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AdvisorShares Psychedelics ETF PSIL

The AdvisorShares Psychedelics ETF (the Fund) seeks long-term capital appreciation. The Fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in (i) securities of companies that derive at least 50% of their net revenue from or devote 50% of their assets to psychedelic drugs and (ii) derivatives that have economic characteristics similar to such securities. The Fund primarily invests in publicly listed life sciences companies focused on psychedelic medicines as well as other companies with activities in the psychedelics business. The Fund invests in exchange-listed equity securities, including common and preferred stock of U.S. and foreign mid, small and micro-capitalization companies, and in total return swaps intended to provide exposure to such companies.


ARCA:PSIL - Post by User

AdvisorShares Psychedelics ETF
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Post by partystockeron Feb 20, 2022 3:15pm
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Post# 34446542

$ORIG Provides Exposure To The Private Psychedelic Industry

$ORIG Provides Exposure To The Private Psychedelic Industry

After the recent move by the Canadian govt. allowing physicians to prescribe psychedelic therapies, watch for Origin Therapeutics to go public under $ORIG on Canadian markets.

Going to be one of the few funds offering exposure to privately help companies in the industry.

 

https://originpsychedelics.com/

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