Reality Shares Nasdaq NexGen Economy ETF (BLCN)
NGM · ClosedEndIndexFund · CUSIP 75605A702
Last Price•••.••
Current Yield•.••%
Yield to Call•.••%
Yield to Worst•.••%
Free registration unlocks the quote, yield calculations, price chart and full fundamentals for BLCN and every other security on QuantumOnline.
🔒
Price chart and 15 days of daily prices
Candlestick chart with moving averages, Bollinger bands and MACD. Register free to view.

Security Profile

Security Type
Index ETF
CUSIP
75605A702
Market Cap
Micro Cap · $48 Million
IPO
1/17/2018
Fund Description: Reality Shares Nasdaq NexGen Economy ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Reality Shares ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Reality Shares Nasdaq NexGen Economy ETF seeks long-term growth by tracking the investment returns, before fees and expenses, of the Reality Shares NASDAQ Blockchain Economy Index. INDEX DESCRIPTION: The Reality Shares NASDAQ Blockchain Economy Index is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by others (Blockchain Companies). These Blockchain Companies are committing material resources to further the use and deployment of blockchain technology to, for example, streamline the distribution and verification of cross-border payments; more efficiently store and secure cloud-based digital data; facilitate trusted transactions based on data security and privacy; and mitigate risk in supply chain management, among other uses. Blockchain technology is an emerging technology that is redefining how a record of value is transacted. Blockchain technology seeks to solve transactional challenges of counterparty trust and the need for a central repository or ledger by providing a transparent and secure process to transfer and digitally record information on a shared transaction database through a secure, decentralized, peer-to-peer distributed ledger. In this regard, it is designed to facilitate the transfer of information or property between users such that the transfer is guaranteed to be secure and known to all participants and shared across a distributed network where, once verified, the legitimacy of the transfer cannot be challenged. Blockchain technology may be used to support a vast array of business applications in many different industries and markets, and the extent of its versatility has not yet been fully explored. As a result, the Index may include equity securities of operating companies that focus on or have exposure to a wide variety of industries and countries, including emerging markets. The Index may include equity securities of operating companies that focus on or have exposure to a wide variety of industries and countries, including emerging markets. The Index include only those Blockchain Companies with market capitalizations greater than $200 million, the shares of which are exchange-traded and have a six-month average daily trading volume greater than $1,000,000 as of the Index’s reconstitution date. The 50 to 100 leading Blockchain Companies with the highest Blockchain Scores are then selected as the Index constituents and is reconstituted semi-annually. FUND STRATEGY: The Fund seeks long-term growth by tracking the investment returns of the Index. Under normal circumstances, at least 80% of the Fund’s assets, other than collateral held from securities lending, if any, will be invested in component securities of the Index. The Fund may invest up to 20% of its assets in other securities that are not components of the Index that the Adviser believes will help the Fund seek to track the Index. The Fund expects to invest in common stocks, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The Fund will not invest directly or indirectly in cryptocurrency. The Fund generally uses a replication strategy to achieve its investment objective, meaning that it will invest in all of the securities included in the Index in approximately the same proportions as the Index. The Fund may, however, use a representative sampling approach to achieve its investment objective when the Adviser believes it is in the best interest of the Fund. The Fund is considered to be non-diversified. FUND MANAGEMENT: Reality Shares Advisors, LLC serves as the investment adviser to the Fund.

Company Contact

Headquarters
402 West Broadway, Suite 2800, San Diego, CA 92101
Phone
619-487-1445 · Toll-Free 855-595-0240
Investor Relations
855-595-0240 · info@realityshares.com
Email Form
Contact Form »
SEC EDGAR Filings
View filings »