GAST

Gabelli Automation ETF

$31.95

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Gabelli Automation ETF (GAST) seeks to provide long-term capital appreciation by investing in companies that are positioned to benefit from the growth of automation and robotics technologies.

Overview

ETF tracking Gabelli Automation ETF

Category Consumer Discretionary

Issuer Other

Inception Date 2022-01-05

Market Cap $6.4M

Average Volume N/A

Dividend Yield 0.63%

52-Week Range $22.69 - $33.01

VWAP $31.94

Performance

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Investment Summary

📎 Investment Objective

The Gabelli Automation ETF (GAST) seeks to provide long-term capital appreciation by investing in companies that are positioned to benefit from the growth of automation and robotics technologies.

🎯 Investment Strategy

The fund invests primarily in U.S. and non-U.S. equity securities of companies that are involved in the development, production, or use of automation and robotics technologies. The portfolio manager uses a bottom-up, fundamental research approach to identify companies that are well-positioned to capitalize on the increasing adoption of automation across various industries.

✨ Key Features

Focuses on companies involved in automation and robotics technologies
Diversified portfolio across sectors and market capitalizations
Actively managed by experienced portfolio managers
Low expense ratio of 0.00%

⚠️ Primary Risks

Equity market risk: The value of the fund's holdings may decline due to general market conditions
Sector concentration risk: The fund's performance may be more volatile due to its focus on the automation and robotics sector
Foreign investment risk: Investments in non-U.S. companies may be subject to additional risks, such as currency fluctuations and political instability
Liquidity risk: The fund may have difficulty selling certain holdings, which could affect performance

👤 Best For

The Gabelli Automation ETF may be suitable for long-term investors seeking exposure to the growth of automation and robotics technologies, and who are willing to accept the higher level of risk associated with a sector-focused fund.