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Brookstone Capital Management Makes New Investment in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) via ETF Daily News
Chart of the Week: Advisors Looking to Understand High Yield Credit Risk via ETF Trends
The investment seeks long-term growth of capital. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small cap companies listed on a U.S. exchange. The adviser defines "equity securities" to include common and preferred stock, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITs"), and exchange-traded funds ("ETFs"). The fund may invest up to 30% of its net assets in foreign equity securities of small cap companies traded on a U.S. exchange as ADRs, which may include companies in emerging markets. It is non-diversified.
Analysis is available when the exchange & market are open.