Skip to content

Start investing now

Invest directly by choosing one of the brokers below

Ameritrade Robinhood New call-to-action New call-to-action Etrade Charles Schwab

Start investing now

Invest directly by choosing one of the brokers below

Ameritrade Robinhood New call-to-action New call-to-action Etrade Charles Schwab

TOLL Monopolies and Oligopolies ETF

Quality companies operating in monopolistic and oligopolistic industry structures

5 Reasons to Consider

Mission Critical icon

Mission Critical

Monopolies typically occur in industries where products and services have immense value to customers with few substitutes
Pricing Power icon

Pricing Power

Whether implicitly or explicitly, monopolies command pricing power, which can help drive earnings growth and mitigate cost pressures on margins
Defensive icon

Defensive

High barriers to entry, such as regulation, can help create defensive earnings streams
Growth icon

Growth

Stable defensive revenue growth and prudent cost management can potentially lead to long duration earnings growth
Quality icon

Quality

Businesses with sustainable competitive advantages have the potential to generate consistently high returns over the long term

Fund Overview

Fund Details

As of December 6, 2023
  • Primary Exchange CBOE BZX Exchange
  • Ticker TOLL
  • Cusip 87975E107
  • Median Bid/Ask Spread (30 Day) 0.37%
  • Fund Inception Date May 10, 2023
  • Gross Expense Ratio 0.99%
  • Net Expense Ratio 0.75%
  • Shares Outstanding 240,000
  • Number of Holdings 33
  • Investment Adviser Tema Global Limited
  • Sub-Investment Adviser NEOS Investments, LLC
  • Distributor Foreside Fund Services, LLC
  • Portfolio Manager Yuri Khodjamirian
*Contractual expense cap for net expense ratio of 0.75% is in effect through 06/30/2024

Fund Summary

The actively managed Tema Monopolies and Oligopolies ETF seeks to provide long-term growth by investing in companies operating in monopolistic industry structures, characterized by sustainable competitive advantage and high explicit (e.g. regulation) and implicit (e.g. high switching costs) barriers to entry. These companies tend to generate high returns on invested capital.

Portfolio Breakdown

Top 10 holdings

As of December 6, 2023
  • Company% Nav

Country Breakdown

Industry Breakdown

Fund Insights & Media

Monopolies and Oligopolies Investor Deck Featured Image

Monopolies and Oligopolies Investor Deck

Introducing TOLL Featured Image

Introducing TOLL

A New Way to Bet on the Spending Power of the Ultra Rich Featured Image

A New Way to Bet on the Spending Power of the Ultra Rich

Profit from New ETF TOLL: A Monopoly Play Featured Image

Profit from New ETF TOLL: A Monopoly Play

Monopolies and Oligopolies Infographic Featured Image

Monopolies and Oligopolies Infographic

Prices & Performance

Monthly Quarterly

TOLL

3 months

YTD

1 Year

3 Years

5 Years

Since Inception

NAV
3.21% -5.40%
8.17% -1.15%
Market Price
3.34% -5.60%
8.68% -1.02%

As of November 30, 2023September 30, 2023

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Returns for periods of less than one year are not annualized.

The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date because there is no bid/ask spread until the fund starts trading.

 

TOLL Nav/Market Price

NAV$27.19
Market Price$27.21
NAV Change (1D)$0.0
Market Price Change (1D)($0.07)
Median Bid/Ask Spread (30 Day)0.37%
Premium/Discount0.08%

Distributions

TOLL

Month

Ex Date

Record Date

Pay Date

Dividend

Premium/Discount

Table Chart

Days Traded at Nav

Days Traded at Premium

Days Traded at Discount

2023/Q2
0
35
0
2023/Q3
0
61
2

How to Buy