Gabelli’s Love Our Planet & People ETF Announces Availability at Charles Schwab And Continues Loyalty Program
March 23 2022 - 7:00AM
Business Wire
GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) announced today that
its actively managed Gabelli Love Our Planet & People ETF
(NYSE: LOPP) is now available for investment on the Charles Schwab
Exchange Traded Fund (ETF) Platform.
GAMCO is also extending the Loyalty Program under which it will
absorb all fees and expenses on the first $100 million invested in
LOPP. GAMCO is privileged to absorb all costs in an effort to
underscore LOPP’s emphasis on the environment, and to help its
clients invest in the future of planet earth and its people.
The February 2021 launch of Love Our Planet & People
reflected a mandate to invest in companies committed to sustainable
practices such as renewable energy and the reduction or recycling
of long-lived wastes such as plastics. The LOPP team has extensive
experience researching and investing in companies involved in
forward-looking sectors including renewable power generation (wind,
solar, water), electric transmission and storage, electric
mobility, waste reduction and recycling, water conservation and
treatment, and human nutrition throughout the world.
LOPP Team
Christopher J. Marangi joined Gabelli in 2003 as a research
analyst. Currently he is a Managing Director and Co-Chief
Investment Officer for Gabelli’s Value team. In addition, he
currently serves as a portfolio manager of Gabelli Funds, LLC and
manages several funds within the Gabelli/GAMCO Funds Complex,
including the ESG Fund since 2011. Mr. Marangi graduated magna cum
laude and Phi Beta Kappa with a BA in Political Economy from
Williams College and holds an MBA with honors from Columbia
Business School.
Lieutenant Colonel Tony Bancroft, United States Marine Corps
Reserve, joined the firm in 2009 as an associate in the alternative
investments division and is currently an analyst covering the
aerospace and defense and environmental services sectors, with a
focus on suppliers to the commercial, military and regional jet
aircraft industry and waste services. He previously served in the
United States Marine Corp as an F/A-18 Hornet fighter pilot. Tony
graduated with distinction from the United States Naval Academy
with a BS in systems engineering and holds an MBA in finance and
economics from Columbia Business School.
Melody Bryant joined Gabelli in 2018 and serves as co-portfolio
manager for the separate accounts assigned to GAMCO from Trevor,
Stewart, Burton & Jacobsen. Prior to her current position, she
was co-chairman of BKF Capital and a portfolio manager and managing
director at Neuberger Berman. Since 2019, she has managed the
Gabelli ESG Fund. Melody holds a BA from State University of New
York, and attended the Leonard N. Stern School of Business.
Hanna Howard is a research analyst and covers both the packaging
industry as well as the telecommunications sector with a focus on
broadcasting and media companies. She joined the firm full-time in
2019 after completing an internship during the summer of 2018.
Previously, she was an analyst at Steel Partners Holdings and an
associate at Huron Consulting Group. Hanna graduated cum laude from
Vanderbilt University with a BS in human and organizational
development. She also holds an MBA with a concentration in Finance
from Northwestern University’s Kellogg School of Management.
Ian Lapey joined the firm in 2018 and is the portfolio manager
of The Gabelli Global Financial Services Fund and co-portfolio
manager of The Gabelli ESG Fund. Prior to joining the firm he was a
research analyst and partner at Moerus Capital Management LLC and
before that was a partner, research analyst and portfolio manager
at Third Avenue Management where in 2009 he was appointed
co-manager of the flagship Third Avenue Value Fund alongside
legendary value investor Marty Whitman. Ian was subsequently named
sole portfolio manager of that fund in 2012. Previously he held
equity research analyst positions at Credit Suisse First Boston and
Salomon Brothers. He began his career as a staff accountant for
Ernst & Young as a CPA (inactive). Ian holds a BA in economics
from Williams College, an MBA in finance and statistics from the
Stern School of Business at New York University and an MS in
accounting from Northeastern University.
Ashish Sinha is an analyst focused on European equities in a
generalist role. He is based in London and joined the firm in 2012.
Previously he was an equity research analyst at Morgan Stanley and
covered European technology, European mid-caps and European
business services sector. Prior to that he worked in planning and
strategy at Birla Sun Life Insurance in India. Ashish holds a
Bachelor of Business Administration (BBA) from IMS, India and a
Master of International Business (MPIB) from the Indian Institute
of Foreign Trade (IIFT), India. He is a CFA charterholder. He is
fluent in English, Hindi and Urdu.
Timothy M. Winter, CFA, joined Gabelli in 2009 and covers the
utility industry. He has over 25 years of experience as an equity
research analyst covering the industry. Currently, he continues to
specialize in the utility industry and also serves as a portfolio
manager of Gabelli Funds, LLC. Mr. Winter received his BA in
Economics in 1991 from Rollins College and MBA in Finance from
Notre Dame in 1992.
About Gabelli Love Our Planet & People ETF
Gabelli Love Our Planet & People ETF is a diversified,
open-end management investment company whose primary investment
objective is to seek capital appreciation. Under normal market
conditions, the Fund will invest at least 80%, of its assets in
U.S. exchange-listed common and preferred stocks of companies that
meet the Fund’s guidelines for environmental responsibility at the
time of investment. Your investment in the Fund is not guaranteed
and you could lose some or all of the amount you invested. The Fund
is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors,
Inc. (NYSE:GBL).
Please read the Prospectus, including the Risk Discussion,
carefully to understand the attributes and risks of this ETF before
investing.
This ETF is different from traditional ETFs. Traditional ETFs
tell the public what assets they hold each day. This ETF will not.
This may create additional risks for your investment. For
example:
- You may have to pay more money to trade the ETF’s shares. This
ETF will provide less information to traders, who tend to charge
more for trades when they have less information.
- The price you pay to buy ETF shares on an exchange may not
match the value of the ETF’s portfolio. The same is true when you
sell shares. These price differences may be greater for this ETF
compared to other ETFs because it provides less information to
traders.
- These additional risks may be even greater in bad or uncertain
market conditions. The differences between this ETF and other ETFs
may also have advantages. By keeping certain information about the
ETF secret, this ETF may face less risk that other traders can
predict or copy its investment strategy. This may improve the ETF’s
performance. If other traders are able to copy or predict the ETF’s
investment strategy however, this may hurt the ETF’s performance.
For additional information regarding the unique attributes and
risks of the ETF, see the ActiveShares prospectus/registration
statement.
You should consider the ETF’s investment objectives, risks,
charges and expenses carefully before you invest. The ETF’s
Prospectus is available from G.distributors, LLC, a registered
broker-dealer and FINRA member firm, and contains this and other
information about the ETF, and should be read carefully before
investing.
To obtain a Prospectus, please visit
https://www.gabelli.com/funds/etfs or call:
John Ball 914-921-7728
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version on businesswire.com: https://www.businesswire.com/news/home/20220323005241/en/
For Business Inquiries John Ball jball@gabelli.com
914-921-7728
For Media Inquiries Chris Marangi cmarangi@gabelli.com
914-921-5219
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