- What does GARY invest in?
- GARY seeks long-term capital appreciation by actively managing a portfolio of US large-cap stocks considered to have high growth characteristics. The portfolio is constructed using a quantamental methodology that combines quantitative analysis (screening for momentum, valuation, sentiment, and technical factors) with fundamental research (evaluating competitive position, management, and valuation). The fund emphasizes large-cap stocks but may also invest in mid- and small-cap companies with compelling growth prospects. It maintains a long-term investment horizon but may sell positions if specific quantitative or fundamental criteria are no longer met. The fund is non-diversified, meaning it can have larger positions in fewer companies than diversified funds.
- What is the expense ratio of GARY?
- Mango Growth ETF (GARY) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.
- What is GARY's distribution yield?
- GARY's trailing-twelve-month yield is 0.04%, calculated from the sum of distributions over the past year divided by the current price.
- How does GARY's covered-call strategy work?
- GARY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.
- How big is GARY?
- Mango Growth ETF (GARY) manages $240.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is GARY actively managed or an index fund?
- GARY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
