YOLO
AdvisorShares Pure Cannabis ETF
📎 Investment Objective
The AdvisorShares Pure Cannabis ETF (YOLO) seeks to provide investors with capital appreciation by investing in a portfolio of companies that are engaged in the cannabis industry.
Overview
ETF tracking AdvisorShares Pure Cannabis ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The AdvisorShares Pure Cannabis ETF (YOLO) seeks to provide investors with capital appreciation by investing in a portfolio of companies that are engaged in the cannabis industry.
🎯 Investment Strategy
The ETF invests primarily in companies that are legally engaged in the cannabis industry, including companies involved in the production, growth, and distribution of cannabis and cannabis-related products. The fund uses a multi-manager strategy, with the sub-advisors selecting securities they believe will provide capital appreciation.
✨ Key Features
- Exposure to the emerging cannabis industry
- Multi-manager approach to security selection
- Actively managed fund that aims to outperform the broader cannabis market
- High risk/high potential return profile
⚠️ Primary Risks
- Significant volatility and speculative nature of the cannabis industry
- Regulatory risks as cannabis laws and policies continue to evolve
- Concentration risk as the fund is focused on a single industry
- Liquidity risks due to the relatively small size of the fund
👤 Best For
This ETF is best suited for experienced, risk-tolerant investors who are looking to gain exposure to the potentially high-growth cannabis industry and are willing to accept the heightened volatility and risks associated with this sector.