| BUD | Anheuser-Busch InBev SA/NV ADR | 3.00% |
| DEO | Diageo PLC ADR | 2.88% |
| ABEV | Ambev SA ADR | 2.78% |
| TAP | Molson Coors Beverage Co Shs -B- Non-Voting | 2.71% |
| STZ | Constellation Brands Inc Class A | 2.67% |
| SAM | Boston Beer Co Inc Class A | 2.66% |
| BF-B | Brown-Forman Corp Registered Shs -B- Non Vtg | 2.61% |
| NAPA | The Duckhorn Portfolio Inc | 2.60% |
| MGPI | MGP Ingredients Inc | 2.57% |
| CCU | United Breweries Co Inc ADR | 2.48% |
The fund uses a “passive management” (or indexing) approach to seek to track the performance, before fees and expenses, of the index. The index is a rules-based index that seeks to provide exposure to a portfolio of (i) betting or gambling companies, (ii) alcohol companies and Canadian cannabis companies (defined by the fund as cannabis companies listed on a Canadian exchange, domiciled in Canada, and/or located and primarily operating in Canada), and/or (iii) pharmaceutical companies. It is non-diversified.
B.A.D. ETF
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