CSMD

Congress SMid Growth ETF

$31.81
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Congress SMid Growth ETF (CSMD) seeks to provide long-term capital appreciation by investing in a portfolio of mid-cap growth companies.

Overview

ETF tracking Congress SMid Growth ETF

Category Mid Cap
Issuer Other
Inception Date 2023-08-22
Market Cap $349.0M
Average Volume N/A
Dividend Yield 0.00%
52-Week Range $24.83 - $34.38
VWAP $31.82

Performance

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Investment Summary

📎 Investment Objective

The Congress SMid Growth ETF (CSMD) seeks to provide long-term capital appreciation by investing in a portfolio of mid-cap growth companies.

🎯 Investment Strategy

The fund aims to achieve its objective by investing primarily in the common stocks of mid-capitalization companies that the fund's investment advisor believes have the potential for above-average growth. The advisor uses a fundamental, bottom-up research process to identify companies that it believes are well-positioned to benefit from secular trends and have strong competitive positions, experienced management teams, and attractive valuations.

✨ Key Features

  • Focuses on mid-cap growth companies with strong growth potential
  • Actively managed portfolio selected through fundamental research
  • Diversified exposure to the mid-cap growth segment of the market
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Sector risk: The fund may be susceptible to economic, political, or regulatory occurrences affecting a particular sector
  • Style risk: The fund's growth investment style may fall out of favor, leading to underperformance
  • Liquidity risk: Mid-cap stocks may have lower trading volumes, making them more difficult to buy or sell

👤 Best For

The Congress SMid Growth ETF may be suitable for investors seeking long-term capital appreciation through exposure to the mid-cap growth segment of the US equity market. This fund may be appropriate for investors with a higher risk tolerance who are willing to accept the volatility associated with a growth-oriented investment strategy.