IPAY - IPAY: Capital Shortage Valuation Amongst Risks

• IPAY tracks the modified linear-based capitalization-weighted Prime Mobile Payments Index, which is rebalanced and reconstituted quarterly.
• IPAY's holdings are supposed to capitalize on the mobile payments market's meteoric growth anticipated in the long term.
• In the current iteration, IPAY has 54 equity holdings, with the major ten accounting for around 48.4%. The fund is overweight in V, MA, and AXP.
• The article provides a detailed look at valuation, touching upon risks that make IPAY only a Hold despite a great deal of froth removed this year.

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