Gabelli Growth Innovators ETF(AMEX:GGRW)

GGRW invests in companies that fit the Innovation theme that the Adviser defines as the introduction of new technologies, products or services that redefine how businesses operate. The fund uses fundamental security analysis to determine a companys future earnings potential. Decisions are made by first looking at each company and then analyzing growth prospects in relation to the industry and overall economy. GGRW is a non-transparent ETF, which means it does not provide daily disclosure of its portfolio holdings unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads than other ETFs that disclose holdings daily, especially during periods of volatility. The fund provides a VIIV (verified intraday indicative value) throughout the day, which provides correlated per-share value that can be compared to the current market price. As an actively managed fund, the portfolio managers can make buy, sell, and hold decisions at their discretion