1 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
2 The Premium / Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
3 Source: GNIP Whitepaper “Social Media in Financial Markets: The Coming of Age…” “…from 2011 to 2014 Cashtagged conversations on Twitter around Russell 1000 securities increased more than 550% reaching several million messages per quarter.”
† Beta is defined as a sensitivity measure based on regression against the spot gold price movement during the trailing 36 months.
Artificial Intelligence: Artificial intelligence (AI) is the intelligence exhibited by machines or software. One of the central problems (or goals) of AI research include natural language processing (communication).
Big Data: Big Data is a term for data sets that are so large or complex that traditional data processing applications are inadequate.
Natural Language Processing Algorithms: Natural language processing (NLP) deals with the application of computational models to text or speech data. NLP algorithms can be used in Sentiment analysis to identify and extract subjective information in source materials. Sentiment analysis is widely applied to reviews and social media for a variety of applications, ranging from marketing to customer service.
The underlying index for the Sprott BUZZ Social Media Insights ETF selects its constituents by analyzing discussions about U.S. listed stocks across a number of social media networks. The social media analytics process identifies which stocks are most discussed, measures the investment sentiment across the collective social media participants (positive, neutral or negative) and then measures the influence within the social media community of those individuals who are discussing each stock and their historical accuracy.
One may not invest directly in an index.
An investor should consider the investment objectives, risks, charges and expenses carefully before investing. Click here to obtain a Sprott Buzz Social Media Insights ETF Statutory Prospectus, Sprott Gold Miners ETF Statutory Prospectus and Sprott Junior Gold Miners ETF Statutory Prospectus, which contains this and other information, contact your financial professional or call 888-535-7570. Read the Prospectuses carefully before investing.
ALPS Portfolio Solutions Distributor, Inc. is the Distributor for the Sprott Buzz Social Media Insights ETF, the Sprott Gold Miners ETF and the Sprott Junior Gold Miners ETF.
The Funds are not suitable for all investors. There are risks involved with investing in ETFs including the loss of money. The Funds are considered non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund.
Shares are not individually redeemable. Investors buy and sell shares of the Sprott Gold Miners ETF on a secondary market. Only market makers or "authorized participants" may trade directly with the Fund, typically in blocks of 50,000 shares.
Funds that emphasize investments in small/mid cap companies will generally experience greater price volatility.
Diversification does not eliminate the risk of experiencing investment losses.
ETFs are considered to have continuous liquidity because they allow for an individual to trade throughout the day.
Investing in companies based on social media analytics involves the potential for market manipulation because social media posts may be made with an intent to inflate, or otherwise manipulate, the public perception of a stock or other investment.
Text and sentiment analysis of social media postings may prove inaccurate.
The underlying index is rebalanced on a monthly basis and a higher portfolio turnover will cause the Fund to incur additional transaction costs.