OVERLAND PARK, CT–(BUSINESS WIRE)—BAD Investments, Inc. is pleased to announce the launch of the ETF BAD (NYSE: BAD). This large-cap index fund will cover all segments of the BAD market, including gaming (casinos, bookmakers, online gaming), alcohol/cannabis (production and sale of alcoholic beverages, cultivation and sale of cannabis).
Also pharmaceuticals (development and production of pharmaceuticals and biotechnology products) and food and beverages (development and production of food and beverage products). (development and production of pharmaceuticals and biotechnological products)), before deduction of fees and expenses.
Although the idea of creating a fund focused on non-growth stocks is not new, BAD Investments sees a new opportunity in creating a fund focused on the B.A.D. market segment. BAD Investments sees a new opportunity in the creation of a fund focused on the B.A.D. market segment. This is especially relevant, as companies in these segments are frequently treated.
We believe the vulture sector has defensive characteristics (people tend to keep doing bad things regardless of economic conditions), but it is a segment that historically provides returns aligned with diversification benefits, economic strength and competitiveness.
The BAD ETF is an interesting alternative for new retail investors who have been disappointed by the ESG movement.
With the proliferation of “white” ESG products and the growing social and legal acceptance of sub-market sectors such as sports betting and cannabis, we saw an opportunity to fill a gap in the market. This conclusion was reached primarily as a result of listening to and observing the retail segment over the past year. We believe they want to invest in products based on transparency and quality that they can understand and relate to as consumers, whether it’s health, wealth or entertainment.
Bard Investments está adoptando estas tendencias cambiantes creando productos que no solo cubren múltiples sectores laterales, sino que también ofrecen a los inversores la oportunidad de crecimiento a largo plazo”, añade Mancuso. Muchos inversores nuevos y particulares pueden tener ideas erróneas o una mentalidad de “paso” sobre la inversión.
Our mission is to secure a unique position compared to many fund management firms. We believe we have a great opportunity to leverage our Wall Street knowledge and experience to offer strategically designed investment products, rather than the typical ‘suit’ mentality and attire.”
BAD ETFs are currently listed on the New York Stock Exchange (NYSE: BAD).
About BAD Investments, Inc.
BAD Investments, Inc. is a registered investment adviser and ETF sponsor. The firm focuses on identifying themes and market sectors that can attract investors and offer long-term, sustainable investment opportunities.
Before investing, please read the fund’s investment objectives, risks and charges carefully. This and other information can be found in the prospectus which can be found at www.badinvestmentco.com. Please read the prospectus carefully before investing.
The Fund is a newly established investment company and has no prior investment experience. Potential investors therefore have no track record or history on which to base their investment decisions.
Alcohol, gambling, pharmaceutical and cannabis companies face a number of risks. These industries face stiff competition from participants in illegal activities and from unregulated companies. Gambling, pharmaceutical and cannabis companies are particularly affected by regulatory restrictions and increased compliance costs.
Beverage alcohol companies are particularly affected by demographic and product trends, changes in consumer preferences, nutrition and health issues, price competition, marketing campaigns and environmental factors.
Pharmaceutical companies can be heavily affected by government approvals of products and services, government regulations and reimbursement rates, pricing pressure (including discounts), limited product portfolios, limited product ranges, expired patents and intense competition. New drug development is very expensive and the results are unpredictable.
Cannabis-related businesses are subject to a number of laws and regulations that vary at the state and local level and at the federal level. These laws and regulations can (i) significantly affect the ability of cannabis-related businesses to raise capital, (ii) affect the market for cannabis industry sales and services, and (iii) impose restrictions on the use, production, transportation and storage of cannabis.
In addition, cannabis-related businesses face the risks associated with the agricultural industry in general, including changes and trends affecting commodity prices, labour costs, climate, and environmental, health and safety laws and regulations.
A new wave of BAD
The BAD ETF is also an interesting option for new retail investors who are frustrated by the ESG movement.
Tommy Mancuso, president and co-founder of BAD Investments, says: “With the proliferation of ‘white’ ESG products and the growing social and legal acceptance of sub-markets such as sports betting and cannabis, we saw an opportunity to fill a gap in the market.”
We have come to this conclusion primarily by listening to and observing new and active market participants over the last year,” he said. We believe they want to invest in products based on transparency and quality that they can understand and relate to as consumers, whether it is health, wealth or entertainment.
Bard Investments capitalises on this shift by offering a diversified range of products across multiple secondary sectors, providing investors with long-term growth opportunities,” Mancuso added. “Many new and individual investors may have misconceptions or a ‘pass-through’ mentality about investing.
Our mission is to secure a unique position compared to many fund management firms. We believe we are ideally positioned to offer strategic investment products that leverage Wall Street knowledge and experience, rather than the typical “suit” mentality and attire.