GAMR Profile
The Wedbush ETFMG Video Game Tech ETF is designed to provide investors with targeted exposure to the global video gaming industry. The fund tracks an index that reflects the performance of common stocks from companies actively involved in the video gaming sector. This includes businesses engaged in various aspects of the industry, such as game development, hardware production, and digital distribution. By focusing on these specialized companies, the ETF aims to capture the growth potential of the rapidly evolving video gaming market.
Under normal market conditions, the fund invests at least 80% of its total assets, excluding any collateral from securities lending, in securities related to the video gaming industry. This includes investments in individual stocks, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs) of video gaming companies. The fund's investment strategy emphasizes a global approach, encompassing both domestic and international companies that contribute to or benefit from advancements in video gaming technology and content.
The Wedbush ETFMG Video Game Tech ETF's focus on the video gaming sector allows it to tap into a dynamic and high-growth industry. The video gaming sector has seen significant expansion driven by advances in technology, increasing consumer demand, and the proliferation of online and mobile gaming platforms. This specialization offers investors a way to gain exposure to innovative companies at the forefront of these trends, including major game developers, console manufacturers, and firms involved in gaming infrastructure and services.
As a non-diversified fund, the ETF may exhibit higher volatility and sector-specific risks due to its concentrated focus on the video gaming industry. The performance of the fund is closely tied to the success and market conditions of the video gaming sector, which can be influenced by factors such as technological advancements, consumer preferences, and competitive dynamics. Investors should consider their risk tolerance and interest in the video gaming sector when evaluating this ETF as part of their investment strategy.
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