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Gabelli Pet Parents’TM NextSharesTM

Fund Overview for Pet Parents'<SUP>TM</SUP> NextShares<SUP>TM</SUP>

Objective

The Gabelli Pet Parents’ NextShares (the “Fund”) is intended for investors seeking capital appreciation.

Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in common and preferred shares of publicly traded domestic and foreign companies of all capitalization ranges in the pet industry. The pet industry includes companies that offer services and products for pets and pet owners (‘‘Pet Parents’’). Such companies will generally derive at least 50% of their revenues or profits from, or will devote at least 50% of their assets to the following sectors: manufacturers and distributors of pet food, pet supplies, veterinary pharmaceuticals, veterinary wellness, veterinary and other pet services, pet equipment, pet toys, and products and services that support Pet Parents regarding their pet activities (hereinafter the ‘‘Pet Industry’’).

  Gabelli Pet Parents’TM NextSharesTM


Fund Structure:   NextShares
Investment Style:  
Inception:   June 19, 2018
 
Class :   PETZC
 
Portfolio Manager

 


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 Risks. The Fund invests a significant portion of its assets in companies in the companion pet industry and, as a result, the value of the Fund’s shares is more susceptible to factors affecting those particular types of companies in that industry, including governmental regulation, a greater price volatility than the overall market, rapid obsolescence of products and services, intense competition and strong market reactions to pet industry developments. As a consequence of its concentration policy, the Fund’s investments may be subject to greater risk and market fluctuation than a fund that has securities representing a broader range of alternatives.

Gabelli Pet Parents'TM is a trademark of GAMCO Investors, Inc. All rights reserved.

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.