RP Financials ETF
| Fund Details |
| Ticker |
RFF |
| IOPV* |
RFF.IV |
| CUSIP |
384742607 |
| Inception Date |
10/02/2009 |
| Exchange |
NYSE Arca |
| Net Expense Ratio |
0.89% |
| Gross Expense Ratio |
0.89% |
| Benchmark |
S&P Financial |
Objective
Long-term capital appreciation.
Strategy
RP Financials ETF seeks long-term capital appreciation by investing at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of financial services companies.
| Profile as of 07/30/2010 |
| Shares Outstanding |
100,010 |
| Total Net Assets |
$2,506,356.18 |
| Fund Data as of 07/30/2010 |
| NAV |
$25.06 |
| Market Price† |
$25.01 |
| Premium / Discount |
-0.20% |
| Bid / Ask Midpoint |
$25.01 |
| Last Trade Price |
$25.00 |
| Volume |
1,000 |
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.
S&P Financial - An index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe. It is not an investment product available for purchase.
Sector ETFs are also subject to sector risk and non-diversification, which will result in greater price fluctuations than the overall market.
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.
