- Cancer immunotherapy companies are
beneficially disrupting status quo cancer treatments by deploying
body’s own immune system to fight disease
- ETF offers diversified exposure to both
pharmaceutical and clinical-stage biotechnology companies with
immunotherapy focus
Today the Loncar Cancer Immunotherapy ETF (Nasdaq: CNCR)
celebrates its one-year anniversary of trading.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20161014005084/en/
The first and only exchange-traded fund (ETF) to exclusively
hold shares of public companies that are dedicated to immunotherapy
research and development, CNCR is based on the Loncar Cancer
Immunotherapy Index, an innovative index developed by biotechnology
investor and Loncar Investments CEO Brad Loncar.
“Cancer immunotherapy is an important sector in biotechnology
that is transforming how many cancers are treated,” Loncar said. “I
am grateful for the opportunity to support companies and
researchers that work hard every day to improve the lives of
courageous patients who battle cancer disease.”
As of quarter end on 9/30/2016, CNCR had $23,176,170 in assets
and there were 900,000 shares outstanding. Below is the
standardized performance versus its benchmark (Nasdaq Biotechnology
Index) since the fund’s inception.
Standardizedperformanceas of 9/30/2016
1 MTH 3 MTH 6 MTH
1 YR Since Inception CNCR NAV
+6.94% +13.19% +18.50% -
+3.00% CNCR Market Value +7.18%
+13.55% +18.94% -
+3.24%
NasdaqBiotechnology Index
+3.02% +12.93% +11.01%
-3.20%
Performance data quoted represents past performance; past
performance 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 Fund may be lower
or higher than the performance quoted. Performance data current to
the most recent month end may be obtained by calling 800-617-0004.
Gross Expense Ratio: 0.79 percent.
The fund includes both large pharmaceutical and growth-oriented
biotechnology companies that are leading in this disruptive
approach to cancer treatment. Its top 10 holdings are: Agenus (5.13
percent weighting, ticker: AGEN), bluebird bio (5.05 percent
weighting, ticker: BLUE), Xencor (4.77 percent weighting, ticker:
XNCR), Newlink Genetics (4.62 percent weighting, ticker: NLNK),
Bellicum (4.44 percent weighting, ticker: BLCM), CytomX
Therapeutics (4.14 percent weighting, ticker: CTMX), Five Prime
Therapeutics (3.75 percent weighting, ticker: FPRX), Advaxis (3.69
percent weighting, ticker: ADXS), Incyte (3.55 percent weighting,
ticker: INCY), AstraZeneca (3.52 percent weighting, ticker: AZN).
Twenty-three of the holdings are growth companies, while the
remaining seven are large-cap, value equities.
“Over the last year, cancer immunotherapy research has received
meaningful investment from government, philanthropy, and the
private sector,” said J. Garrett Stevens, CEO of Exchange Traded
Concepts. “We are proud to be a small part of that through our fund
and thank all investors who have participated in it since it began
trading.”
Loncar Investments is an official partner of the Cancer Research
Institute (CRI), the world’s only nonprofit organization dedicated
exclusively to harnessing the immune system’s power to conquer all
cancers. To learn about how to give to CRI, please visit here.
About Exchange Traded Concepts: ETC is carving out a
niche as a portal to launch new, custom exchange-traded funds
efficiently and cost-effectively through a complete turnkey
solution. ETC is a private-label ETF advisor with passive and
active exemptive relief from the Securities and Exchange Commission
(SEC) to launch both domestic and international equity exchange
traded funds under the Investment Company Act of 1940. For more
information, please go to www.exchangetradedconcepts.com.
About Loncar Investments: Loncar Investments, LLC, the
provider of the Loncar Cancer Immunotherapy Index, is committed to
making the biotechnology space more approachable to a wider range
of investors. The company is principally owned by biotech investor
and analyst Brad Loncar. Mr. Loncar manages a biotech-focused
family portfolio from his Lenexa, Kansas office. He can be followed
on Twitter at @bradloncar and his commentary is available at
www.loncarblog.com.
Opinions expressed are those of ETC, Loncar Investments and
their partners and are subject to change, not guaranteed, and
should not be considered investment advice.
Investing involves risk; Principal loss is possible. The Fund
will invest in immunotherapy companies which are highly dependent
on the development, procurement and marketing of drugs and the
protection and exploitation of intellectual property rights. A
company's valuation can also be greatly affected if one of its
products is proven or alleged to be unsafe, ineffective or
unprofitable. The costs associated with developing new drugs can be
significant, and the results are unpredictable. The process for
obtaining regulatory approval by the U.S. Food and Drug
Administration or other governmental regulatory authorities is long
and costly and there can be no assurance that the necessary
approvals with be obtained and maintained. The Fund may invest in
foreign securities, which involve political, economic, currency
risk, greater volatility, and differences in accounting methods.
The Fund is non-diversified meaning it may concentrate its assets
in fewer individual holdings than a diversified fund. Therefore,
the Fund is more exposed to individual stock volatility than a
diversified fund. The Fund invests in smaller companies which may
have more limited liquidity and greater volatility compared to
larger companies. The Fund is not actively managed and may be
affected by a general decline in market segments related to the
index. The fund invests in securities included in, or
representative of securities included in, the index, regardless of
their investment merits . The performance of the fund may diverge
from that of the Index and may experience tracking error to a
greater extent than a fund that seeks to replicate an
index.
The Fund's investment objectives, risks, charges and expenses
must be considered carefully before investing. The summary and
statutory prospectuses contain this and other important information
about the investment company, and may be obtained by calling
800.617.0004 or visiting www.loncarfunds.com. Read it carefully
before investing.
Fund holdings are subject to change and should not be considered
a recommendation to buy or sell any security.
The Loncar Cancer Immunotherapy Index is an index of 30
securities that have a strategic focus on the area of cancer
immunotherapy, or harnessing the immune system to fight cancer.
Quotes for the index can be found under the symbol “LCINDX” on the
Bloomberg Professional service and other financial data
providers.
The NASDAQ Biotechnology Index contains 183 securities of
NASDAQ-listed companies classified according to the Industry
Classification Benchmark as either Biotechnology or Pharmaceuticals
which also meet other eligibility criteria. The NASDAQ
Biotechnology Index is calculated under a modified
capitalization-weighted methodology.
One may not directly invest in an index.
Diversification does not assure a profit nor protect against
loss in a declining market.
The SEC does not approve or disapprove of any investment.
(www.sec.gov).
Exchange Traded Concepts, LLC serves as the investment advisor
to the Fund. The Loncar Cancer Immunotherapy ETF is distributed by
Quasar Distributors, LLC, which is not affiliated with Exchange
Traded Concepts, LLC or any of its affiliates.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161014005084/en/
for Nasdaq ETF VenturesLauren Davis,
610-228-2103ise@gregoryfca.com
ETF Series Solutions Tru... (NASDAQ:CNCR)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
ETF Series Solutions Tru... (NASDAQ:CNCR)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025