AGRW
Allspring LT Large Growth ETF
📎 Investment Objective
The Allspring LT Large Growth ETF seeks to provide long-term capital appreciation by investing primarily in large-capitalization growth stocks.
Overview
ETF tracking Allspring LT Large Growth ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Allspring LT Large Growth ETF seeks to provide long-term capital appreciation by investing primarily in large-capitalization growth stocks.
🎯 Investment Strategy
The fund tracks the Allspring LT Large Cap Growth Index, which is designed to measure the performance of large-capitalization U.S. growth stocks. The portfolio manager uses a rules-based approach to select and weight the underlying securities.
✨ Key Features
- Focuses on large-cap U.S. growth stocks with the potential for long-term capital appreciation
- Employs a passive, index-tracking strategy to provide broad exposure to the large-cap growth segment of the market
- Low expense ratio of 0.00% makes it a cost-effective option for investors
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Equity market risk: The value of the fund's holdings may decline due to general market and economic conditions
- Growth stock risk: Growth stocks may be more volatile and susceptible to rapid price swings than the overall market
- Concentration risk: The fund's performance may be more sensitive to the performance of a smaller number of holdings
- Lack of track record: With limited performance history, the fund's long-term viability and ability to meet its investment objective are unproven
👤 Best For
The Allspring LT Large Growth ETF may be suitable for long-term investors seeking exposure to large-cap U.S. growth stocks as part of a diversified portfolio. Due to the fund's limited track record, it may be best suited for investors with a higher risk tolerance and a long-term investment horizon.