MSOS

AdvisorShares Pure US Cannabis ETF

$3.36
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The AdvisorShares Pure US Cannabis ETF (MSOS) seeks to provide investment results that correspond generally to the performance of the AdvisorShares Pure US Cannabis Index, which is designed to track the overall performance of companies involved in the U.S. cannabis and hemp ecosystem.

Overview

ETF tracking AdvisorShares Pure US Cannabis ETF

Category Other
Issuer Other
Inception Date 2020-09-02
Market Cap $597.5M
Average Volume N/A
Dividend Yield N/A
52-Week Range $2.06 - $5.57
VWAP $3.48

Performance

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Investment Summary

📎 Investment Objective

The AdvisorShares Pure US Cannabis ETF (MSOS) seeks to provide investment results that correspond generally to the performance of the AdvisorShares Pure US Cannabis Index, which is designed to track the overall performance of companies involved in the U.S. cannabis and hemp ecosystem.

🎯 Investment Strategy

The ETF invests primarily in U.S. exchange-listed companies that derive a substantial portion of their revenue from the cannabis and hemp marketplace. The fund uses a passive indexing approach, seeking to track the performance of the underlying index.

✨ Key Features

  • Provides exposure to U.S. cannabis and hemp companies
  • Utilizes a passive indexing strategy to track the AdvisorShares Pure US Cannabis Index
  • Invests in companies that derive a significant portion of their revenue from the U.S. cannabis and hemp industry
  • Aims to offer investors a diversified way to gain exposure to the emerging U.S. cannabis market

⚠️ Primary Risks

  • Investing in the cannabis industry carries significant risks due to the evolving regulatory environment and potential for volatility
  • The fund may have limited operating history and performance track record
  • Concentration risk as the fund invests primarily in the cannabis and hemp sector
  • Liquidity risk as the cannabis industry may have limited trading volume and market depth

👤 Best For

This ETF may be suitable for investors with a high-risk tolerance who are seeking exposure to the emerging U.S. cannabis and hemp industry. Investors should have a long-term investment horizon and be willing to accept the volatility and risks associated with this specialized sector.