OLD - The Long-Term Care ETF

Invest in Longevity and the Aging Population

NAV: $23.77

1-Day Change: $-0.31 (-1.29%)

As of market close 1/19/17
  • THEMATICS
  • QUICK FACTS (OLD)

    Pricing Data (As of market close 01/19/17)
    Closing Market Price$23.77
    Bid/Ask Midpoint$23.80
    Day High$23.84
    Day Low$23.76
    Trading Volume (Shares)1,480
    Premium/Discount (%)0.13%
    Shares Outstanding.20M
    Yield & Expenses

    Distribution Yield at NAV
    (As of 12/31/2016)

    3.91%
    30 Day SEC Yield
    (As of 12/31/16)
    3.79%
    Distribution FrequencyQuarterly
    Total Net Assets
    (As of 1/19/17)
    $4.75M
    Annual Expense Ratio
    (Estimated)
    GROSS 0.50%
    NET 0.50%
    Fund Details
    Inception Date 06/08/2016
    CUSIP 47103U407
    Category
    Morningstar (As of 12/31/2016)
    US Fund Real Estate
    Intraday Value (IOPV) OLDIV
    Exchange NASDAQ
    Index Ticker OLDID
    Primary Benchmark Solactive Long-Term Care Index
    Index Provider Solactive AG

    ETF Objective

    The Long-Term Care ETF (OLD) seeks investment results that correspond generally, before fees and expenses, to the performance of the Solactive Long-Term Care Index.

    Overview

    Thematic ETFs provide investors with the opportunity to invest in companies that may benefit from the transformational forces changing our future. The Long-Term Care ETF seeks exposure to companies globally that are positioned to profit from providing long-term care to the aging population, including: companies owning or operating senior living facilities, nursing services, specialty hospitals, and senior housing, biotech companies for age-related illnesses and companies that sell products and services to such facilities.

    Why Invest in OLD

    We are Living Longer

    An almost fourfold increase is predicted in the population age 85 and over from 2010 to 2050 - from 5.5 million to 19 million.

    Source: U.S. Census Bureau 5/2010

    Long-Term Care Poised to be an Economic Driver

    The size and scope of the U.S. long-term care market is substantial, reaching more than $300 billion in 2015.

    Source: Kalorama Information, IBIS World 2/2016

    Targeted Thematic Exposure

    The strategy provides investors with the opportunity to invest in companies globally that are positioned to profit from providing long-term care to the aging population.