Gabelli Media Mogul Nextshares (MOGLC) - Portfolio Manager Christopher Marangi

April 3, 2018 - 2:01 minutes



Christopher Marangi is a Portfolio Manager of the Gabelli Media Mogul Fund.

The above webcast is an excerpt from GabelliTV that appeared on April 2, 2018. GAMCO is providing these links as a matter of general information. We do not intend for these links to be a complete description of any security or company, nor is it a research report with respect to any of the companies mentioned herein.

As of March 31, 2018, affiliates of GAMCO Investors, Inc. beneficially owned less than 1% of GCI Liberty, Liberty Broadband Series A, Liberty Broadband Series B, Liberty Broadband Series C, Charter Communications and Lending Tree.

Mr. Marangi's views are subject to change at any time based on market and other conditions. The information in this posting represents the opinions of Mr. Marangi and is not intended to be a forecast of future events, a guarantee of future results, or investment advice. Views expressed are those of Mr. Marangi and may differ from those of other GAMCO officers, analysts, other employees, or of the Firm as a whole.

This webcast is not an offer to sell any security nor is it a solicitation of an offer to buy any security.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800 GABELLI or visit www.gabelli.com

Returns represent past performance and do not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com

About NextShares: As a new type of Fund, NextShares have a limited operating history and may initially be available through a limited number of brokers. There can be no guarantee that an active trading market for Shares will develop or be maintained, or their listing will continue or remain unchanged. Trading prices of shares may be above, at or below NAV, and may vary significantly from anticipated levels. Buyers and sellers of Shares will not know the value of their purchases and sales until the Fund's NAV is determined at the end of the trading day. Trading Prices of Shares are linked to the Fund's nextcomputed NAV and will vary from NAV by a market-determined premium or discount, which may be zero.

Shares of NextShares funds are normally bought and sold in the secondary market through a broker, and may not be individually purchased or redeemed from the fund. In the secondary market, buyers and sellers transact with each other, rather than with the fund. NextShares funds issue and redeem shares only in specified creation unit quantities in transactions by or through Authorized Participants. In such transactions, a fund issues and redeems shares in exchange for the basket of securities, other instruments and/or cash that the fund specifies each business day. By transacting in kind, a NextShares fund can lower its trading costs and enhance fund tax efficiency by avoiding forced sales of securities to meet redemptions.

Redemptions may be effected partially or entirely in cash when in-kind delivery is not practicable or deemed not in the best interests of shareholders. A fund's basket is not intended to be representative of the fund's current portfolio positions and may vary significantly from current positions. As exchange-traded securities, NextShares can operate with low transfer agency expenses by utilizing the same highly efficient share processing system as used for exchange-listed stocks and ETFs. Buying and selling NextShares may require payment of brokerage commissions and expose transacting shareholders to other trading costs. Frequent trading may detract from realized investment returns. The return on a shareholder's NextShares investment will be reduced if the shareholder sells shares at a greater discount or narrower premium to NAV than he or she acquired the shares.

NextShares is a trademark of NextShares Solutions LLC. Used with permission.

Risk factors: Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No Fund is a complete investment program, and you may lose money investing in a fund, including loss of principal. The Fund may engage in other investment practices that may involve additional risks, and you should review the Fund prospectus for a complete description.

All investments are subject to risks, including possible loss of principal. Please carefully consider the investment objectives, risks, charges and expenses of Gabelli NextShares before investing. Please carefully read a copy of the Gabelli NextShares prospectus before investing, which contains this and other information about Gabelli NextShares; you can obtain a copy of the prospectus by calling 800-GABELLI (422-3554), or visit our website at www.gabelli.com.

The Fund invests a significant portion of its assets in companies in the media industry. As a result, the value of the Fund's shares will be more susceptible to factors affecting those particular types of companies, which may include, among others, governmental regulation, greater price volatility for the overall market, rapid obsolescence of products and services, intense competition, and technology.

Gabelli Media Mogul NextShares is an Exchange Traded Managed Fund. Creation units of Gabelli NextShares will be distributed by G.distributors, LLC, an affiliate of Gabelli Funds, LLC, the investment advisor to Gabelli NextShares.

Stocks are subject to market, economic and business risks that cause their prices to fluctuate. When you sell shares, they may be worth less than what you paid for them.

For more information, a prospectus, or summary prospectus visit our website at: www.gabelli.com
or call: 800-GABELLI

800-422-3554 914-921-5100 Fax: 914-921-5118 info@gabelli.com