The Fund's share price will fluctuate with changes in the market value of the Fund's portfolio securities. Stocks are subject to market, economic and business risks that cause their prices to fluctuate. When you sell Fund shares, they may be worth less than what you paid for them. Consequently, you can lose money by investing in the Fund.
Investors should carefully consider the investment objectives, risks, charges and expenses of Gabelli NextShares 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.
Industry Concentration Risks. The Fund invests a significant portion of its assets in companies in the companion pet industry and, as a result, the value of the Fund’s shares is more susceptible to factors affecting those particular types of companies in that industry, including governmental regulation, a greater price volatility than the overall market, rapid obsolescence of products and services, intense competition and strong market reactions to pet industry developments. As a consequence of its concentration policy, the Fund’s investments may be subject to greater risk and market fluctuation than a fund that has securities representing a broader range of alternatives.
Gabelli Pet Parents'TM is a trademark of GAMCO Investors, Inc. All rights reserved.
NextSharesTM is a trademark of NextShares Solutions LLC. All rights reserved.
Creation units of Gabelli NextShares are distributed by G.distributors, LLC., an affiliate of Gabelli Funds, LLC, the investment adviser to Gabelli NextShares.