GPZ
VanEck Alternative Asset Manager ETF
📎 Investment Objective
The VanEck Alternative Asset Manager ETF (GPZ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MVIS Global Alternative Managers Index, which is intended to track the overall performance of companies engaged in alternative asset management activities.
Overview
ETF tracking VanEck Alternative Asset Manager ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck Alternative Asset Manager ETF (GPZ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MVIS Global Alternative Managers Index, which is intended to track the overall performance of companies engaged in alternative asset management activities.
🎯 Investment Strategy
The ETF invests in a portfolio of publicly traded companies that derive a significant portion of their revenue from alternative asset management activities, such as hedge funds, private equity, real estate, and other non-traditional investment strategies. The fund seeks to replicate the performance of the underlying index through direct investment in the component securities.
✨ Key Features
- Provides exposure to the alternative asset management industry
- Diversified portfolio of publicly traded companies engaged in alternative investments
- Seeks to track the performance of the MVIS Global Alternative Managers Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry
- Volatility risk as alternative asset managers can experience significant price swings
- Liquidity risk as some underlying holdings may have limited trading volume
- Market risk as the fund's performance is tied to the overall stock market
👤 Best For
The VanEck Alternative Asset Manager ETF may be suitable for investors seeking exposure to the alternative asset management industry as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potentially higher volatility associated with this sector.
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