BOBP
CORE16 Best of Breed Premier Index ETF
📎 Investment Objective
The CORE16 Best of Breed Premier Index ETF (BOBP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the CORE16 Best of Breed Premier Index.
Overview
ETF tracking CORE16 Best of Breed Premier Index ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The CORE16 Best of Breed Premier Index ETF (BOBP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the CORE16 Best of Breed Premier Index.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of 16 large-cap stocks that are considered 'best of breed' companies in their respective sectors.
✨ Key Features
- Tracks the CORE16 Best of Breed Premier Index, which is designed to provide exposure to 16 leading large-cap companies
- Passively managed to replicate the performance of the underlying index
- Low expense ratio of 0.00%
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is exposed to a limited number of stocks
- Potential for higher volatility compared to a more diversified index
- Lack of long-term performance history to evaluate the fund's consistency
- Liquidity risk due to the fund's small asset base
👤 Best For
The CORE16 Best of Breed Premier Index ETF may be suitable for investors seeking exposure to a concentrated portfolio of large-cap 'best of breed' companies, as part of a diversified investment strategy. However, the fund's limited track record and small asset base may make it more appropriate for experienced investors willing to accept higher volatility.