hold arrow

M MM T TT V VV R RR

F FF o oo u uu n nn t tt      M MM e ee t tt a aa v vv e ee r rr s ss e ee      E EE T TT F FF

Why Invest in MTVR?

According to Bloomberg Intelligence, the market size of the metaverse and related companies may reach well into the trillions. This growth can be attributed to the companies that manufacture chips and hardware, as well as the networking companies that supply the necessary bandwidth for metaverse technologies. MTVR offers the new generation of investors a way to become exposed to the metaverse and its proponents (augmented reality, virtual worlds, life log, and mirror world). Following its index, MVTR only seeks to hold the best metaverse related companies from around the world that have the potential to capitalize on this emerging platform. MTVR may be an answer for those seeking real life investment opportunities from the metaverse.

01

Fund Summary

The Fount Metaverse ETF, or MTVR, offers a unique opportunity to those wondering how to invest in the metaverse. MTVR follows an index that was designed to measure the performance of companies that develop, manufacture, distribute, or sell products related to metaverse technology. This metaverse ETF currently tracks an index of around 50 companies that follow the metaverse theme. MTVR’s metaverse stocks may expose investors to businesses that have the potential to capitalize on the expected growth of the metaverse market.

 

The Fount Metaverse ETF aims to yield results that, before fees and expenses, generally correspond to the performance of the Fount Metaverse Index. The index utilizes the following processes to select stocks for inclusion:  

 

  • Using standard industry classification systems and keywords, the index which underlies the fund seeks to identify companies that are likely to engage in the 4 components of the metaverse.
  •  

  • The index forecasts the 1 year forward revenue from metaverse technology related services or products by using a proprietary artificial intelligence algorithm.
  •  

  • Only companies that are expected to derive more than 50% of their revenues from metaverse-related services or products are included in the index.
  •  

  • Additional size and liquidity constraints are applied to ensure liquidity and tradability.
  •  

  • The index employs a modified market capitalization by metaverse-related revenue.
  •  

  • The top 50 securities by modified market cap are selected for inclusion in the index, and weighted by the market cap.
  •  

  • The index is rebalanced annually.
02

Fund Details

Data as of 12/01/2022

Subject Description
Ticker MTVR
CUSIP 301505574
Exchange NYSE Arca
Inception Date 27-Oct-21
Expense Ratio 0.70%
AUM $6,747,059
Shares 450,000
Holdings 51
Subject Description
Advisor Exchange Traded Concepts
Administrator SEI Investments Global Fund
Distributor SEI Investments Distribution
Benchmark Fount Metaverse Index
Index Calculator Moorgate Benchmarks
Index Provider Fount Investment Co., Ltd.
Rebalance Annual
Subject Description
Ticker MTVR
CUSIP 301505574
Exchange NYSE Arca
Inception Date 27-Oct-21
Expense Ratio 0.70%
AUM $6,747,059
Shares 450,000
Holdings 51
Advisor Exchange Traded Concepts
Administrator SEI Investments Global Fund
Distributor SEI Investments Distribution
Benchmark Fount Metaverse Index
Index Calculator Moorgate Benchmarks
Index Provider Fount Investment Co., Ltd.
Rebalance Annual
03

Top Holdings

Data as of 12/01/2022

Name Ticker FIGI Shares Market Value %
APPLE INC AAPL BBG000B9XRY4 5,544 $$822,231 12.19%
ALPHABET INC-CL A GOOGL BBG009S39JX6 2,848 $$287,620 4.26%
META PLATFORMS CL A ORD META BBG000MM2P62 1,650 $$198,726 2.95%
PINTEREST CL A ORD PINS BBG002583CV8 7,206 $$184,329 2.73%
ADOBE INC ADBE BBG000BB5006 499 $$171,711 2.54%
ROBLOX CORP RBLX BBG001R1GCT0 4,797 $$160,172 2.37%
WARNER MUSIC GROUP CL A ORD WMG BBG00RP2T9T6 4,669 $$159,726 2.37%
ORIENTAL LAND ORD 4661 JP BBG000HPZ1T3 1,100 $$159,420 2.36%
DRAFTKINGS INC DKNG BBG0134WCM78 10,212 $$158,490 2.35%
ACTIVISION BLIZZARD INC ATVI BBG000CVWGS6 2,080 $$156,395 2.32%
UMG ORD UMG NA BBG012J94349 6,552 $$154,145 2.28%
CAPCOM ORD 9697 JP BBG000BJ8Q27 4,900 $$151,942 2.25%
EVOLUTION AB EVO SS BBG0088M4L77 1,400 $$146,673 2.17%
SEAWORLD ENTERTAINMENT ORD SEAS BBG003RY97K2 2,558 $$145,448 2.16%
ELECTRONIC ARTS ORD EA BBG000BP0KQ8 1,103 $$145,177 2.15%
ARISTOCRAT LEISURE LTD ALL AU BBG000G2SMB6 5,845 $$143,426 2.13%
KOEI TECMO HLDG ORD 3635 JP BBG000BXRCM4 7,900 $$139,658 2.07%
DOLBY LABORATORIES CL A ORD DLB BBG000DGLTG5 1,791 $$136,295 2.02%
NCSOFT CORP ORD 036570 KS BBG000BZZ983 381 $$136,003 2.02%
TOHO(SVC) ORD 9602 JP BBG000BNFT24 3,500 $$135,437 2.01%
NEXON CO. LTD 3659 JP BBG001CDRZ53 5,900 $$128,174 1.90%
SQUARE ENIX HLDG ORD 9684 JP BBG000BJXQM7 2,800 $$127,713 1.89%
XIAOMI-W ORD 1810 HK BBG00KVBNBT5 94,600 $$127,204 1.89%
BANDAI NAMCO HLD ORD 7832 JP BBG000BKJ7P9 1,900 $$125,632 1.86%
TAKE-TWO INTERACTIVE SOFTWARE INC TTWO BBG000BS1YV5 1,166 $$124,062 1.84%
BUMBLE CL A ORD BMBL BBG00Z6RF483 4,859 $$119,143 1.77%
CEDAR FAIR LP FUN BBG000BJZZX3 2,866 $$118,738 1.76%
SIX FLAGS ENTERTAINMENT ORD SIX BBG000F4W0M4 4,702 $$112,989 1.67%
SNAP INC SNAP BBG00441QMJ7 10,274 $$111,678 1.66%
KRAFTON INC 259960 KS BBG00FWX8WX3 643 $$108,828 1.61%
BAIDU INC-CLASS A 9888 HK BBG000Q1VPS8 7,700 $$105,715 1.57%
NETEASE INC 9999 HK BBG000D5CSG1 7,600 $$105,319 1.56%
BILIBILI INC 9626 HK BBG00KD7MZ85 5,900 $$99,661 1.48%
FUTURE ORD FUTR LN BBG000BXN2G7 5,335 $$97,250 1.44%
SEGA SAMMY HLDG ORD 6460 JP BBG000JMK5H8 7,200 $$95,979 1.42%
KONAMI GROUP ORD 9766 JP BBG000BNHYW8 2,000 $$94,460 1.40%
KAKAO CORP 035720 KS BBG000C3SL93 2,100 $$93,542 1.39%
WEIBO CORP-CLASS A 9898 HK BBG0069KVRP1 5,620 $$93,342 1.38%
NAVER CORP 035420 KS BBG000PF9ZK9 633 $$91,309 1.35%
PLAYTIKA HOLDING ORD PLTK BBG00QQ8C789 9,417 $$89,556 1.33%
PEARLABYSS CORP. 263750 KS BBG00H5D9CR3 2,604 $$89,848 1.33%
KAKAO GAMES CORP 293490 KS BBG00CZ9XNV4 2,646 $$88,041 1.30%
HYBE ORD 352820 KS BBG008G10GC3 721 $$85,143 1.26%
NETMARBLE CORP 251270 KS BBG0067TSV79 1,993 $$78,043 1.16%
POP MART ORD 9992 HK BBG00WHMQQ33 34,600 $$76,503 1.13%
UBISOFT ENTERTAIN ORD UBI FP BBG000BLD1M9 2,580 $$74,537 1.10%
EMBRACER GROUP ORD EMBRACB SS BBG00F7Z9C96 15,008 $$69,176 1.03%
HAICHANG HLDG ORD 2255 HK BBG00637B2W5 310,000 $$58,979 0.87%
APPLOVIN CL A ORD APP BBG006HFPX77 3,540 $$50,587 0.75%
CASH & OTHER 12,707 $$12,707 0.19%
YANDEX NV CLASS A YNDX BBG001NVJ6W4 3,751 $$38 0.00%
VK CO LTD VKCO LI BBG00178PGW4 11,294 $$113 0.00%

Holdings Subject to Change

04

Fund NAV and Market Price

Data as of 12/01/2022

NAV Price
Amount $14.99 $14.92
Daily Change +$0.11 -$0.05
Daily Change +0.74% -0.31%

05

Fund Performance

Month End as of 10/31/2022

1 Month 3 Months YTD 1 Year 3 Years 5 Years ITD
Fund NAV -0.07% -17.11% -40.35% -43.06% TBD TBD -43.52%
Market Price 0.22% -17.23% -40.49% -43.19% TBD TBD -43.60%

Quarter End as of 09/30/2022

1 Month 3 Months YTD ITD 1 Year 3 Years 5 Years
Fund NAV -13.28% -12.84% -40.30% -43.48% TBD TBD TBD
Market Price -13.17% -13.00% -40.61% -43.72% TBD TBD TBD

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are cumulative. 

 

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The returns shown do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. NAVs are calculated using prices as of 4:00 PM Eastern Time. 

 

Inception to date (ITD)

06

Distributions

Months Ex Date Record Date Pay Date Dividend Long Term
Capital Gains
Short Term
Capital Gains
December 12/28/2021 12/29/2021 03/01/2022 $0.00 - -
March 03/25/2022 03/28/2022 04/01/2022 $0.00 - -
June 06/24/2022 06/27/2022 06/30/2022 $0.14 - -
07

Premium/ Discount

Data as of 06/10/2021

Fund
NAV
Market
Price
Premium/
Discount
30-Day Median
Bid/Ask Spread
$14.99 $14.92 -$0.07 +0.93%
Days
At NAV
Days
At Premium
Days
At Discount
3Q 2022 1 16 47
2Q 2022 0 30 32
1Q 2022 0 36 26
Calendar Year 2021 2 36 8

30-Day Median Bid/Ask Spread : The spread is calculated from (i) sampling the ETF's NBBO as of the end of each 10 second interval during each trading day of the last 30 calendar days; (ii) dividing the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identifying the median of those values.

08

Fund Materials

Fact Sheet
Investment Case
Index Methodology
Prospectus
Summary Prospectus
SAI
Q1 SOI
Q3 SOI
SAR

Related Posts

Hang Up Your Smartphone and Put On Smart Glasses

1 min read · 191 views Bong-Geun Bong-Geun 11-Oct-2022

What Are the Different Types of Blockchain Networks?

1 min read · 355 views Amala Amala 05-Oct-2022

Offer Your Clients Thematic Exposure with MTVR

1 min read · 195 views Bong-Geun Bong-Geun 30-Sep-2022

MTVR Metaverse Report (September 2-23)

1 min read · 170 views Inhee Inhee 28-Sep-2022

MTVR in Three Bullets

1 min read · 215 views Bong-Geun Bong-Geun 21-Sep-2022

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 855-425-7426 or visit our website at www.fountetfs.com. Read the prospectus or summary prospectus carefully before investing.

Exchange Traded Concepts, LLC. serves as the investment advisor to the Funds. The Funds are distributed by SEI Investments Distribution Co., (SIDCO) 1 Freedom Valley Drive, Oaks, PA 19456. SIDCO is not affiliated with Exchange Traded Concepts, LLC. or Fount Investment Co. Ltd.

Risk Disclosure:

 

Investing involves risk, including possible loss of principal. There is no guarantee the Funds will achieve their stated objectives. In addition to the normal risks associated with investing, international investments may involve the risk of capital loss from unfavorable fluctuation in currency values, differences in generally accepted accounting principles, or social, economic, or political instability in other nations. Emerging markets involve heightened risks related to the same factors, as well as increased volatility and lower trading volume. 

 

The Funds’ concentration in an industry or sector can increase the impact of, and potential losses associated with, the risks from investing in those industries/sectors. For MTVR, the Fund may be concentrated in the entertainment and interactive media & services industries. The entertainment industry is highly competitive and relies on consumer spending and the availability of disposable income for success, which may cause the prices of the securities of companies to fluctuate widely. The prices of the securities of companies in the interactive media & services industry are closely tied to the overall economy's performance. Changes in general economic growth, consumer confidence, and consumer spending may affect them. MTVR may also be subject to the specific risks associated with metaverse companies. These risks include but are not limited to small or limited markets, changes in business cycles, world economic growth, technological progress, rapid obsolescence, and government regulation. Smaller, start-up companies tend to be more volatile than securities of companies that do not rely heavily on technology. Metaverse Companies may rely on a combination of patents, copyrights, trademarks, and trade secret laws to establish and protect their proprietary rights. There can be no assurance that these steps will be adequate to prevent the misappropriation of their technology or that competitors will not develop technologies that are equivalent or superior to such companies’ technology.

 

For SUBS, the Fund may be concentrated in the software industry. Technological changes, pricing, retaining skilled employees, changes in demand, research & development, and product obsolescence can affect the profitability of software companies causing fluctuations in the market price of company securities. 

 

Both Funds are subject to communication services sector risk, which can involve the same risks as being concentrated in the software industry. Network security breaches, potential proprietary or consumer information theft, or service disruption can negatively affect companies’ stock prices.

 

The Funds are non-diversified. The Funds are new and have limited operating histories for investors to evaluate. New and smaller funds may not attract sufficient assets to achieve investment and trading efficiencies. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. 

0 MTVR · SUBS
MTVR · SUBS