An ETF investing equally in the constituents of the Barclays Fortune 500 Equal Weighted Total Return Index, providing balanced exposure to the highest-revenue-generating, publicly listed U.S.-based companies
It reduces the dominance of large-cap companies, offering a more diversified investment.
The portfolio is reconstituted annually and rebalances quarterly to maintain equal weighting.
Broad sector exposure, reduced sector-specific risks; and a systematic, transparent selection process
For Financial Professional Use Only
The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus contain this and other important information about the investment company and may be obtained by calling (855) 937-0772, or downloading from the fund document library on this website. Read them carefully before investing.
Investing in ETFs involves additional risks such as the market price of the shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a fund's ability to sell its shares.
Sector allocations and fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security. Portfolio holdings generally are made available 30 days after month-end by visiting www.doubleline.com. The source for the information in this report is DoubleLine Capital, which maintains its data on a trade date basis.
The risk that the market price of common stocks and other equity securities may go up or down, sometimes rapidly or unpredictably, including due to factors affecting equity securities markets generally, particular industries represented in those markets, or the issuer.
Fund may underperform the return of the Underlying Index for a number of reasons, including, for example, (i) the performance of investments or derivatives related to the Underlying Index may not correlate with the Underlying Index and/or may underperform the Index due to transaction costs, fees, or other aspects of the transaction’s pricing; (ii) the Fund may not be able to find counterparties willing to enter into derivative instruments whose returns are based on the return of the Underlying Index or find parties who are willing to do so at an acceptable cost or level of risk to the Fund; and (iii) errors may arise in carrying out the Underlying Index’s methodology, or the Index Provider may incorrectly report information concerning the Index.
The risk that investing substantially in issuers in one market capitalization category (large, medium, or small) may adversely affect the Fund because of unfavorable market conditions particularly to that category of issuers, such as larger, more established companies being unable to respond quickly to new competitive challenges or attain the high growth rates of successful smaller companies, or, conversely, stocks of smaller companies being more volatile than those of larger companies due to, among other things, narrower product lines, more limited financial resources, fewer experienced managers and there typically being less publicly available information about small capitalization companies. The Fund expects to have exposure particularly to larger capitalization issuers through its exposure to the Underlying Index.
The fund may use leverage which may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the Fund to be more volatile than if leverage was not used.
Derivatives involve special risks including correlation, counterparty, liquidity, operational, accounting and tax risks. These risks, in certain cases, may be greater than the risks presented by more traditional investments.
Barclays Bank PLC and its affiliates (“Barclays”) is not the developer or implementer of the DoubleLine Fortune 500 Equal Weighted ETF (the “ETF”) and Barclays has no responsibilities, obligations or duties to investors in the ETF. The Barclays Fortune 500 Equal Weighted Total Return Index (the “Index”) is comprised of trademarks owned by or licensed to Barclays Bank PLC and licensed for use by DoubleLine. While DoubleLine may execute transaction(s) with Barclays in or relating to an ETF or an Index, investors acquire interests solely in their account and investors neither acquire any interest in an ETF or an Index nor enter into any relationship of any kind whatsoever with Barclays upon making an investment. An ETF is not sponsored, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding the advisability of investing in an ETF or the use of an Index or any data included therein. Barclays shall not be liable in any way to investors or to other third parties in respect of the use or accuracy of an ETF, an Index or any data included therein.
Fortune and Fortune 500 are registered trademarks of Fortune Media IP limited (“Fortune IP”, together with its affiliate Fortune Media (U.S.A) corporation, the “Fortune Group”) used under license. Fortune Group is not affiliated with and does not endorse products or services of Barclays Bank PLC or DoubleLine. Fortune Group and Fortune are not investment advisors or broker dealers and do not guarantee the adequacy, accuracy, timeliness and/or the completeness of the Fortune indices or any data related thereto or any communication (including but not limited to, oral or written communication (including electronic communications)) with respect thereto. Neither Fortune Group nor Fortune shall be subject to any damages or liability for any errors, omissions, or delays therein. Fortune Group and Fortune make no warranties, express or implied, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use or as to results to be obtained by Barclays Bank plc, DoubleLine, owners of the securities, or any other person or entity from the use of the Fortune indices or with respect to any data related thereto. Without limiting any of the foregoing, in no event whatsoever shall Fortune Group or Fortune be liable for any indirect, special, incidental, punitive, or consequential damages including but not limited to, loss of profits, trading losses, lost time or goodwill, even if they have been advised of the possibility of such damages, whether in contract, tort, strict liability, or otherwise. There are no third-party beneficiaries of any agreements or arrangements between Fortune Group and Fortune and Barclays Bank plc, other than as the licensees of Fortune Group.
Yield to maturity (YTM) does not represent return. YTM provides a summary measurement of an investment’s cash flows, including principal received at maturity based on a given price. Actual yields may fluctuate due to a number of factors such as the holding period, changes in reinvestment rates as cash flows are received and redeployed, receipt of timely income and principal payments. DoubleLine views YTM as a characteristic of a portfolio of holdings often used, along with other risk measures such as duration and spread, to determine the relative attractiveness of an investment.
DoubleLine ETFs are distributed by Foreside Fund Services, LLC.
