Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
-0.8%
1 yr return
16.3%
3 Yr Avg Return
0.7%
5 Yr Avg Return
N/A
Net Assets
$750 M
Holdings in Top 10
46.3%
Expense Ratio 0.49%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Exchange Traded Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Initial Index Universe | Index construction begins with an initial universe of common and preferred stocks (or their depositary receipts) with headquarters domiciled in emerging market countries. As of September 30, 2023, the initial country universe includes: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, South Korea, Taiwan, Thailand, Turkey, United Arab Emirates (collectively, the “Initial Country Universe”). |
Market Capitalization Screens | The Index Provider determines the countries eligible to be included in the Index at the time of each annual reconstitution of the Index based on the market capitalization of each emerging market relative to world market capitalization (market capitalization ratio). Countries with a market capitalization ratio of at least 0.15% of current world market capitalization and an average market capitalization ratio of at least 0.15% for the prior three years are eligible to be included in the Index (the “Eligible Universe”). |
Country Selection and Weighting | Countries in the eligible universe are freedom-weighted by their country level freedom scores (“Freedom Scores”). Freedom Scores are composed of 83 quantified personal and economic freedom variables compiled by independent third party think-tanks - the Cato Institute and the Fraser Institute. Freedom Scores are used by the Index Provider to derive country weights and inclusions. Based on Index rules, the higher a country’s Freedom Score, the higher its weight in the Index. The lower a country’s Freedom Score, the lower its weight in the Index. Countries with a negative weight are excluded from the Index. As of September 30, 2023, the following ten Emerging Markets were included in the Index: Taiwan, South Korea, Chile, Poland, South Africa, Brazil, Malaysia, Indonesia, Mexico, and the Philippines. (the “included countries”). |
Component Selection and Weighting | The Index securities universe includes all companies domiciled in each of the included countries as determined by the index calculator. Securities must meet minimum market capitalization and liquidity requirements to be eligible for inclusion. Securities with fewer than six months of trading history are excluded from the Index. The ten largest securities within each included country are selected and weighted based on free-float market capitalization. To be clear, country weights are established first, then individual security weights are established (within previously established country weights). Either local shares or depositary receipts can be used in the Index with preference given to depositary receipts for new additions. SOEs, which are defined by the Index Provider as companies with 20% or more government ownership, are excluded from the Index. The Index may include small-, mid-, and large-capitalization companies; however, the rules of the Index will naturally favor large-capitalization companies with high liquidity. |
Index Rebalance | The Index is assessed annually in January of each year at which time the Index is reconstituted and rebalanced by the Index Provider. Component changes are made after the market close on the third Friday of January and become effective at the market open on the next trading day. |
Period | FRDM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -9.6% | 11.2% | 80.76% |
1 Yr | 16.3% | -9.4% | 31.2% | 9.77% |
3 Yr | 0.7%* | -24.1% | 7.4% | 8.93% |
5 Yr | N/A* | -7.8% | 10.8% | 45.08% |
10 Yr | N/A* | -3.1% | 6.2% | 64.72% |
* Annualized
Period | FRDM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.3% | -6.5% | 35.5% | 6.92% |
2022 | -16.7% | -50.1% | -2.4% | 8.53% |
2021 | 3.9% | -33.1% | 22.5% | 11.96% |
2020 | 15.4% | -22.1% | 80.1% | 55.64% |
2019 | N/A | -0.7% | 42.0% | N/A |
Period | FRDM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -9.6% | 11.2% | 80.76% |
1 Yr | 16.3% | -9.4% | 31.2% | 9.77% |
3 Yr | 0.7%* | -24.1% | 7.4% | 8.93% |
5 Yr | N/A* | -7.8% | 10.8% | N/A |
10 Yr | N/A* | -3.1% | 6.2% | N/A |
* Annualized
Period | FRDM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.8% | -2.7% | 42.0% | 5.29% |
2022 | -14.5% | -42.2% | 1.9% | 8.53% |
2021 | 6.1% | -32.5% | 33.1% | 17.13% |
2020 | 16.9% | -20.0% | 81.6% | 57.50% |
2019 | N/A | 2.3% | 42.0% | N/A |
FRDM | Category Low | Category High | FRDM % Rank | |
---|---|---|---|---|
Net Assets | 750 M | 682 K | 103 B | 40.62% |
Number of Holdings | 101 | 10 | 7049 | 47.86% |
Net Assets in Top 10 | 354 M | 118 K | 19.2 B | 34.99% |
Weighting of Top 10 | 46.25% | 0.7% | 122.2% | 9.93% |
Weighting | Return Low | Return High | FRDM % Rank | |
---|---|---|---|---|
Stocks | 98.67% | 0.00% | 103.65% | 19.44% |
Preferred Stocks | 1.13% | 0.00% | 10.09% | 40.48% |
Cash | 0.20% | -2.03% | 99.29% | 89.54% |
Other | 0.00% | -1.64% | 50.31% | 47.05% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 25.10% |
Bonds | 0.00% | 0.00% | 94.30% | 33.65% |
Weighting | Return Low | Return High | FRDM % Rank | |
---|---|---|---|---|
Technology | 24.83% | 0.00% | 47.50% | 36.91% |
Financial Services | 22.50% | 0.00% | 48.86% | 45.18% |
Basic Materials | 20.01% | 0.00% | 30.03% | 1.49% |
Consumer Cyclical | 8.10% | 0.00% | 48.94% | 88.47% |
Communication Services | 8.08% | 0.00% | 39.29% | 57.80% |
Industrials | 6.91% | 0.00% | 43.53% | 36.64% |
Consumer Defense | 5.48% | 0.00% | 25.90% | 66.62% |
Healthcare | 2.26% | 0.00% | 16.53% | 76.80% |
Energy | 0.94% | 0.00% | 24.80% | 84.53% |
Utilities | 0.89% | 0.00% | 39.12% | 59.57% |
Real Estate | 0.00% | 0.00% | 17.15% | 89.69% |
Weighting | Return Low | Return High | FRDM % Rank | |
---|---|---|---|---|
Non US | 83.71% | 0.00% | 100.18% | 54.83% |
US | 14.96% | 0.00% | 101.58% | 36.06% |
FRDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.49% | 0.03% | 24.48% | 91.79% |
Management Fee | 0.49% | 0.00% | 2.00% | 9.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
FRDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
FRDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FRDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 189.00% | N/A |
FRDM | Category Low | Category High | FRDM % Rank | |
---|---|---|---|---|
Dividend Yield | 0.30% | 0.00% | 10.26% | 34.05% |
FRDM | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annual |
FRDM | Category Low | Category High | FRDM % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.49% | -1.98% | 17.62% | 9.74% |
FRDM | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.025 | OrdinaryDividend |
Dec 22, 2023 | $0.254 | OrdinaryDividend |
Sep 29, 2023 | $0.231 | OrdinaryDividend |
Jun 30, 2023 | $0.290 | OrdinaryDividend |
Mar 31, 2023 | $0.099 | OrdinaryDividend |
Sep 20, 2021 | $0.127 | OrdinaryDividend |
Jun 21, 2021 | $0.093 | OrdinaryDividend |
Jan 05, 2021 | $0.132 | OrdinaryDividend |
Sep 21, 2020 | $0.086 | OrdinaryDividend |
Jun 22, 2020 | $0.137 | OrdinaryDividend |
Jan 06, 2020 | $0.091 | OrdinaryDividend |
Sep 23, 2019 | $0.168 | OrdinaryDividend |
Jun 24, 2019 | $0.036 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Jun 26, 2020
1.93
1.9%
Mr. Brandon Koepke serves as Chief Technology Officer & Portfolio Manager. Mr. Koepke has a BSc in Computer Science specializing in Software Engineering at the University of Calgary and a BComm in Finance from the Haskayne School of Business.
Start Date
Tenure
Tenure Rank
Jan 31, 2022
0.33
0.3%
Mr. Richard Shaner has been portfolio manager of the Fund since 2021. Mr. Shaner has advised on trading and execution matters for the Adviser since January 2021, where he supports trading operations and assists in quantitative research. Prior to Mr. Shaner’s tenure with the Adviser, Mr. Shaner executed various trading strategies for a private family office. Mr. Shaner has a B.Sc in Kinesiology and Applied Physiology from the University of Colorado. He is also a CFA® Charterholder.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.54 | 13.42 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...