Gabelli Food of All Nations NextSharesTM

Search Gabelli Funds
 

OVERVIEW FUND DETAILS PRICE & PERFORMANCE DIVIDEND & TAX INFO

Statement of Additional Info           Prospectus           Intraday Indicative Value/Basket Info      
Fund Overview for Food of All Nations NextShares<SUP>TM</SUP>

Objective

Gabelli Food of All Nations NextShares (the ‘‘Fund’’) seeks to provide capital appreciation.

Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in common stocks and preferred stocks of domestic and foreign companies of all capitalization ranges in the food and beverage industries. Companies in the food and beverage industries are companies that are engaged in the manufacture, sale or distribution of agricultural products; brewers, distillers and vintners; food distributors and retailers; household and consumer product companies; hypermarkets and super centers; packaged foods and meats; personal products; soft drinks and tobacco. The portfolio manager will invest in companies that, in the public market, are selling at a significant discount to the portfolio manager’s assessment of their private market value (‘‘PMV’’). The portfolio manager defines PMV as the value informed purchasers are willing to pay to acquire assets with similar characteristics. The portfolio manager considers factors such as price, earnings expectations, earnings and price histories, balance sheet characteristics, and perceived management skills. The portfolio manager also considers changes in economic and political outlooks as well as individual corporate developments. The portfolio manager will sell any Fund investments that lose their perceived value relative to other investments.

  Gabelli Food of All Nations NextSharesTM


Fund Structure:   NextShares
Investment Style:  
Inception:   February 14, 2017
 
Class :   FOANC
 
Portfolio Manager

In the News
February 14, 2017

 


The Fund's share price will fluctuate with changes in the market value of the Fund's portfolio securities. Stocks are subject to market, economic and business risks that cause their prices to fluctuate. When you sell Fund shares, they may be worth less than what you paid for them. Consequently, you can lose money by investing in the Fund.

Investors should carefully consider the investment objectives, risks, charges and expenses of Gabelli NextShares before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800-GABELLI or visit www.gabelli.com.

Industry Concentration Risk: The Fund invests a significant portion of its assets in companies in the food and beverage industries, which includes but is not limited to, companies involved in the manufacture, sale or distribution of agricultural products; brewers, distillers and vintners; food distributors and retailers; household and consumer product companies; hypermarkets and super centers; packaged foods and meats; personal products; soft drinks and tobacco. As a result, the value of the Fund’s shares will be more susceptible to factors affecting those particular types of companies, which may include, among others, governmental regulation, greater price volatility for the overall market, rapid obsolescence of products and services, intense competition, and strong market reactions to consumer tastes and demands.

NextSharesTM is a trademark of NextShares Solutions LLC. All rights reserved.

Creation units of Gabelli NextShares are distributed by G.distributors, LLC., an affiliate of Gabelli Funds, LLC, the investment adviser to Gabelli NextShares.