DMCY

Democracy International Fund

$30.59

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Democracy International Fund (DMCY) seeks to provide exposure to companies located in developed international markets that are considered to have strong democratic governance practices.

Overview

ETF tracking Democracy International Fund

Category International

Issuer Other

Inception Date 2021-04-01

Market Cap $11.3M

Average Volume N/A

Dividend Yield 2.40%

52-Week Range $23.08 - $30.97

VWAP $30.58

Performance

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Investment Summary

📎 Investment Objective

The Democracy International Fund (DMCY) seeks to provide exposure to companies located in developed international markets that are considered to have strong democratic governance practices.

🎯 Investment Strategy

The fund tracks an index that selects and weights companies based on their adherence to democratic principles, such as political rights, civil liberties, and rule of law. The goal is to offer investors a portfolio of international stocks with a focus on democratic institutions and values.

✨ Key Features

Focuses on companies in developed international markets outside the U.S.
Selects and weights holdings based on democratic governance criteria
Aims to provide exposure to international equities with a democratic tilt
Very low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific set of democratic criteria
Potential for underperformance compared to broad international equity indexes
Currency risk as the fund holds non-U.S. dollar denominated securities
Low assets under management and limited trading history

👤 Best For

The Democracy International Fund may be suitable for investors seeking exposure to international developed market equities with a focus on democratic governance principles. It could be used as a satellite holding to complement a broader, diversified portfolio. However, the fund's limited track record and small asset base mean it may not be appropriate for all investors.