LRNZ
TrueShares Technology, AI and Deep Learning ETF
LRNZ seeks to provide total return by investing in an actively managed, concentrated portfolio of companies that are significantly involved in the application of high levels of artificial intelligence.
- Intends to serve as a more focused alpha seeking solution to complement traditional technology-based indices
- Targets companies with leading-edge artificial intelligence, machine learning, or deep learning technology platforms, algorithms, or applications that we believe may provide distinct competitive advantages in an industry historically characterized by a winner-take-all consolidation behavior.
- Portfolio construction begins with a multi-cap investment universe comprised of secular growth companies, cyclical growth companies, and newly public companies.
- Actively managed by highly credentialed artificial intelligence specialist with deep field experience and robust Silicon Valley network.
| FUND DETAILS | |
|---|---|
| Inception Date | February 28, 2020 |
| Fund Listing | March 2, 2020 |
| Primary Exchange | NYSE |
| Ticker | LRNZ |
| CUSIP | 53656F821 |
| IOPV Symbol | LRNZ.IV |
| NAV Symbol | LRNZ.NV |
| Expense Ratio | 0.68% |
| 30 Day SEC Yield * | -0.61% |
* As of 12/31/2020
| FUND DATA & PRICING | |
|---|---|
| Net Assets as of 01/22/2021 | $30.68m |
| NAV | $51.13 |
| Shares Outstanding | 600,000 |
| Premium/Discount Percentage | 0.08% |
| Closing Price | $51.17 |
| 30 Day Median Bid/Ask Spread | 0.27% |
Data as of 01/22/2021
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
| PERFORMANCE | Quarter end returns as of 12/31/2020 | ||||||
|---|---|---|---|---|---|---|---|
| AVG. ANNUALIZED | |||||||
| Quarter | 6 month | 1 Year | 3 Year | Since Inception | |||
| FUND NAV | 21.20 | 41.43 | 90.52 | ||||
| MARKET PRICE | 21.07 | 41.31 | 90.43 | ||||
| Nasdaq Composite Total Return Index | 15.63 | 28.62 | 51.53 | ||||
Expense ratio: 0.68%
As fund is less than a year old, Since Inception performance shown is cumulative. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes.
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds (“ETFs”) in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value (“NAV”) and are not individually redeemable from the fund. Call 877.774.TRUE for more information.
Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.
The NASDAQ Composite is a stock market index of the common stocks and similar securities listed on the NASDAQ stock market. The index measures the performance of all domestic and international based common type stocks listed on the NASDAQ Stock Market. It includes common stocks, ordinary shares, ADRs, shares of beneficial interest or limited partnership interests and tracking stocks. The index is market capitalization-weighted. The composition of the NASDAQ Composite is heavily weighted towards information technology companies.
| DISTRIBUTION DETAIL | |||
|---|---|---|---|
| EX-Date | Record Date | Payable Date | Amount |
| 12/22/2020 | 12/23/2020 | 12/24/2020 | 0.00 |
| TOP 10 HOLDINGS | |||||
|---|---|---|---|---|---|
| Percentage Of Net Assets | Name | TICKER | CUSIP | Shares Held | Market Value |
| 7.91 | CROWDSTRIKE HLDGS INC | CRWD | 22788C105 | 10853.00 | 2425862.56 |
| 7.69 | ZSCALER INC | ZS | 98980G102 | 10859.00 | 2360312.24 |
| 6.17 | TWILIO INC | TWLO | 90138F102 | 4827.00 | 1892232.27 |
| 5.30 | VARONIS SYS INC | VRNS | 922280102 | 8840.00 | 1626736.80 |
| 5.21 | UNITY SOFTWARE INC | U | 91332U101 | 10375.00 | 1598061.25 |
| 5.05 | Cash & Other | Cash&Other | Cash&Other | 1549219.88 | 1549219.88 |
| 5.00 | DATADOG INC | DDOG | 23804L103 | 14603.00 | 1533315.00 |
| 4.87 | ELASTIC N V | ESTC | N14506104 | 8836.00 | 1493990.88 |
| 4.74 | GUARDANT HEALTH INC | GH | 40131M109 | 9100.00 | 1455272.00 |
| 4.63 | RELAY THERAPEUTICS INC | RLAY | 75943R102 | 23071.00 | 1419558.63 |
Data as of 01/25/2021. Holdings are subject to change.