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GraniteShares lists first FAANG, GAFAM and FATANG ETPs

GraniteShares lists first of a kind ETPs on the LSE tracking FAANG, GAFAM and FATANG stocks. Investors have the option of going long or short

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GraniteShares is transforming high conviction investing with the ground-breaking launch of the world’s first FAANG, GAFAM and FATANG ETPs.

FAANG, GAFAM and FATANG are acronyms that refer to the most popular and best performing U.S. tech companies. The term FAANG was originally coined by Jim Cramer, the television host of CNBC’s Mad Money, in 2013, who praised these companies for being “totally dominant in their markets”.

FAANG: Facebook, Amazon, Apple, Netflix and Google

GAFAM: Google, Apple, Facebook Amazon and Microsoft

FATANG: Facebook, Amazon, Tesla, Apple, Netflix and Google 

In addition to being some of the most recognised companies in the world, they are also some of the largest, representing approximately $8 trillion in size or approximately 26% of the US stock market by capitalisation. All three indices have outperformed the U.S. stock market over last one, three and five year periods*.

Index Performance vs the U.S. Stockmarket
FAANG GAFAM FATANG S&P Net
5 years 327.35% 304.58% 539.03% 105.34%
3 years 109.40% 119.27% 217.15% 36.97%
1 year 49.40% 47.47% 102.28% 16.62%

*S&P Net: Performance of the S&P500 Index excluding FAANG, GAFAM & FATANG Stocks at end of January 2021

GraniteShares’ new product suite, which goes live on the London Stock Exchange on March 8th, offers long, short and 3X leveraged ETFs on FAANG, GAFAM and FATANG indices and can be traded in a single ticker symbol via ordinary brokerage accounts.

ETPs offer a pure way to gain exposure to top tech companies in the U.S. market. Indices are equally weighted and rebalanced quarterly.

Will Rhind, Founder and CEO at GraniteShares said: “We are delighted to launch another first to market ETP suite and give investors pure index exposure to FAANG stocks for the first time.”

“This ETP family is an opportunity for investors to express their convictions by investing in the index of their choice on an unleveraged or leveraged basis.”

 Details of the new products are listed below.

Product Name Ticker Leverage Factor
GraniteShares FAANG ETP FANG
GraniteShares 1x Short FAANG Daily ETP SFNG -1x
GraniteShares 3x Long FAANG Daily ETP 3FNG +3x
GraniteShares 3x Short FAANG Daily ETP 3SFG -3x
GraniteShares GAFAM ETP GFAM
GraniteShares 1x Short GAFAM Daily ETP SGFM -1x
GraniteShares 3x Long GAFAM Daily ETP 3GFM +3x
GraniteShares 3x Short GAFAM Daily ETP 3SGF -3x
GraniteShares FATANG ETP FTNG
GraniteShares 1x Short FATANG Daily ETP SFTG -1x
GraniteShares 3x Long FATANG Daily ETP 3FTG +3x
GraniteShares 3x Short FATANG Daily ETP 3SFT -3x

Source: ETFWorld.co.uk

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