ETF's

 

BullMark LatAm Select Leaders ETF (NASDAQ: BMLA)

Why BMLA ?

  • BMLA is the only US-Listed ETF that focuses on high quality dividend paying equities located in Latin America.
  • Provides broad Latin American equity exposure across a wide array of countries such as Brazil, Mexico, Chile, Columba, and Peru.
  • BMLA is fully tradable during U.S. market hours in U.S. Dollars.
 

Investment Objective

The BullMark LatAm Select Leaders ETF (“Fund”) is an equity fund that seeks to provide investment results that will closely correspond, before fees and expenses, to the price and yield performance of the BullMark LatAm Select Leaders Index.

 

Index Methodology

The index seeks out the largest, most liquid, dividend paying equities in Latin America .

  • Dividend Income Focus:  For a company to be considered in the index it must have a trailing 12 month dividend yield of at least 2%.
  • Liquidity: The companies in the index need to have a market capitalization of $500 million dollars or greater and a 3 month average daily dollar trading volume (ADDTV) of $3 million dollars.
 

Index Description

BullMark LatAm Select Leaders Index focuses on yield enhancement and liquidity. BullMark Financial Group is one of Brazil’s largest RIA firms and has extensive experience in the Latin American markets. With their knowledge and expertise they introduced the BullMark LatAm Select Leaders Index.  Recon Capital is acting as the Investment Adviser for the BullMark LatAm Select Leaders ETF (NASDAQ: BMLA). 

Further Index Information:

  • Index is comprised of highly capitalized, liquid, dividend paying companies.
  • Geographically focused on Brazil, Mexico, Colombia, Chile and Peru
  • All eligible components are reviewed semi-annually by Nasdaq at the end of March and September.
  • The security selection is driven by relative ranking of country specific yield and liquidity factors.
  • Position sizing methodology is utilized to achieve relative balance of yield and market liquidity.
 

Fund Information as of 02/21/2017

Inception Date 05/18/2016
Ticker Symbol BMLA
CUSIP 75623U508
Listing Exchange Nasdaq
Gross Expense Ratio 0.7 %
IOPV Symbol BMLA.IV
NAV Symbol BMLA.NV
NAV $ 30.95
Premium Discount ($0.34)
Premium Discount Percentage -1.11%
Volume 945
Closing Price $ 30.61
Bid Ask Midpoint $ 30.93
Shares Outstanding 100,000
All Data as-of Date 02/21/2017
 

Underlying Index Information

Index BullMark LatAm Select Leaders Index
Index Symbol BMLASLN
Index Provider BullMark
Index Inception 11/16/2015
No. of Securities 34

Top 10 Holdings as of 02/21/2017

Ticker Company % of Fund
BBAS3BZ BCO DO BRASIL SA 12.59 %
SQM/BCI QUIMICA Y MINERA 9.96 %
BBSE3BZ BB SEGURIDADE PART 9.66 %
SMLE3BZ SMILES SA 7.56 %
BRKM5BZ BRASKEM S.A. 5.76 %
CCRO3BZ CCR SA 5.64 %
GFNORTEOMM GPO FIN BANORTE 4.39 %
SANB11BZ BANCO SANTANDER(BR 3.85 %
SULA11BZ SUL AMERICA SA 3.62 %
MPLU3BZ MULTIPLUS SA 3.28 %
Download Holdings

Downloadable Links

Prospectus
Annual Report
SAI
Fact Sheet
Monthly Performance
Holdings
XBRL
 

Performance Table

As of 01/31/2017 (Inception 05/18/2016) 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
BMLA (Market Price) 5.24% -2.61% 5.24% - - - 20.53%
BMLA (NAV) 6.37% -2.97% 6.37% - - - 20.37%
Index* 7.07% -4.05% 7.07% - - - 19.39%
 

Distribution Schedule

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
    2017
12/20/2017 12/22/2017 12/26/2017 Semi- Annual
06/21/2017 06/23/2017 06/27/2017 Semi- Annual
    2016
 

Performance data quoted represents past performance, which does not guarantee future results.  Investment return and principal value will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost; and the current performance may be lower or higher than the performance data quoted.  Please call 1-844-RC-FUNDS/ 1-844-723-8637 or visit www.reconfunds.com/BMLA

You should consider the fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact Recon Capital Advisors at 1-844-RC-FUNDS/1-844-723-8637 or visit www.ReconFunds.com to obtain a prospectus which contains this and other information about the fund. The prospectus should be read carefully before investing. Shares are bought and sold at market price (not NAV), are not individually redeemable, and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, consisting of 50,000 Shares. Brokerage commissions will reduce returns. Index returns are for illustrative purposes only. Investors cannot directly invest in an index and unmanaged index returns do not reflect any management fees, transaction costs or expenses. In addition, the results actual investors might have achieved would have differed from those shown because of differences in the timing, amounts of their investments, and fees and expenses associated with investments in the Fund. Past performance does not guarantee future results. Investors in the Fund should be willing to accept a high degree of volatility in the price of the Fund’s Shares and the possibility of significant losses. An investment in the Fund involves a substantial degree of risk. International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/ developing markets or in concentrations of single countries. Diversification may not protect against market risk or loss of principal. Brokerage commissions will reduce returns. The Fund is considered non-diversified and may be subject to greater risks than a diversified fund. Recon Capital Advisors, LLC is the Investment Adviser of the Fund. The value of commodity-linked investments may be affected by changes in the overall market movements, commodity index volatility, changes in interest rates, or factors affecting a particular industry or commodity. The Fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Recon Capital Advisors, LLC or any of its affiliates.

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