Sparkline Intangible Value ETF

Frequently Asked Questions About ITAN

What does ITAN invest in?

The fund is an actively-managed exchange-traded fund (“ETF”). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the “Sub-Adviser”) believes are attractive relative to its proprietary measure of “intangible-augmented intrinsic value.” The fund’s investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

What is the expense ratio of ITAN?

Sparkline Intangible Value ETF (ITAN) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ITAN?

Sparkline Intangible Value ETF (ITAN) manages $123.4M 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 ITAN actively managed or an index fund?

ITAN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ITAN launched?

Sparkline Intangible Value ETF (ITAN) launched in June 2021 and is managed by Sparkline.

How has ITAN performed?

ITAN's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.