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 |
|---|---|---|---|---|
| SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 5.61% |
| DKNG | DraftKings Inc | Consumer Cyclical | Gambling | 5.02% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 4.81% |
| CCL | Carnival Corporation | Consumer Cyclical | Travel Services | 4.78% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 4.39% |
| ULTA | Ulta Beauty Inc | Consumer Cyclical | Specialty Retail | 3.99% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 3.95% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 3.94% |
| EL | EssilorLuxottica S. A. | Healthcare | Medical Instruments & Supplies | 3.86% |
| ALL | The Allstate Corporation | Financial Services | Insurance - Property & Casualty | 3.86% |
| WIX | Wix.Com Ltd | Technology | Software - Infrastructure | 3.77% |
| LVS | Las Vegas Sands Corp | Consumer Cyclical | Resorts & Casinos | 3.58% |
| TJX | The TJX Companies Inc | Consumer Cyclical | Apparel Retail | 3.12% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 3.00% |
| WRBY | Warby Parker Inc | Healthcare | Medical Instruments & Supplies | 2.93% |
| MAR | Marriott International Inc | Consumer Cyclical | Lodging | 2.77% |
| ULVR | Unilever PLC | Consumer Defensive | Household & Personal Products | 2.75% |
| MTCH | Match Group Inc | Communication Services | Internet Content & Information | 2.72% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 2.60% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 2.59% |