you has this periods important all quarter-by-quarter, thank with its but time And it own and of volatility. a over place. over years, It's of class volatility. see time, you dramatic can visual changes very Holly. can taking is listeners And not Every share the X asset change. by understand you, DNA Thank for definitely to you
days important S&P is It So to that XX used on the gold volatile over same. what's bullion XXX. the is here really less be
that XXX thought asset look our funds, I once we're twice as S&P our managers twice the is And you twice when so we So we're days, then for over daily see and And as most we're can volatility like what gold volatile known volatile gold as also at was is days. again, over ourselves, XX interesting. XX bullion.
X% only Jones go down of days So over X. the is to or GROW it's for asset up manager for Dow the whereas a nonevent XX time, X%,
investments So because that? volatile have why our ETF. It's we asset other is Jets is and that biggest also class are
is volatile. And daily X%. As can more volatility our high XX but blockchain, over like X%, that's see, you much days, investments GROW is, it companies in it's what
to But move. revenue sentiment important our most a flow get really you of So should cash business. and the us we're what’s all is how running be from doing and
beta X.X. Our determine smart we investment stock and And macro and use to micro a countries, selection models individual models our ETFs securities. sectors of top-down waitings matrix bottom-up in process, are
to to reasonable We both both growth are apply we superior historical terms in socioeconomic at and and we track cycles, fiscal and economic on with value in a and work believe monitor progressional it monetary and result, looking fundamental Also, we've the companies construction policies stock we are addition done change. precursor countries, So price focus population. of the we growth that lot factors portfolio the policies of government on write and the a stature models, world's for a to and And identify picking. largest for statistical including as back-testing and metrics.
specific local and companies these by and and first-hand volatility. well as domestic explicit obtained global monitor of to use observation conditions models travel market knowledge for We case statistical overlaid knowledge projects. a of matrix We as our models with geopolitical
As we higher and about than money levels. asset the normal talk cash result flows. of maintain classes DNA And we different volatility like of to times, may you maintain saw, as a
company are responsiveness, improve curiosity initiative, we respect this outperformed values the peers and that and supposed are ethic, GOAU learn that. results-orientated of blockchain. people about for proud going and is focused of These of company. our that achievement performance I'm in for recognition For and very particular, teamwork really and we're is people, And ETFs it's its XX-day happy we're It's to something hedge. lift average, work our interest the newest run to industries. for focused bit But a shipping to is been all and gold ETF Well, and and headwind growth? asset talk stocks, important, days, ETF, an driving see what's what seeing above classes. gold gold a couple it's moving is our of a and in is bullish that big high one to highlight particularly that the only rates, having inflation back done it's have the going Good week, But is about which this to today. how airline we're do. Gold so past I'm
High blockchain which ETF that about talked we is launch a in reasons, space couldn't we've the for investment unique an before. various
value peers. Heartland Group, as have strategy Advisors. in been out Management very of from time Nasgovitz new Management, there the Milwaukee, strong and in a the have particular, Royce this Vanguard And the world, index green company and launched out our want has itself really Corbet the deep they that done always we differentiates the first only shareholders, Michael Florida. then And Wealth mining Bill job. of to that with Peritt I its to a So Keenan is take phenomenal a predominantly we investor a Capital investor thank then it's crypto
I to staying us. all staying So you for thank and want with loyal of
Next, please.
into elections Management, can you it just see are an post-midterm going are of did returns So midterms, as timely just And Capital as high. I at here. slide, thought they interesting very Peritt and reliable negative was looking
the is election microcaps, after looks the usually it the having and a in on a So chin. between this particular, or Democratic it's best and it historically President into year going market. these And stock them taking split of Republican for Congress Senate results,
think have that you lot of update we're we're within for shareholders, get going I performing an here group. So an give button upside we category. a reset I'll to as of a industry And how that
group Stone GROW do stocks. we're finally please. they Dallas. happy off. and with this many get They Capitals Next, Well, great unique of microcap a research They're cover really and cover report they out Gig
out report, and was and to this company couldn't we're you place thought types multiples and the it analysis. then for corrections The in multiples, finally September. about there's There's be it enterprise see thrilled value the and equity so precedent transactions. I And methods, helpful there's multiples. came work M&A especially took timing And this valuation comparable and after that better, they with big
So of own there's with many myself I ways the and and a and Global sentiment lot for special. of times what company is it so negative. a of different what get thought valuations voting we we of positive makes XX% find be us XX% and U.S. control. approximately the or looking But unique could premium
please. Next,
last off big with dividend paying XXXX. year in we since we've been a that increased sell-off the September by dividends The did So stock XXX%. come
the into dividend been X%. Our on your payment basis. consistent has reviewed going by a and yield its monthly approved is yet board close to and about The quarterly
million on attractive. look good It challenging and company In This has the may sheet, end repurchased a deemed quarter for that's and $X.XX total in believe stock of to strong Class algorithm buys the of XXXX, necessary, the Directors suspended cash the February using the market be dividend discontinued over -- includes what's as important million days, back program environment. a the an it's annual earlier, days XX,XXX $X limit at both increase down despite macro this an approved September, other XX% are of company its of but Board quarter it's to a of from back we the pay investments. But The of we company company back which of first the year, shares company XXX,XXX. continues buying balance profitable buy-back very in let's share and and a looks remains time. that a take down A and buy
close So size. the that's want assets account that we you with couple things share something down thrilled people had plan, of saved. XX -- that me to how day under $XXX where invest. was only for save a interested this is make and Savage been put to during management called called that to it, really we been What realize Terry money we was versus crisis is dollars was when has the so And gardener average I the originally years her have we had and always the he it much he understanding me doing and ABC plan, this for of tell had COVID ABC Global a reason one it to why U.S. to
that that of a we've period you it's in to during live just time those expense but otherwise, problem ratios. competitive. capital, was of say that up maintained that a be he you And half ratios during that your COVID, expense it terrific level, first subsidize had able price to have from to I think lot XXXX. the because drives But And
is show $XX,XXX, know you you charging. basis they're pay slide that breakeven give you We and a have are to you're then try assets assets on fees depending ETFs, we'll size can to to if what here the seeing so And get the under occasional account points. million, $XX you management at for breakeven XX here, average are to an
to least audit million need not advisory, your your your those expenses. need paying start but pay You to you $XXX bills investment over legal fund on at breakeven to million bills, and $XX
means -- expense to fee the if it's ratio drive in unless funds. has the that and And $XXX,XXX we really the have expense no going can when that in cap higher advocated we only winning dealing it's -- a XX% up means someone gold transfer basically guarantee and you're so And portfolio, that agency $XX,XXX ETF, or invested and gold, there's expense that a in expenses. and ratio when expense,
have created program still that the because retail but in do to they're investor. very the have strong caps basis for a a on funds, on we we So high addition institutional investor relative
please. Next,
average quarterly revenues. as operating billion GROW assets, $ you $X.X 'XX, see can XXX.X quarterly in million So of
So how people the every to downloading an do. of a out know simple company? simple value assets that your is estimation, you at looking easy is and do a this asset It's what rough really management day and quite but ETFS. I figure on are the doing
$XX points it's going billion, Global. $X up million. $XXX $X throw $XXX,XXX off at million, At we if U.S. going up billion to is to to at basis So have is XX going throw throw million to $XX
your management what's deducted the flow to is of So a place. can and to some next on as daily visuals. the the valued easiest way your cash more taking see basis, roughly business million, gross $XX which on is this reset expenses That's is from give and U.S. you I'm margin going you that's be. Global asset the in button granularity going couple how
But of assets both broader this fund GROW and we the you $X.X year of industry, big markets, then that March the with the in across declined in domestic. for the classes and had June global, saw all as asset redemptions in in sell-off September, board billion
of your can fund go over your mark-to-market wins make the flows public points with asset quarter, your we've negatively you great investment investments, positively earnings? it were period, But they have you big Well, XX your up a we market we do some that they to have that or cash and and we time money give you an showed into volatility can a saw flow earnings. determine to funds had great or of only assets class So analysis and and and down then earnings. And do have basis how holdings, The operational each swing to earnings. going
investments earnings. So creates it Warren long-term investments, Buffett says Their just a and operational noise. company's short-term focus are you on should just
have we we operational also I healthy to important at have you for investment But earnings, understand Global, think earnings. it's and U.S.
at mark-to-market was it million overall how of the or idea and value the a on plus on this disclosure So up investments end fair then minus options impact we which down and have or which $X an and can high hypothetical equity then It is and the can we And of do? impact blockchain. would XX% -- it What this an value swing have million, basically warrants, of XX%. an the investments giving make to $XX September, do this. how could you is have option --
that so simplicity impact million. here, or also can And showing up $X down for
create to to this of does noise, So on growth is for operational it's our health important model. but and It the business focus better shorter-term investors recognize.
March. this place big in June then So, May visual in is there again you We we rates in an rising to started the plunge highlight that August and April, and July, in a in to was saw with another and interest September and taking globally. sell-out uptick big
-- is XX funds. go And what drives our makes and with with our Global. have to if U.S. basis market, it that the we're this funds operational to too, our income, points revenue simple going So down go of is to going that understand down, so and we experienced have less overall therefore,
operating we you market this on money flow per as I And can of gold times, the on have that please. times, give this about the this then Global Next, JETS. see, and Domestic more follow Callicotte $X.XX performance. follow sell-off income is CFO, gold, give [ saw you $X.X to earlier, space, an Lisa of a last versus crypto the really $X.XX we that other what This At redemptions. business and performance reasons. had mentioned and very times, I'm quarter for quarterly, we you equity gross difficult with see, was funds. blockchain. a price for a positive can $X.XX, our stock was the $X.XX, mutual drives had as billion, made it many particular, there the What the to followed on.
Earnings idea granularity because our in high going funds how then which we funds impact At up is quarter. minus another model, It's you other thrilled ] JETS. share
to plus been we which about paid But most being our back since convertible get And $XX we've just note, been X% under every the on high now principal blockchain used it's being million. getting each quarter, quarter. in of million, It's be investment a -- in $XXX,XXX principal. has It down off. $XX
We ago. actions was significant the it's doesn't a as movement. several but through high, as it do have warrants it So have on the not years
So decline driver what's do that hasn't here was that JETS the is wonder numbers the and can JETS, start can JETS. U.S. here questioning see was coming out is we so here. JETS big interesting But I Global, great. difference why. to our better And you been those in the September a see And I is rebound of
drive Why Transportation is iShares what is that compare that, not the sold? So we really to when you look ETF. to ourselves
Now that has and and trucks trains airlines also. ETF, it
pop, sideways and So July. ground our they've the redemptions XX% only lot sell-off. the had $XX the inflows. trains been earlier come much a but going recently we can shares And big have fell in. the trucks, up not did they of We've has April, this just of had around back now the it's pushing and stronger number a see, as towards the since but outstanding. The inflows held to much basically saying creates, in some basically not see range, and had and down We is ETF but you big
So it GROW that this me not one and appears to crypto big sell-off that. has and around reason in big we the that also that's psychology had bump the had
we but back all here sort That's negative of to us an have continue could audience down while, days. just the past in in stock buy to do. impacted There's sentiment continue we'll
back also and mentioned capital preserve discuss is for the our review acquisitions we and corrections product for and as and manage growth cash down regular several basis strategically the the is potential board algorithm, managed lines with on our market I've is expectations in new a days how business. So strategy launches, buy run stock future for opportunities and to
of So this is number showing buy-backs. you the
in see, from As you a previous And it up was went can decline, it's up June. substantially but going into it September, year. the over
potential paper. directly Employee cash from So CEO structure, been be is bonuses based modest. flow, compensation flow, are to compensation individuals tied have to teams, nothing the It My something gains during searching and has as individual this team crystallized cash free or base in historically and investments, always salaries has realized results. on investments no of that. flow, gains compensation a as that's any realized and declined surging capital surging those periods, time gotten market than cash been to myself decline, I've gains versa vice there's kind and for bigger for bonuses employees and
Now turn I'm to going Lisa to over Callicotte. it
