Gabelli Funds Launches Actively Managed ETF Growth Innovators (GGRW)

Rhea-AI Summary

The Gabelli Funds' Growth Innovators ETF (NYSE: GGRW) is now available for trading, targeting companies that benefit from digital acceleration. It aims to include businesses utilizing advanced technologies such as AI and machine learning. The ETF leverages the pandemic's impact, which has accelerated digital transformation and increased technology adoption.

However, this ETF differs from traditional ones, as it does not disclose its assets daily, presenting potential risks, such as higher trading costs and price discrepancies from the actual portfolio value.

Positive

• Targets businesses benefitting from digital acceleration.
• Leverages advanced technologies to enhance portfolio management.

Negative

• Does not disclose asset holdings daily, leading to potential higher trading costs.
• Price may not match ETF's portfolio value, especially in volatile market conditions.

Gabelli Funds’ Growth Innovators (NYSE: GGRW), an actively managed ETF seeking to invest in businesses both enabling and benefiting from digital acceleration, is available on the New York Stock Exchange today.

Advanced technologies, such as AI, machine learning and data analytics, have been historically reserved for only the most technologically sophisticated organizations. Limited accessibility, high cost and complexity have inhibited more widespread adoption. Today, those constraints have been lifted and technology is becoming democratized. The pandemic served as a force function for adoption, pushing consumers into digital channels and forcing enterprises to accelerate their digital transformation agendas. As technology percolates throughout every corner of the economy, it has the potential to contribute to global productivity growth. The Gabelli Growth Innovators ETF seeks to surface the portfolio management team’s best ideas exposed to these secular tailwinds.

For more information visit www.gabelli.com/growthinnovators

This Exchange-Traded Fund (“ETF”) is different from traditional ETFs.

Unlike traditional ETFs, these ETFs will not tell the public what assets they hold each day. This may create additional risks for your investment. For example:

• You may have to pay more money to trade an ETF’s shares. These ETFs will provide less information to traders, who tend to charge more for trades when they have less information about the underlying holdings.
• The price you pay to buy ETF shares on an exchange may not match the value of an ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for the ETFs offered pursuant to this Prospectus compared to other ETFs because these ETFs provide less information to traders with respect to the underlying portfolio holdings.
• These additional risks may be even greater in bad or uncertain market conditions.

The differences between these ETFs and other ETFs may also have advantages. By keeping certain information about an ETF secret, the ETF may face less risk that other traders can predict or copy its investment strategy. This may improve an ETF’s performance. If other traders are able to copy or predict an ETF’s investment strategy, however, this may hurt the ETF’s performance.

For additional information regarding the unique attributes and risks of the Funds, see the “Non-Transparent Exchange-Traded Fund (“ETF”) Structure Risk”, “Early Close/Trading Halt Risk” and “Authorized Participant and AP Representative Concentration Risk” in the “Principal Risks” section of the Prospectus.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800 GABELLI or visit www.gabelli.com/funds/etfs/intro

Exchange traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or a discount to their NAV in the secondary market. There is no guarantee the investment strategy will be successful. Investing involves risk including the possible loss of principal.

Distributed by G.distributors, LLC. a registered broker dealer and member of FINRA

View source version on businesswire.com: https://www.businesswire.com/news/home/20210216006097/en/

FAQ

What is the Gabelli Growth Innovators ETF (GGRW)?

The Gabelli Growth Innovators ETF (NYSE: GGRW) is an actively managed ETF focusing on companies that benefit from digital acceleration and advanced technologies.

What are the risks associated with the Gabelli Growth Innovators ETF?

The ETF does not disclose daily asset holdings, which may result in higher trading costs, price discrepancies from portfolio value, and increased risks in uncertain market conditions.

How does GGRW differ from traditional ETFs?

Unlike traditional ETFs, GGRW does not reveal its asset holdings daily, which can lead to trading inefficiencies and risks.

Why is digital acceleration important for GGRW?

Digital acceleration is crucial for GGRW as it focuses on companies that adapt and innovate through advanced technologies, enhancing their potential for growth.

What technological trends does GGRW focus on?

GGRW emphasizes on AI, machine learning, and data analytics, aiming to invest in businesses that leverage these technologies.