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ETF Dedicated To Pro Sports Sponsorships Steps Up To The Plate: FANZ

TedTed
in Fund Discussions
FYI: If you’ve spent any time watching professional sports, whether live or on television, you’ve no doubt heard a variation on this phrase hundreds of times: “this is brought to you by brand X, the official sponsor of the league.” Now, there’s an exchange-traded fund that tracks those sponsors.

The ProSports Sponsors ETF FANZ, -0.05% which made its debut on Tuesday, only holds companies that partner with one of the four major U.S. sports leagues: the National Football League, the National Hockey League, Major League Baseball, and the National Basketball Association. This is separate from team sponsors; for example, Citigroup Inc C, -1.10% and the New York Mets, who play at Citi Field.
Regards,
Ted
http://www.marketwatch.com/story/etf-dedicated-to-pro-sports-sponsorships-steps-up-to-the-plate-2017-07-11/print

Comments

  • MarkMark
    Oh goody, another gimmick fund. Just what I've always wanted.
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