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 | 6.69% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 5.94% |
| CCL | Carnival Corporation | Consumer Cyclical | Travel Services | 4.77% |
| DKNG | DraftKings Inc | Consumer Cyclical | Gambling | 4.56% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 4.51% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 3.91% |
| EL | EssilorLuxottica S. A. | Healthcare | Medical Instruments & Supplies | 3.91% |
| ULTA | Ulta Beauty Inc | Consumer Cyclical | Specialty Retail | 3.70% |
| ULVR | Unilever PLC | Consumer Defensive | Household & Personal Products | 3.58% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 3.54% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 3.14% |
| TJX | The TJX Companies Inc | Consumer Cyclical | Apparel Retail | 2.82% |
| MAR | Marriott International Inc | Consumer Cyclical | Lodging | 2.77% |
| GE | GE Aerospace | Industrials | Aerospace & Defense | 2.70% |
| DLTR | Dollar Tree Inc | Consumer Defensive | Discount Stores | 2.69% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 2.60% |
| MTCH | Match Group Inc | Communication Services | Internet Content & Information | 2.56% |
| WIX | Wix.Com Ltd | Technology | Software - Infrastructure | 2.43% |
| MONC | Moncler SpA | Consumer Cyclical | Apparel Manufacturing | 2.19% |
| ZTS | Zoetis Inc | Healthcare | Drug Manufacturers - Specialty & Generic | 2.04% |