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About TrueShares Technology, AI & Deep Learning ETF
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Inception date
Feb 28, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Truemark Investments LLC
Distributor
Foreside Fund Services LLC
LRNZ is an actively managed, concentrated portfolio of global stocks focused on the development and utilization of artificial intelligence, machine learning, or other deep learning technologies. The fund holds 20-30 mostly large-cap stocks that derive at least half their revenue or are determined to have a competitive advantage, in such technologies. Stocks are classified as secular growth, a cyclical growth business, or IPO. The fund advisor selects the portfolio based on individual value and growth prospects. Secular growth stocks are expected to have the greatest number of holdings, which the advisor anticipates utilizing a buy-and-hold strategy. Cyclical growth businesses are screened using fundamental analysis, to potentially buy shares at the bottom of a cycle and sell at the peak. Positions in selected IPOs are built over four to six months following the IPO. LRNZ caps industry exposure at 25%. Prior to May 18, 2020, the fund name was TrueMark Technology, AI & Deep Learning.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stocks99.43%
Technology Services65.75%
Electronic Technology15.77%
Health Technology13.01%
Retail Trade4.85%
Bonds, Cash & Other0.57%
Mutual fund0.62%
Cash−0.05%
Stock breakdown by region
North America94.55%
Europe5.45%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LRNZ invests in stocks. The fund's major sectors are Technology Services, with 65.78% stocks, and Electronic Technology, with 15.78% of the basket. The assets are mostly located in the North America region.
LRNZ top holdings are CrowdStrike Holdings, Inc. Class A and Cloudflare Inc Class A, occupying 11.32% and 11.23% of the portfolio correspondingly.
LRNZ assets under management is 33.25 M USD. It's risen 11.95% over the last month.
LRNZ fund flows account for −13.16 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
LRNZ shares are issued by Truemark Group LLC under the brand TrueShares. The ETF was launched on Feb 28, 2020, and its management style is Active.
LRNZ expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
LRNZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LRNZ invests in stocks.
LRNZ price has risen by 14.92% over the last month, and its yearly performance shows a 11.43% increase. See more dynamics on LRNZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 13.13% over the last month, showed a 18.05% increase in three-month performance and has increased by 12.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 13.13% over the last month, showed a 18.05% increase in three-month performance and has increased by 12.33% in a year.
LRNZ trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.