The global cannabis market is expected to grow at a CAGR of around 17% and reach $55.8 billion by 2025. The ETFMG Alternative Harvest ETF (MJ) is the first U.S. and the world?s largest ETF to target the global cannabis industry.
MJ tracks the Prime Alternative Harvest Index, designed to measure the performance of companies within the cannabis ecosystem bene?tting from global medicinal and recreational cannabis legalization initiatives.
Investors looking for exposure to the legal global cannabis market.
About the Fund Manager:
In 2014, ETFMG was founded with a vision of developing innovative thematic ETFs that provide investors unique exposure to new markets. Today, the ETFMG fund lineup provides access to a diverse collection of global themes and is comprised of 75% first to market products.
1. Fund Factsheet
Investment ofper month
gives returns of :
at -22.50% / annum
$in 3 years
for a time period of
Returns % (CAGR)based on historic returns of -22.50% per annum
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