Amplify Seymour Cannabis ETF (CNBS)
ARCA ARCA Primary Summary
CNBS Chart
CNBS Is A New Opportunity For Cannabis Investors
Amplify's CNBS ETF has shifted focus to American cannabis and hemp, making it a better option than MSOS due to its more diversified structure. CNBS's portfolio is less concentrated in a few stocks compared to MSOS, reducing risk and offering better potential for long-term performance. Risks include 280E taxation remaining, CNBS's smaller size, and limited liquidity, but Tim Seymour's active management is a positive factor.
Amplify Seymour Cannabis ETF Dividends
| CNBS In 6 months Estimated | Annual | $0.89 Per Share |
| CNBS 5 months ago Paid | Annual | $0.89 Per Share |
| CNBS 29 Dec 2021 Paid | Annual | $0 Per Share |
| CNBS 29 Dec 2020 Paid | Annual | $1.21 Per Share |
| CNBS 30 Dec 2019 Paid | Other | $0.08 Per Share |
Amplify Seymour Cannabis ETF Earnings
| CNBS In 6 months Estimated | Annual | $0.89 Per Share |
| CNBS 5 months ago Paid | Annual | $0.89 Per Share |
| CNBS 29 Dec 2021 Paid | Annual | $0 Per Share |
| CNBS 29 Dec 2020 Paid | Annual | $1.21 Per Share |
| CNBS 30 Dec 2019 Paid | Other | $0.08 Per Share |
Amplify Seymour Cannabis ETF (CNBS) FAQ
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Has Amplify Seymour Cannabis ETF ever had a stock split?
Amplify Seymour Cannabis ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is designed to provide investors with targeted exposure to the rapidly expanding cannabis and hemp industry. It aims to achieve this by allocating at least 80% of its net assets to companies and derivatives that are significantly involved in the cannabis and hemp ecosystem. The focus is on entities that generate more than half of their revenue from this sector. Being an actively managed Exchange-Traded Fund (ETF), it seeks to offer investment opportunities within global markets, specifically targeting companies that are primary participants in the burgeoning cannabis and hemp landscape. These companies fall into one of three distinct classifications, geared towards capturing the essence of the industry's ecosystem. The fund takes a concentrated approach to investment, meaning it is non-diversified, enabling it to focus its resources on a select group of assets that it identifies as having strong potential.
Products and Services
The fund's product offerings and services are structured to capture the diverse opportunities within the cannabis and hemp sector, leveraging its unique ecosystem through a focused investment strategy. This includes:
- Equity Investments in Cannabis and Hemp Companies: The bulk of the fund's assets are dedicated to acquiring stakes in companies significantly involved in the cannabis and hemp industries. This includes businesses across various stages of the supply chain, from cultivation and production to distribution and retail. The aim is to invest in companies that derive at least 50% of their revenue from these sectors, showcasing a strong commitment to the cannabis and hemp ecosystem.
- Derivative Investments with Economic Characteristics of Cannabis and Hemp Securities: In addition to direct equity investments, the fund also allocates a portion of its assets towards derivatives that mirror the economic characteristics of cannabis and hemp securities. These financial instruments may include, but are not limited to, futures, options, and swaps. The purpose of these investments is to enhance the fund's ability to capitalize on the growth dynamics of the cannabis and hemp markets, potentially improving the fund's risk-adjusted returns.
Contact Information
