An ETF That Profits When the House Wins

An ETF That Profits When the House Wins

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Interactive Video

Business

University

Hard

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The video discusses the global gaming industry, focusing on casinos, sports betting, and lottery services. It highlights the BJK fund, which tracks a market CAP-weighted index of companies generating significant revenue from gaming. The fund includes over 40 companies like Las Vegas Sands and Galaxy Entertainment. Initially, BJK kept pace with the S&P 500 but later declined due to a scandal involving Steve Wynn. Despite challenges, the fund reached a record high in May 2018 and currently holds $30 million in assets, costing 67 basis points, and is rated positively by Bloomberg Intelligence.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What types of gaming activities are mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the ticker symbol under which the fund trades?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Which companies are featured in the fund mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event affected the fund's performance after May 2018?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How much in assets does the fund have according to the text?

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