.44
Annual    
1 Year -71.97 -72.02
3 Year - -
5 Year - -
Since Inception Annualized -66.86 -66.93

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 10/6/2022

Name % Total Assets Ticker Shares Held Market Value USD
UNITED STATES TREAS BILLS 12/01/202227.37%912796P9423,500,000$23,500,000.00
INNOVATIVE INDL PPTYS INC22.93%IIPR213,673$19,689,966.95
UNITED STATES TREAS BILLS 11/25/202221.84%912796W7018,750,000$18,750,000.00
Curaleaf Holdings Inc TRS 05162216.09%CURLF2,970,100$13,810,965.00
Green Thumb Industries Inc TRS 05162214.08%GTBIF1,197,900$12,086,811.00
Verano Holdings Corp TRS 0516228.53%VRNOF1,670,100$7,323,221.49
Trulieve Cannabis Corp TRS 0516227.75%TCNNF754,400$6,650,036.00
UNITED STATES TREAS BILLS 12/08/20226.60%912796X615,692,000$5,662,256.45
Green Thumb Industries Inc TRS 0516225.00%GTBIF425,173$4,289,995.57
Cresco Labs Inc TRS 0516223.97%CRLBF1,287,100$3,410,815.00

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
Research
Fund Summary
Fund Inception
5/12/2021
Ticker
MJUS
AUM as of 10/6/2022 1
$85,854,492
CUSIP
26924G755
ISIN
US26924G7557
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Intraday NAV (IIV)
MJUS.IV
NAV Symbol
MJUS.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 2
26
Index Ticker
USHRVST
Income Data
30-Day SEC Yield
as of 10/6/2022 4
3.99%
Security Lending Income 3
0.01
Fund Documents
Related Funds

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