Ubisoft Entertainment S.A. Unsponsored ADR (UBSFY)
Summary
UBSFY Chart
Ubisoft: Black Flag Delivers The Proof Investors Needed
Ubisoft's Q1 bookings beat guidance despite declining year over year, while recurring player spending remained resilient across its existing portfolio. Assassin's Creed Black Flag Resynced exceeded full-year sales expectations within two weeks and should contribute positively in Q2. Ubisoft still trades at a steep discount to gaming peers, with my base-case price target implying approximately 14.5% upside.
Ubisoft Logs Fall in Bookings, But Flags Early Success of Assassin's Creed Remake
The French videogame group reported a 9.2% slip in first-quarter net bookings, but said the success of its video game remake showed its operations overhaul is paying off.
Ubisoft taps Amazon Games VP to lead Tom Clancy franchise
French video games company Ubisoft said on Wednesday it recruited Amazon Games Vice President Christoph Hartmann to lead its "Creative House 2", the division that manages games in the Tom Clancy franchise, such as "Splinter Cell" and "The Division".
Ubisoft Entertainment S.A. Unsponsored ADR (UBSFY) FAQ
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Ubisoft Entertainment S.A. Unsponsored ADR Profile
| Capital Markets Industry | Financials Sector | Yves Marie Remy Guillemot CEO | OTC PINK Exchange | 90348R102 CUSIP |
| FR Country | 16,590 Employees | 18 May 2012 Last Dividend | 25 Nov 2008 Last Split | - IPO Date |
Overview
This fund is an actively managed exchange-traded fund (ETF) that primarily focuses on investing in exchange-listed equity securities and total return swaps. The core of its investment strategy is to provide exposure to the cannabis and hemp ecosystem. It adheres to a policy of investing at least 80% of its net assets in equity securities, such as common stock and depositary receipts. These investments are specifically in companies and Real Estate Investment Trusts (REITs) that either derive a significant portion of their net revenue from the cannabis and hemp sectors or invest a majority of their assets within these industries. The fund categorizes itself as non-diversified, pointing towards a focused investment approach in the cannabis and hemp industry.
Products and Services
- Exchange-Listed Equity Securities
- Total Return Swaps
- Targeted Investment in Cannabis Companies
These are stocks, common shares, or depositary receipts that are traded on public stock exchanges. The fund invests in these financial instruments, specifically targeting companies and REITs involved in the cannabis and hemp sector. This approach aims at harnessing the growth potential of these companies, leveraging the evolving legal and social landscape surrounding cannabis and hemp.
These are derivative contracts that allow the fund to gain exposure to the returns of the cannabis and hemp sectors without needing to hold the underlying securities directly. Through these swaps, the fund can replicate the performance of a specified set of assets by receiving the return of these assets in exchange for a funding cost. This provides flexibility in managing the portfolio and accessing broader market segments.
The fund specifically targets companies and REITs that have a substantial portion of their business within the cannabis and hemp ecosystem. This includes entities that either derive at least 50% of their net revenue from this sector or have the majority of their investments directed towards the cannabis and hemp industries. This focused investment strategy seeks to capitalize on the growth and development within this niche market.
