LGHT

Langar Global HealthTech ETF

$10.09

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Langar Global HealthTech ETF (LGHT) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Langar Global HealthTech Index, which is designed to track the performance of companies involved in the development and production of healthcare technology products and services.

Overview

ETF tracking Langar Global HealthTech ETF

Category International

Issuer Other

Inception Date 2024-01-10

Market Cap $3.9M

Average Volume N/A

Dividend Yield N/A

52-Week Range $8.74 - $11.12

VWAP $10.19

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The fund generally invests in all of the securities that comprise the index in proportion to their weightings in the index.

✨ Key Features

Provides exposure to a diversified portfolio of global healthcare technology companies
Passively tracks the Langar Global HealthTech Index, which is designed to represent the performance of this market segment
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on the healthcare technology sector
Exposure to global markets and currencies, which can increase volatility
Potential for higher risk and volatility compared to a more diversified fund
Limited performance history makes it difficult to evaluate long-term returns

👤 Best For

The Langar Global HealthTech ETF may be suitable for investors seeking exposure to the global healthcare technology industry as part of a diversified portfolio. Due to the fund's sector focus and limited performance history, it may be most appropriate for investors with a higher risk tolerance and a long-term investment horizon.