"The Company believes its stock is undervalued and therefore buys back shares of GROW stock when the price is flat or down from the previous trading day," says
The Company is also pleased to announce that its gold equity ETF, the
"I couldn't be happier with how well GOAU performed in 2023 relative to its peers,"
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Please carefully consider a fund's investment objectives, risks, charges, and expenses. For this and other important information, obtain a statutory and summary prospectus for GOAU by clicking here. Read it carefully before investing.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Because the fund concentrates its investments in specific industries, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries. The fund is non-diversified, meaning it may concentrate more of its assets in a smaller number of issuers than diversified funds.
The fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. The fund may invest in the securities of smaller-capitalization companies, which may be more volatile than funds that invest in larger, more established companies.
The performance of the fund may diverge from that of the index. Because the fund may employ a representative sampling strategy and may also invest in securities that are not included in the index, the fund may experience tracking error to a greater extent than funds that seek to replicate an index.
The fund is not actively managed and may be affected by a general decline in market segments related to the index. Gold, precious metals and precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals and precious minerals are subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than 5% to 10% of your portfolio in these sectors.
Morningstar rankings are based on a fund's average annual total return relative to all funds in the same Morningstar category. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The Fund was ranked 8% among 69 funds for the 1-year period, 15% among 67 funds for the 3-year period and 26% among 63 funds for the 5-year period as of 12/31/23. Past performance is no guarantee of future results.
Fund holdings and allocations are subject to change at any time. Click to view fund holdings for GOAU.
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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. A smart-beta ETF is a type of exchange-traded fund that uses a rules-based system for selecting investments to be included in the fund.
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