FRDM

Freedom 100 Emerging Markets ETF

$47.59

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The FRDM - Freedom 100 Emerging Markets ETF seeks to track the performance of the Life + Liberty Freedom 100 Emerging Markets Index, which provides exposure to emerging market companies with high scores for political and economic freedom.

Overview

ETF tracking Freedom 100 Emerging Markets ETF

Category Emerging Markets

Issuer Other

Inception Date 2019-05-23

Market Cap $1.5B

Average Volume N/A

Dividend Yield 2.19%

52-Week Range $30.96 - $49.20

VWAP $47.56

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of emerging market stocks that are selected based on their scores for political and economic freedoms. The index methodology aims to identify companies operating in countries with greater economic and personal freedoms.

✨ Key Features

Focuses on emerging market companies in countries with high levels of economic and political freedom
Seeks to provide exposure to emerging markets with a focus on freedom-based factors
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Emerging markets risk: Emerging market countries may have greater political, economic, and volatility risks compared to developed markets
Concentration risk: The fund is concentrated in a relatively small number of countries and companies
Limited performance history: As a new fund, it has a limited track record to evaluate long-term performance
Liquidity risk: The fund may have lower trading volume and liquidity compared to larger, more established ETFs

👤 Best For

The FRDM ETF may be suitable for investors seeking emerging market exposure with a focus on economic and political freedoms. It could be a component of a diversified portfolio, but investors should be aware of the higher risks associated with emerging markets and the fund's limited performance history.