Amplify Seymour Cannabis ETF (CNBS)

Overview

The Amplify Seymour Cannabis ETF (CNBS) is an actively managed ETF focused on investing in companies that are expected to benefit from the growth of the legal cannabis and hemp industries. It aims to capitalize on the evolving global cannabis market through strategic stock selection.

Reputation and Reliability

Amplify ETFs is known for offering thematic ETFs, including several focused on innovative sectors. While relatively new, they are building a reputation for specialized investment products.

Management Expertise

The management team combines financial expertise with a deep understanding of the cannabis industry, leveraging insights from sector specialists and industry leaders.

Goal

To seek long-term capital appreciation by investing in companies across the cannabis ecosystem.

Investment Approach and Strategy

Strategy: The ETF employs an active management strategy, selecting companies based on their potential to benefit from the cannabis and hemp industries' growth.

Composition The ETF primarily holds stocks of companies involved in cannabis cultivation, processing, distribution, retail, and related ancillary businesses. The fund may also invest in companies focused on cannabinoid-based pharmaceuticals.

Market Share: Data is unavailable to compute an accurate market share, as precise market share data within the cannabis ETF sector fluctuates and often requires proprietary data sources.

Total Net Assets (AUM): 24683792.84

Key Competitors

• AdvisorShares Pure Cannabis ETF (YOLO)
• ETFMG Alternative Harvest ETF (MJ)
• Global X Cannabis ETF (POTX)
• AdvisorShares Pure US Cannabis ETF (MSOS)

Competitive Landscape

The cannabis ETF market is highly competitive, with several players vying for market share. CNBS distinguishes itself through active management and a focus on companies aligned with Cy Seymour's insights. However, it faces stiff competition from larger, more established ETFs like MJ and MSOS, which have greater liquidity and brand recognition. Smaller AUM affects CNBS's competitive positioning, as it can impact trading volume and potential cost efficiencies.

Historical Performance: Historical performance data should be obtained from official fund fact sheets or financial data providers for accurate numerical values.

Benchmark Comparison: A relevant benchmark for comparison could be a broad cannabis industry index, although there isn't a universally accepted standard. Comparing CNBS's performance against a blended index of its key holdings' sectors would also provide insights.

Expense Ratio: 0.75

Average Trading Volume

The average daily trading volume for CNBS is moderate, indicating a degree of liquidity though not as high as larger ETFs.

Bid-Ask Spread

The bid-ask spread for CNBS may vary depending on market conditions, but generally reflects the fund's liquidity and investor demand.

Market Environment Factors

CNBS's performance is influenced by factors like regulatory changes in the cannabis industry, evolving consumer preferences, and broader economic conditions affecting the market.

Growth Trajectory

The growth trajectory of CNBS depends on the expansion of legal cannabis markets globally, effective stock selection by the management team, and the fund's ability to adapt to market changes.

Competitive Edge

CNBS's active management and association with Cy Seymour offer a perceived competitive edge, leveraging market insights and a proactive investment approach. This allows for flexibility in portfolio allocation based on current industry trends and emerging opportunities. The smaller size and focused approach potentially enable quicker responses to market changes than larger, passively managed competitors. This active strategy aims to identify undervalued companies and capitalize on growth catalysts within the cannabis sector.

Volatility

CNBS is expected to have high volatility due to the speculative nature of the cannabis industry and regulatory uncertainties.

Market Risk

The ETF is exposed to market risk associated with the cannabis industry, including regulatory changes, competition, and consumer demand fluctuations.

Ideal Investor Profile

CNBS is suitable for investors with a high-risk tolerance who are seeking exposure to the potential growth of the cannabis industry.

Market Risk

CNBS is best suited for active traders or investors with a longer-term horizon and higher risk tolerance, seeking capital appreciation rather than passive index tracking.

The Amplify Seymour Cannabis ETF is an actively managed fund focused on the cannabis sector, aiming to generate capital appreciation. Its performance is tied to the legal cannabis industry's growth, facing risks from regulation and competition. CNBS's active management distinguishes it, but its size and market share are less than its larger competitors. Suitable for risk-tolerant investors seeking cannabis exposure, CNBS benefits from Cy Seymouru2019s insights and dynamic portfolio management.

Data Sources:

• Amplify ETFs website
• SEC Filings
• Various financial data providers (Yahoo Finance, Bloomberg)

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. Market data is subject to change and may not be entirely accurate.