- ESPO's investment mandate is to track the market-cap-weighted MVIS Global Video Gaming and eSports Index.
- ESPO is highly concentrated and quite top-heavy to boot, with only 25 equity holdings at the moment. The fund has a significant growth tilt, which is expectable.
- As of May 25, ESPO oversaw over $795 million in assets. That is over 3.6x higher than a year ago, which is a consequence of the two tailwinds: capital appreciation of the portfolio holdings and robust asset flows.
- Even if tighter credit conditions materialize earlier than expected, it will still change nothing regarding the long-term resilient trend in the sprawling video gaming space, which makes ESPO an investment vehicle to consider.
For further details see:
ESPO: It Makes Sense To Opportunistically Utilize The Pullback