Mobile Payments ETF

IPAY

The World's first Mobile/Electronic Payments ETF

The recent shift in the payments industry has been the transition away from the traditional payments methods and into mobile methods. It is commonly held that consumer spending accounts for approximately two thirds of U.S. Gross Domestic Product (GDP) which in real terms equates to roughly 11.5 trillion dollars. It is estimated by the Electronic Transaction Association (ETA) that 70% of these transaction are conducted electronically. While the basic infrastructure that facilitates electronic payments (e-payments) has been in place for decades, it has recently evolved to facilitate the demands of a now global industry. Per the ETA, industry segments include Card Networks, Infrastructure & Software Providers, Processors and/or Solutions companies; players from each of these segments are represented in the fund.

ETFMG Prime Mobile Payments ETF (IPAY), the World's first Mobile/Electronic Payments ETF, was created to provide the market with a transparent vehicle to invest in the increasingly important Mobile Payments industry. Mobile payments is inclusive of the many growing forms of mobile payments involving both electronic and digital payments.

The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Mobile Payments Index.

FUND PRICE

AS OF 08/18/2017

NAV MARKET PRICE
Net Asset Value $31.13 Closing Price $31.22
Daily Change $ $0.01 Daily Change $ $0.08
Daily Change % 0.04% Closing Price 0.08%

PERFORMANCE HISTORY

AS OF 07/31/2017

1 MONTH 3 MONTH 6 MONTH 1 YEAR QTD YTD SINCE
INCEPTION
MONTH END
NAV % 5.44% 10.74% 18.68% 27.73% - 23.11% 25.88
Market Value % 5.37% 10.80% 18.90% 28.57% - 22.63% 26.16
QUARTER END AS OF 06/30/2017
NAV % 0.91% 6.17% 16.76% 26.77% - 16.76% 19.38
Market Value % 1.05% 6.21% 16.37% 28.08% - 16.37% 19.72

*Fund performance before 8/1/17 was based upon the ISE Mobile Payments Index.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-383-6477.

TOP 10 HOLDINGS

AS OF 08/21/2017

RANK NAME %TOTAL
NET ASSET
TICKER SHARE HELD MARKET VALUE USD
1PAYPAL HLDGS INC6.49%PYPL164,716$9,790,719
2VISA INC6.24%V91,870$9,417,594
3MASTERCARD INCORPORATED6.18%MA71,136$9,328,775
4AMERICAN EXPRESS CO6.06%AXP107,146$9,148,125
5FIDELITY NATL INFORMATION SVCS COM5.92%FIS99,476$8,935,929
6FISERV INC5.22%FISV65,461$7,878,886
7DISCOVER FINL SVCS4.82%DFS122,423$7,275,599
8FIRST DATA CORP NEW4.02%FDC341,132$6,075,561
9VANTIV INC4.01%VNTV83,656$6,046,656
10WORLDPAY GRP PLC4.01%WPG LN1,110,111$6,054,839
DOWNLOAD ALL HOLDINGS (.CSV) >

Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.

The Prime Mobile Payments Index is designed to reflect the performance of companies involved in the mobile and electronic payments industry, including card networks, processors, infrastructure/software and solutions companies. The stocks are screened for liquidity and weighted according to PMOBILE's methodology guide which can be found here. The stocks are screened for liquidity and weighted according to a modified linear-based capitalization-weighted methodology. An investment cannot be made directly in an index.

FUND FACTS

  • ETF Ticker
    IPAY
  • Exchange
    NYSE Arca
  • Inception
    07/16/2015
  • CUSIP
    26924G409
  • ISIN
    US26924G4091
  • Expense Ratio
    0.75%
  • Index Provider
    Prime Indexes
  • Index Ticker
    PMOBILE
  • # of Holdings
    31
  • Shares Outstanding
    4,850,000
  • Net Assets
    $150,972,158
  • Distribution
    NA
  • Last Ex-Date
    NA
  • Last Pay Date
    NA
  • 30-Day SEC Yld
    0.06%
IPAY-Mobile Payments ETF