Gabelli Funds’ Actively Managed ETF Love Our Planet & People (LOPP) Available to Invest in Beginning Today
02 February 2021 - 3:14AM
Business Wire
Gabelli Funds’ Love Our Planet & People (NYSE: LOPP), an
actively managed ETF focused on the “E” in ESG (Environmental
Social & Governance) investing, is available to invest in
beginning today.
We believe that investment in renewables, batteries, water
infrastructure, the recycling of plastics, and other sustainable
practices is essential to the future of the planet and its people.
LOPP provides investors the ability to invest in a broad range of
companies across these sectors while leveraging our research-driven
investment process. The portfolio team will construct LOPP on a
bottom-up basis, going beyond the typical ESG screens and relying
on the advisors’ accumulated, compounded industry knowledge and
history of corporate engagement.
LOPP offers a loyalty program under which the first $100 million
invested will incur no fees or expenses for at least one year.
Through this program, we hope to encourage investment, and
acknowledge our appreciation for our private wealth and mutual fund
clients. We are privileged to absorb all costs in an effort to
underscore our emphasis on the environment.
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
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version on businesswire.com: https://www.businesswire.com/news/home/20210201005666/en/
For business inquiries contact John Ball Jball@gabelli.com
914-921-7728 For media inquiries contact Chris Marangi
cmarangi@gabelli.com 914-921-5219
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