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08/07/2023

NDIV July 2023 Recap

RECAP Amplify Natural Resources Dividend Income ETF (NDIV) seeks investment results that generally correspond to the price and yield of the EQM Natural Resources Dividend Income Index. The Index is comprised of dividend-paying U.S. exchange-listed equities operating primarily in the natural resource and commodity-related industries such as: energy, chemicals, agriculture, metals & mining, paper products, and timber. NDIV returned 6.57% on a net asset value (NAV) compared to its benchmark, the EQM Natural Resources Dividend Income Index at 6.67% for the month, as of July 31, 2023. The oil, gas & consumable fuels (78.66%) contributed most significantly to NDIV's return for the month of July 2023, followed by chemicals (11.18%), and metals & mining (8.80%). There were no industry detractors. Positions that contributed most significantly included ICL Group Ltd. (2.84%), Ternium SA (security no longer held in the portfolio as of 7/31/2023) and Ecopetrol SA. (3.04%). Positions that detracted most significantly included TC Energy Corp. (2.48%) and Enbridge Inc. (2.62%).
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08/31/2023

BLOK-Chain Monthly Commentary August 2023

ABOUT BLOK The Amplify Transformational Data Sharing ETF (BLOK) is an actively managed fund, seeking to identify the leading companies focused on the transformation and development of the blockchain and cryptocurrency markets. The managers focus on how companies can capture the growth, innovation, and disruption of the blockchain paradigm shift. The evolution of the internet has changed how people communicate. We believe growth companies that embrace blockchain evolution will capture secular growth trends that are accelerating and disrupting core processes in business.
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09/06/2023

Q2 Earnings and GDP Update

Recent economic figures, which show improving inflation and steady GDP growth, continue to support the market rally. The S&P 500 has gained over 20% with dividends this year and is now only 4.5% below its early 2022 peak through 7/28/2023. The Nasdaq Composite and the Dow Jones Industrial Average have returned 37% and 8%, respectively. These are sharp reversals of last year’s market trends and serve as a reminder that conditions do not need to be perfect for markets to turn around if conditions are moving in the right direction.
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