Key stats
About Langar Global HealthTech ETF
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Inception date
Jan 10, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Langar Investment Management LLC
Distributor
Capital Investment Group, Inc.
ISIN
US84858T8633
LGHT targets the global healthcare technology industry. The fund actively invests in HealthTech companies, defined as firms that develop technology designed to create healthcare efficiency by addressing key pain points for patients, providers, payors, and hospitals, including those companies that derive a majority of their revenue from HealthTech products and services. The portfolio construction starts by identifying companies that fit into the advisers HealthTech definition. The remaining companies are screened using a proprietary metric that assesses each firms financial health, involvement in relevant controversies, as well as the strength of its team and culture. Each company is assigned an industry risk score through an algorithm that defines quantitative and qualitative risk categories and weights them accordingly. Finally, each company is reviewed by an investment committee. However, the portfolio manager still has full discretion over the final selection.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Technology Services
Stocks98.54%
Health Technology84.49%
Technology Services12.58%
Health Services0.66%
Finance0.51%
Commercial Services0.30%
Bonds, Cash & Other1.46%
Cash1.46%
Stock breakdown by region
North America73.17%
Europe24.09%
Oceania2.74%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LGHT invests in stocks. The fund's major sectors are Health Technology, with 84.49% stocks, and Technology Services, with 12.58% of the basket. The assets are mostly located in the North America region.
LGHT top holdings are Intuitive Surgical, Inc. and Siemens Healthineers AG Unsponsored ADR, occupying 13.88% and 9.82% of the portfolio correspondingly.
LGHT assets under management is 3.60 M USD. It's fallen 1.94% over the last month.
LGHT fund flows account for 1.39 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, LGHT doesn't pay dividends to its holders.
LGHT shares are issued by Langar Holdings, Inc. under the brand Langar. The ETF was launched on Jan 10, 2024, and its management style is Active.
LGHT expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
LGHT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LGHT invests in stocks.
LGHT price has risen by 2.18% over the last month, and its yearly performance shows a −2.74% decrease. See more dynamics on LGHT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.84% over the last month, showed a 0.69% increase in three-month performance and has increased by 1.30% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.84% over the last month, showed a 0.69% increase in three-month performance and has increased by 1.30% in a year.
LGHT trades at a premium (0.18%) meaning the ETF is trading at a higher price than the calculated NAV.