Grail American Beacon Large Cap Value ETF
| Fund Details |
| Ticker |
GVT |
| IOPV* |
GVT.IV |
| CUSIP |
384742102 |
| Inception Date |
05/04/2009 |
| Exchange |
NYSE Arca |
| Net Expense Ratio |
0.79% |
| Gross Expense Ratio |
0.85% |
| Benchmark |
Russell 1000 Value Index |
Overview
Multi-manager ETF seeking long-term appreciation and current income primarily through investments in large market capitalization U.S. stocks. Subadvisors: Brandywine Global Investment Management, LLC, Hotchkis and Wiley Capital Management, LLC and Metropolitan West Capital Management, LLC "MetWest".
Objective
Long-term capital appreciation and current income.
Strategy
The Fund seeks to achieve its objective primarily through investment in U.S. companies with market capitalizations similar to the market capitalization of the companies in the Russell 1000® Index at the time of investment.
Investment Style
Primary emphasis on undervalued securities with above-average earnings growth expectations.
| Profile as of 07/30/2010 |
| Shares Outstanding |
50,022 |
| Total Net Assets |
$1,573,628.30 |
| Fund Data as of 07/30/2010 |
| NAV |
$31.46 |
| Market Price† |
$31.46 |
| Premium / Discount |
- |
| Bid / Ask Midpoint |
$31.46 |
| Last Trade Price |
$31.26 |
| Volume |
200 |
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Recent month end performance data.
†Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
*A calculation disseminated by the stock exchange that approximates the Fund's NAV every 15 seconds throughout the trading day.
The Russell 1000 Value Index measures the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000 companies with lower price-to-book ratios and lower expected growth values. It is not an investment product available for purchase.
There are risks involved with investing in ETFs including the loss of money. Additional information regarding the risks of this investment is available in the disclosure.
The ETFs are new and have limited operating history.
Shares are not individually redeemable. Investors buy and sell shares on a secondary market. Only market makers or “authorized participants” may trade directly with the Fund(s), typically in blocks of 50,000 shares.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. The Prospectus
contains this and other information. For more complete information about the Grail American Beacon ETFs or to obtain a Prospectus, call (415) 677-5870. For more complete information about the McDonnell ETFs or to obtain a Prospectus, call (415) 677-5870. For more complete information about the RiverPark ETFs or to obtain a Prospectus, call (212) 484-2100. Please read the Prospectus carefully before investing.
Grail American Beacon Large Cap Value ETF, Grail McDonnell Intermediate Municipal Bond ETF, Grail McDonnell Core Taxable Bond ETF, RP Growth ETF, RP Focused Large Cap Growth ETF, RP Technology ETF and RP Financials ETF are distributed by ALPS Distributors, Inc.
ALPS Distributors, Inc. is not affiliated with the Sub-Advisors Brandywine Global Investment Management, LLC, Hotchkis and Wiley Capital Management, LLC, Metropolitan West Capital Management, LLC "MetWest", Wedgewood Partners, RiverPark Capital or McDonnell Investment Management, LLC.
© 2009-2010 Grail Advisors, LLC - All rights reserved.
