CNBS – Amplify Seymour Cannabis ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investors capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing in the securities of U.S. companies engaged in cannabis and hemp-related activities selected by the fund’s investment adviser, Amplify Investments LL. Pursuant to this strategy, it will invest at least 80% of its net assets (plus borrowings for investment purposes) in the securities of U.S. companies that derive 50% or more of their revenue from the cannabis and hemp ecosystem and in derivatives that have economic characteristics similar to such securities. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
CNBS	Amplify Seymour Cannabis ETF	ETF	Open	—	—	Jul 15, 2019	$70.06M	0.760%	—	—	−$29.51M

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