What is the prime alternative Harvest Fund?

Go to the homepage. The Fund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the Prime Alternative Harvest Index. The Fund invests in financial instruments, such as swap agreements, securities of the Index and ETFs, that provide daily leveraged exposure to the Index.

What is amplify alternative harvest ETF (MJ)?

The Amplify Alternative Harvest ETF (MJ) is an exchange-traded fund that is based on the Prime Alternative Harvest index. The fund tracks an index of global firms engaged in the legal cultivation, production, marketing or distribution of cannabis, cannabinoids or tobacco products.

What is the prime alternative harvest index?

The Prime Alternative Harvest Index enables investors to take advantage of both event-driven news and long-term trends in the cannabis industry as well as the industries likely to be influenced by the medicinal and recreational cannabis legalization initiatives taking place in many locations globally.