Fund Details
| Ticker | MFMS |
| Fund Type | Active Equity ETF |
| Inception Date | 10/30/2018 |
| Expense Ratio | TBD |
| Category | Small Growth |
| Number of Positions | TBD |
| Active Share | |
| Primary Exchange | CBOE |
| Portfolio Turnover Rate | TBD |
Morningstar defines the small-growth category like this: Small-growth portfolios focus on faster-growing companies whose shares are at the lower end of the market-capitalization range. These portfolios tend to favor companies in up-and-coming industries or young firms in their early growth stages. Because these businesses are fast growing and often richly valued, their stocks tend to be volatile. Stocks in the bottom 10% of the capitalization of the U.S. equity market are defined as small cap
Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differs from the benchmark index. Active share shown represents the fund compared to the Russell 2000 index.
Overview
The MFAM Small Cap Growth ETF (Ticker: MFMS) is designed to give investors exposure to 30 of our top small-cap growth ideas. Every company included in the ETF has been identified as having potential to generate high rates of return for long periods of time. Interested investors can purchase shares of the Fund through their preferred online broker.
Performance
| Performance Comparison | As of Quarter End (TBD) | |||||
| Since Inception (Annualized) | 10 Year | 5 Year | 3 Year | 1 Year | YTD | |
| MFAM Small-Cap Growth ETF NAV |
TBD | TBD | TBD | TBD | TBD | TBD |
| MFAM Small-Cap Growth ETF MKT |
TBD | TBD | TBD | TBD | TBD | TBD |
| Russell 2000 Growth Total Return (Index) |
TBD | TBD | TBD | TBD | TBD | TBD |
Trailing Total Returns are shown net of fund management and operating expenses. For periods greater than one year, average annual total returns are shown. The Russell 2000 index is an index measuring the performance of approximately 2,000 small-cap companies. The Russell 2000 serves as a popular benchmark for small-cap stocks in the United States. The Russell 2000 Growth Index is a subset of the securities found in the Russell 2000.
The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. For performance as of the most recent month end, please call 1-800-617-0004. Short term performance, in particular, is not a good indication of a fund's future performance, and investments should not be made based solely on returns.
| NAV & Market Price | As of TBD |
| NAV | |
| NAV Change ($) | TBD |
| NAV Change (%) | TBD |
| 30-Day Median Bid/Ask Spread | TBD |
| Market Price | |
| Market Price Change ($) | TBD |
| Market Price Change (%) | TBD |
| Premium/Discount | TBD |
The Daily pricing is subject to change.
The bid-ask spread is the difference between the bid price for a security and its ask (or offer) price. It represents the difference between the highest price a buyer is willing to pay (bid) for a security and the lowest price a seller is willing to accept.
The net asset value (“NAV”) of the Fund’s shares is determined as of the close of regular trading on the NYSE (generally 4:00 p.m. Eastern time) each day the NYSE is open. Share are purchased and sold in secondary market transactions at negotiated market prices rather than at NAV. Shares of the Fund may be bought and sold throughout the day on the exchange through a brokerage account. However, shares are not individually redeemable, and may only be redeemed directly from the Fund by Authorized Participants in very large creation/redemption units. Shares may trade at, above or below NAV. Brokerage commissions will reduce returns.
Holdings
Allocations As of TBD
Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security. Current and future portfolio holdings are subject to risk.