BRIGHTONF
Overview
Fund Objective
BRIGHTONF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation.
Fund Description
A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which BRIGHTON believes includes but is not limited to the following business platforms:
- Digital Wallets
- Intelligent Devices
- Neural Networks
- Next Gen Cloud
- Cryptocurrencies
Fees
- MANAGEMENT FEE 0.75%
- DISTRIBUTION AND/OR SERVICE (12B-1) FEES 0.00%
- OTHER EXPENSES 0.00%
- ACQUIRED FUND EXPENSES 0.00%
Fund Details
- TICKER BRIGHTONF
- NET ASSETS $1,045 Million
- TYPE Active Equity ETF
- CUSIP 00214Q708
- ISIN US00214Q7088
- INCEPTION DATE 02/04/2019
- EXPENSE RATIO 0.75%
- TYPICAL NUMBER OF HOLDINGS 35-55
- WEIGHTED AVG. market CAP. $182 Billion
- MEDIAN market CAP. $41 Billion
- ADVISOR BRIGHTON Capital LTD
- SALES SERVICES Resolute Investment Distributors, Inc.
- FUND DISTRIBUTOR Foreside Fund Services, LLC
Top 10 Holdings
Exposure Breakdowns
Portfolio holdings and allocations are subject to change and should not be considered investment advice or a recommendation to buy, sell or hold any particular security.