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MicroSectors Cannabis 2X Leveraged ETN Fund (MJO) RSS Feed

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Created
03/20/20
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Cannabis Overview The Indxx MicroSectors™ Cannabis Index Exchange Traded Notes are linked to the performance of the Indxx MicroSectors™ North American Cannabis Index. The leveraged ETN (MJO), offers investors a return based on changes in the level of the Indxx MicroSectors™ North American Cannabis Index on a compounded basis on each Index Business Day (as defined in the applicable pricing supplement), before taking into account fees. The leveraged ETN has a leverage factor of 2 that is reset on each Index Business Day. This fact sheet relates to separate ETN offerings. Each issue of the ETNs is linked to one, and only one, ETN below. The leveraged ETN seeks a return on the underlying index for a single Index Business Day. The leveraged ETNs are not “buy and hold” investments, and should not be expected to provide its respective leveraged return of the underlying index’s cumulative return for periods greater than one Index Business Day. What Is the Indxx MicroSectors™ North American Cannabis Index The Indxx MicroSectors™ North American Cannabis Index (the “Index”) includes North American stocks designed to track the performance of companies that provide products or services related to the medical or industrial use of cannabis or cannabis related products. The Index’s underlying composition is market cap weighted, liquidity adjusted, and has a single security cap of 9.9% to prevent over concentration in a handful of stocks. More information about the Index can be found here. What Is MicroSectors™ MicroSectors™ provide concentrated exposure to investable market segments that heavily influence many investor portfolios. Developed as high-impact trading and hedging instruments, MicroSectors™ ETNs are designed to give investors precise exposure to popular niches of the market. MicroSectors™ is a REX Shares product. For more information, visit www.microsectors.com.

INDXX MICROSECTORS™ NORTH AMERICAN CANNABIS INDEX COMPONENTS*
The Indxx MicroSectors™ North American Cannabis Index is designed to track the performance of companies that provide products or services related to the medical or industrial use of cannabis or cannabis related products. The Index includes a quarterly IPO review for new issuances and a quarterly review for stocks facing potential regulatory bars to engaging in the cannabis industry. The Index selects constituents from five key sub-themes: Cultivator, Pharmaceuticals, Testing & Analytics, Industrial Hemp, and Ancillary. Companies are screened as either pure play or quasi play, depending on the percentage of revenue that is derived from cannabis or cannabis related products. 
 
CANNABIS INDEX
 
Components as of 1/24/2020.
9.90% Aphria
9.87% Mettler-Toledo Int
9.79% Village Farms International
9.76% Green Organic Dutchman
9.11% PerkinElmer
6.78% Cronos Group
6.60% Innovative Industrial Proper
6.44% Origanigram Holdings
 
PERFORMANCE
5.29% HEXO Corp 
5.28% Aurora Cannabis
4.67% Zynerba Pharmaceuticals
3.72% Tilray
2.46% AbbVie
2.41% Scotts Miracle-Gro
1.75% Thermo Fisher Scientific
1.72% Agilent Technologies
1.02% Arena Pharmaceauticals
0.89% Canopy Growth
0.72% Bruker Corp 
0.53% Catalent
0.51% Cara Therapeutics
0.47% Waters Corp
0.33% Corbus Pharmaceuticals
 

Email: info@rexshares.com

Phone: 203-557-6201

1261 Post Road 

Fairfield, CT 06824

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