NYSE ARCA | ETF
Under normal market conditions, the fund will invest at least 80% of its total assets in equity securities issued byU. S. and foreign companies, including companies located in emerging markets, of any market capitalization, that are relevant to the theme of investing in the "Next Generation Connected Consumer".
The Managers consider "NextGen Consumer" companies to be those companies that in the Portfolio Managers" view are potential beneficiaries of the growing economic power of Generation Y and Z populations.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 5.83% |
| SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 5.33% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 5.02% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 4.97% |
| EL | EssilorLuxottica S. A. | Healthcare | Medical Instruments & Supplies | 4.60% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 4.25% |
| ALL | The Allstate Corporation | Financial Services | Insurance - Property & Casualty | 4.02% |
| DKNG | DraftKings Inc | Consumer Cyclical | Gambling | 3.96% |
| CCL | Carnival Corporation | Consumer Cyclical | Travel Services | 3.83% |
| ULTA | Ulta Beauty Inc | Consumer Cyclical | Specialty Retail | 3.31% |
| TJX | The TJX Companies Inc | Consumer Cyclical | Apparel Retail | 3.19% |
| WIX | Wix.Com Ltd | Technology | Software - Infrastructure | 2.91% |
| ULVR | Unilever PLC | Consumer Defensive | Household & Personal Products | 2.85% |
| LVS | Las Vegas Sands Corp | Consumer Cyclical | Resorts & Casinos | 2.83% |
| MTCH | Match Group Inc | Communication Services | Internet Content & Information | 2.80% |
| MAR | Marriott International Inc | Consumer Cyclical | Lodging | 2.77% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.75% |
| KDP | Keurig Dr Pepper Inc | Consumer Defensive | Beverages - Non-Alcoholic | 2.74% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 2.67% |
| MONC | Moncler SpA | Consumer Cyclical | Apparel Manufacturing | 2.62% |