What is ZSB?

ZSB is an actively managed fund consisting of derivatives that provide exposure to various metals necessary for battery and electrification infrastructure.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ZSB -- -- -- -- -- -- --
ZSB (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI All Metals Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ZSB Factset Analytics Insight

ZSB aims to benefit from global “electrification” by investing in metals used for batteries, battery charging infrastructure, sustainable energy generation, and storage infrastructure. The fund primarily invests in liquid metal derivatives, including futures, swaps, and options, either directly or indirectly through its wholly-owned Cayman Island subsidiary. If derivatives are not available, the fund may select global companies that generate at least 50% of their revenue from metals mining, processing, refining, recycling, and other related activities. To construct the portfolio, the adviser uses a proprietary, multi-factor quantitative methodology that considers the metal’s use in battery and electrification infrastructure, as well as its environmental impact. On an annual basis, carbon emissions associated with each of the holdings are estimated, and an equivalent amount of carbon offset investments are purchased to achieve an approximate net-zero carbon footprint

ZSB Summary Data

Marygold
01/11/23
0.59%
$2.63M
No Underlying Index
S&P GSCI All Metals Index
Open-Ended Fund

Peers

S&P GSCI All Metals Index
N/A

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

ZSB Portfolio Data

Futures
Variable
N/A
--

ZSB Index Data

No Underlying Index
Proprietary
Proprietary
S&P GSCI All Metals Index

ZSB Portfolio Management

0.59%
--
--
--

ZSB Tax Exposures

20.00% / 39.60%
--
No

ZSB Fund Structure

Open-Ended Fund
No
No
N/A
N/A
Low
None

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of ZSB. ZSB is rated a 5 out of 5.

ZSB Tradability

147
$3.55K
147
$3.70K
1.10%
$0.29
0.53%
1.29% / -1.40%
None
100.00%
25,000
0.01
--
--
0
$26.10
5

ZSB Sector Breakdown

ZSB Segment
Benchmark
39.64% --
37.20% --
13.36% --
6.89% --
1.30% --
0.94% --
0.69% --

ZSB Top 10 Targeted Commodity Weights

22.22%
18.63%
18.56%
17.41%
2.56%
2.01%
1.52%
1.32%
1.30%
86.70%

ZSB Performance Statistics

--
--
--
--
0.00%

ZSB Tenor Strategy

ZSB is actively managed. Contract selection is at the discretion of the portfolio adviser.

ZSB Rolling Strategy

ZSB is actively managed. Contract selection is at the discretion of the portfolio adviser.

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.