Invest in Longevity and the Aging Population
Thematic ETFs provide investors with the opportunity to invest in companies that could benefit from the transformational forces changing our future.
OLD - The Long-Term Care ETF
Invest in Longevity and the Aging Population
NAV
As of 08/16/19
$30.32
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Fund Facts
| Pricing Data (As of Market Close 08/16/19) | Yields and Expenses | Fund Details |
|---|---|---|
|
$30.67
Closing Market Price
$30.66
Bid/Ask Midpoint
$30.70
Day High
$30.27
Day Low
11,920
Trading Volume (Shares)
1.12%
Premium/Discount
0.70M
Shares Outstanding
|
1.99%
Distribution Yield at NAV
(As of 06/30/19)
30 Day SEC Yield
(As of 07/31/19)
3.51%
Quarterly
Distribution Frequency
$21.22M
Total Net Assets
(As of 08/16/19)
(As of fiscal year end 10/31/18)
Performance
(As of 08/16/19)
$30.32
NAV
(As of 08/16/19)
0.97%
NAV 1 Day Return
21.91%
NAV Year to Date
|
06/08/16
Inception Date
47103U407
CUSIP
Category
Real Estate
Morningstar (As of 07/31/2019)
OLDIV
Intraday Value (IOPV)
NASDAQ
Exchange
OLDID
Index Ticker
Primary Benchmark
Solactive Long-Term Care Index
Index Provider
Solactive AG
|
Creation Unit size is 100,000 shares.
Overview
ETF Objective
The Long-Term Care ETF (OLD) seeks investment results that correspond generally, before fees and expenses, to the performance of the Solactive Long-Term Care Index.
Client Commitment
Thematic ETFs provide investors with the opportunity to invest in companies that may benefit from the transformational forces changing our future. The Long-Term Care ETF seeks exposure to companies globally that are positioned to profit from providing long-term care to the aging population. These include companies owning or operating senior living facilities, nursing services, specialty hospitals or senior housing, as well as biotech companies for age-related illnesses and companies that sell products and services to such facilities.
Why Invest in the Fund
- An almost fourfold increase is predicted in the population age 85 and over from 2010 to 2050 – from 5.5 million to 19 million.
U.S. Census Bureau 5/2010 - The size and scope of the U.S. long-term care market is substantial, projected to reach $550 billion by 2024.
Research and Markets, 2017 - The strategy provides investors with the opportunity to invest in companies globally that are positioned to profit from providing long-term care to the aging population.
We are Living Longer
Long-Term Care Poised to be an Economic Driver
Targeted Thematic Exposure
Thematic investing goes beyond trendspotting to identify those transformative forces that could permanently alter our lives and behaviors, creating investment opportunities- opportunities that come from a new future shaped by meaningful change.
Featured Insights
Performance
RETURNS
| Inception: Jun 08, 2016 | 3M | YTD | 1YR | 3YR | 5YR | 10YR | Since Inception |
|---|---|---|---|---|---|---|---|
| NAV | 3.14% | 15.07% | 14.78% | 6.04% | - | - | 6.77% |
| Market Price | 3.03% | 14.65% | 14.86% | 6.02% | - | - | 6.80% |
| Solactive Long-Term Care Index | 3.16% | 15.21% | 15.21% | 6.53% | - | - | 7.26% |
| MSCI All Country World Index℠ | 3.61% | 16.23% | 5.74% | 11.62% | 6.16% | 10.15% | 10.51% |
| Inception: Jun 08, 2016 | 3M | YTD | 1YR | 3YR | 5YR | 10YR | Since Inception |
|---|---|---|---|---|---|---|---|
| NAV | 9.05% | 18.05% | 16.51% | 4.96% | - | - | 7.45% |
| Market Price | 10.01% | 18.21% | 17.46% | 4.89% | - | - | 7.65% |
| Solactive Long-Term Care Index | 9.13% | 18.24% | 16.91% | 5.45% | - | - | 7.95% |
| MSCI All Country World Index℠ | 0.52% | 16.57% | 2.95% | 10.17% | 6.48% | 9.25% | 10.31% |
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
FREQUENCY DISTRIBUTION OF PREMIUMS AND DISCOUNTS
| Market Price below NAV | Market Price equal to NAV | Market Price above NAV | |||||||
| Percent of Difference | < -1.50 | -1.49 to -1.00 | -0.99 to -0.50 | -0.49 to -0.01 | 0 | 0.01 to 0.49 | 0.50 to 0.99 | 1.00 to 1.49 | > 1.50 |
| Number of Days | 0 | 0 | 2 | 27 | 2 | 30 | 2 | 0 | 0 |
| Percent of Total Days | 0.00% | 0.00% | 3.17% | 42.86% | 3.17% | 47.62% | 3.17% | 0.00% | 0.00% |
DISTRIBUTION OVERVIEW
| EX-DATE | RECORD DATE | PAYABLE DATE | ORDINARY INCOME | SHORT-TERM CAPITAL GAINS | LONG-TERM CAPITAL GAINS | TOTAL DISTRIBUTION |
|---|---|---|---|---|---|---|
| 06/28/2019 | 07/01/2019 | 07/05/2019 | $0.134878 | $0.000000 | $0.000000 | $0.134878 |
| 03/29/2019 | 04/01/2019 | 04/04/2019 | $0.090458 | $0.000000 | $0.000000 | $0.090458 |
| 12/20/2018 | 12/21/2018 | 12/27/2018 | $0.22246 | $0.000000 | $0.000000 | $0.22246 |
| 09/28/2018 | 10/01/2018 | 10/04/2018 | $0.122581 | $0.000000 | $0.000000 | $0.122581 |
| 06/29/2018 | 07/02/2018 | 07/06/2018 | $0.117855 | $0.000000 | $0.000000 | $0.117855 |
| 03/29/2018 | 04/02/2018 | 04/05/2018 | $0.115151 | $0.000000 | $0.000000 | $0.115151 |
| 12/22/2017 | 12/26/2017 | 12/29/2017 | $0.195400 | $0.000000 | $0.000000 | $0.195400 |
| 09/29/2017 | 10/02/2017 | 10/05/2017 | $0.158562 | $0.000000 | $0.000000 | $0.158562 |
| 06/30/2017 | 07/05/2017 | 07/07/2017 | $0.099129 | $0.000000 | $0.000000 | $0.099129 |
| 03/31/2017 | 04/04/2017 | 04/06/2017 | $0.259132 | $0.000000 | $0.000000 | $0.259132 |
| 12/23/2016 | 12/28/2016 | 12/30/2016 | $0.260359 | $0.000000 | $0.000000 | $0.260359 |
| 9/30/2016 | 10/4/2016 | 10/6/2016 | $0.224181 | $0.000000 | $0.000000 | $0.224181 |
| 06/30/2016 | 07/05/2016 | 07/07/2016 | $0.034425 | $0.000000 | $0.000000 | $0.034425 |
Characteristics
Index represents the Solactive Long-Term Care Index.
TOP HOLDINGS(As of 08/16/2019) |
% of Fund |
|---|---|
| Welltower Inc | 19.34 |
| Ventas Inc | 14.51 |
| HCP Inc | 8.85 |
| Omega Healthcare Investors Inc | 4.32 |
| Amedisys Inc | 3.77 |
| Sabra Health Care REIT Inc | 3.76 |
| National Health Investors Inc | 3.64 |
| Orpea | 3.60 |
| LHC Group Inc | 3.58 |
| Ryman Healthcare Ltd | 3.50 |
PORTFOLIO CHARACTERISTICS(As of 08/16/19) |
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DEVELOPED VS. EMERGING MARKET(As of 08/16/19) |
% OF FUND |
|---|---|
| U.S. | 75.34 |
| Non-U.S. Developed | 24.54 |
| Cash & Equivalents | 0.12 |
SECTOR ALLOCATION(As of 08/16/19) |
% OF FUND |
|---|---|
| Real Estate | 65.89 |
| Health Care | 32.32 |
| Industrials | 1.67 |
| Cash & Equivalents | 0.12 |
MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS(As of 08/16/2019) |
% OF FUND |
|---|---|
| $10B to $50B | 42.68 |
| $5B to $10B | 7.92 |
| $1B to $5B | 40.81 |
| $500M to $1B | 4.83 |
| $250M to $500M | 0.91 |
| $100M to $250M | 0.39 |
| Under $100M | 0.08 |
| Cash & Equivalents | 0.12 |
| Other | 2.26 |
REGIONAL ALLOCATION(As of 08/16/19) |
% OF FUND |
|---|---|
| North America | 79.56 |
| Europe | 10.14 |
| Asia/Pacific Ex Japan | 6.98 |
| Japan | 2.98 |
| Africa/Mideast | 0.22 |
| Cash & Equivalents | 0.12 |