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Mobile Payments ETF

IPAY-Mobile Payments ETF

IPAY

The World's first Mobile/Electronic Payments ETF

The recent shift in the payments industry has been the transition away from the traditional payments methods and into mobile methods. It is commonly held that consumer spending accounts for approximately two thirds of U.S. Gross Domestic Product (GDP) which in real terms equates to roughly 11.5 trillion dollars. It is estimated by the Electronic Transaction Association (ETA) that 70% of these transaction are conducted electronically. While the basic infrastructure that facilitates electronic payments (e-payments) has been in place for decades, it has recently evolved to facilitate the demands of a now global industry. Per the ETA, industry segments include Card Networks, Infrastructure & Software Providers, Processors and/or Solutions companies; players from each of these segments are represented in the fund.

PureFunds ISE Mobile Payments ETF (IPAY), the World's first Mobile/Electronic Payments ETF, was created to provide the market with a transparent vehicle to invest in the increasingly important Mobile Payments industry. Mobile payments is inclusive of the many growing forms of mobile payments involving both electronic and digital payments.

The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ISE Mobile Payments Index.

The Mobile Payments Revolution >

FUND PRICE

AS OF 05/22/2017

NAV MARKET PRICE
Net Asset Value $29.00 Closing Price $29.04
Daily Change $ $0.25 Daily Change $ $0.24
Daily Change % 0.87% Closing Price 0.24%

PERFORMANCE HISTORY

AS OF 04/30/2017

1 MONTH 3 MONTH 6 MONTH 1 YEAR QTD YTD SINCE
INCEPTION
MONTH END
NAV % 1.09% 7.17% 14.24% 16.37% - 11.17% 13.67
Market Value % 1.00% 7.31% 14.12% 16.18% - 10.67% 13.85
QUARTER END AS OF 03/31/2017
NAV % 0.77% 9.97% 12.14% 17.27% - 9.97% 12.44
Market Value % 0.75% 9.57% 11.74% 17.38% - 9.57% 12.73

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 877-756-PURE.

TOP 10 HOLDINGS

AS OF 05-22-2017

RANK NAME %TOTAL
NET ASSET
TICKER SHARE HELD MARKET VALUE USD
1PAX GLOBAL TECHNOL0.10%327 HK186,535$112,376
2ACI WORLDWIDE INC2.36%ACIW113,536$2,596,568
3AMERICAN EXPRESS CO5.23%AXP74,850$5,761,953
4DISCOVER FINL SVCS4.26%DFS78,620$4,694,400
5EURONET WORLDWIDE INC2.61%EEFT34,080$2,877,034
6EVERTEC INC1.25%EVTC82,982$1,381,650
7FIRST DATA CORP NEW3.57%FDC235,730$3,931,976
8FIDELITY NATL INFORMATION SVCS COM5.00%FIS65,556$5,508,671
9FISERV INC5.00%FISV45,004$5,504,889
10FLEETCOR TECHNOLOGIES INC3.65%FLT29,375$4,026,431
DOWNLOAD ALL HOLDINGS (.CSV) >

Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.

The ISE Mobile Payments Index is designed to reflect the performance of companies involved in the mobile and electronic payments industry, including card networks, processors, infrastructure/software and solutions companies. The stocks are screened for liquidity and weighted according to IPY's methodology guide which can be found here. The stocks are screened for liquidity and weighted according to a modified linear-based capitalization-weighted methodology. The Index was created and is maintained by ISE Indexes. An investment cannot be made directly in an index.

FUND FACTS

  • ETF Ticker
    IPAY
  • Exchange
    NYSE Arca
  • Inception
    07/16/2015
  • CUSIP
    26924G409
  • ISIN
    US26924G4091
  • Expense Ratio
    0.75%
  • Index Provider
    ISE
  • Index Ticker
    IPY
  • # of Holdings
    31
  • O/S1
    3800000.000
  • Net Assets
    $110183393.27
  • Distribution
    NA
  • Last Ex-Date
    NA
  • Last Pay Date
    NA
  • 30-Day SEC Yld
    0.06%

"The future of payments is making transactions easier, faster and less expensive; mobile payment companies seek those goals."

– Andrew Chanin
PureFunds

IPAY-Mobile Payments ETF