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BOSS - GX Founder-Run Companies ETF

GX Founder-Run Companies ETF logoThe GX Founder-Run Companies ETF (BOSS) is an exchange-traded fund that seeks to provide investment results that correspond to the price and yield performance of the Solactive Founder-Run Companies Index. The Solactive index is designed to track the performance of companies in which the founder or a founderís family has a significant stake and active involvement in the management of the company. The fund is managed by Global X Management Company LLC.

BOSS provides investors with exposure to founder-run companies, which have unique characteristics that differentiate them from other companies. Founders are often highly motivated, have a long-term view, and are committed to growing the company. They have a strong sense of ownership and are highly invested in the success of the business. Research has shown that founder-run companies often outperform other companies over the long term.

As of March 18th, 2023, BOSS had a total net asset value of $53.45 million and consisted of 86 holdings. The fund has an expense ratio of 0.45%, which is relatively low compared to other actively managed funds.

BOSS holdings are diversified across sectors, with the largest sector allocations being information technology, consumer discretionary, and healthcare. The top ten holdings make up over 50% of the portfolio, with Shopify Inc. being the largest holding, followed by Moderna Inc. and ServiceNow Inc.

BOSS is an actively managed fund, which means that the portfolio manager has discretion to make investment decisions based on market conditions and the performance of individual holdings. The fund's objective is to provide investors with long-term capital appreciation, but it may also generate income through investments in dividend-paying stocks.

Overall, the GX Founder-Run Companies ETF (BOSS) provides investors with exposure to a unique segment of the market that has the potential to generate strong long-term returns. However, as with any investment, there are risks involved, and investors should carefully consider their investment objectives and risk tolerance before investing in BOSS.

 



 

 

 
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