Tortoise Digital Payments Infrastructure Fund

Cboe: TPAY

Listed February 01, 2019

The Tortoise Digital Payments Infrastructure Fund seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise Global Digital Payments Infrastructure Index.  The Underlying Index is a proprietary rules-based, modified market capitalization weighted, float adjusted index designed to track the overall performance of equity securities of global digital payments infrastructure companies (Digital Payments Companies) listed on developed country exchanges. Digital Payments Companies are those that are materially engaged in digital payments, from merchant processing and settlement, real time record keeping, settlement networks, and financial technology (Fintech) products or services that facilitate the ease, efficiency, and/or speed of digital payments. 

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About Tortoise Index Solutions

Tortoise Index Solutions provides research-driven indices that can be used as a realistic basis for exchange-traded products and thought leadership in the universe of essential assets. Its indices are intended to fill a void in the market and provide benchmarks and investable asset class universes for use by investment professionals, research analysts and industry executives to analyze relative performance as well as to provide a basis for passively managed exchange-traded products.