Gabelli Asset ETF (GAST) Completes Rebranding to Gabelli Automation ETF
GAST’s investment objective is to achieve capital appreciation. The fund will seek to identify and invest in leading firms that design, develop, support, or manufacture automation equipment, related technology, software or processes, and in firms that use these technologies to automate and increase productivity in their own businesses. These businesses include industrial and service automation, robotics, artificial intelligence, autonomous driving, and related equipment and software. In pursuing this investment theme, the Fund may invest in firms in any economic sector and in any geographic region. The fund evaluates the entire ecosystem of components and technology providers that support the reshaping and upgrading of global production networks and that address tight labor markets and productivity challenges worldwide.
Leading the investment team of GAST is
Also on the team is veteran portfolio manager and analyst,
Rounding out the team is
About Gabelli Automation ETF
Gabelli Automation ETF is a diversified, open-end management investment company whose primary investment objective is to seek capital appreciation. Under normal market conditions, the Fund will invest at least 80%, of its assets in
Please read the Prospectus, including the Risk Discussion, carefully (when it becomes available) to understand the attributes and risks of this ETF before investing.
This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:
- You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.
- The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders.
- These additional risks may be even greater in bad or uncertain market conditions. The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of the ETF, see the ActiveShares prospectus/registration statement.
You should consider the ETF’s investment objectives, risks, charges and expenses carefully before you invest. The ETF’s Prospectus, which will be available from G.distributors, LLC, a registered broker-dealer and
To obtain a Prospectus, please visit https://www.gabelli.com/funds/etfs or call:
Senior Vice President