FUNL
CornerCap Fundametrics Large-Cap ETF
📎 Investment Objective
The CornerCap Fundametrics Large-Cap ETF (FUNL) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the CornerCap Fundametrics Large-Cap Index.
Overview
ETF tracking CornerCap Fundametrics Large-Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The CornerCap Fundametrics Large-Cap ETF (FUNL) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the CornerCap Fundametrics Large-Cap Index.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) investment approach, designed to track the performance of the CornerCap Fundametrics Large-Cap Index. The index is composed of large-capitalization U.S. stocks selected based on fundamental factors such as profitability, valuation, and growth.
✨ Key Features
- Passively managed index-tracking ETF focused on large-cap U.S. stocks
- Utilizes a fundamentals-based index methodology to identify potential outperformers
- Low expense ratio of 0.00%
- Limited performance history as the fund is relatively new
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
- Concentration risk: The ETF's performance may be more volatile as it is concentrated in a single market segment (large-cap stocks)
- Index tracking risk: The ETF may not perfectly replicate the performance of the underlying index
- Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the ETF
👤 Best For
The CornerCap Fundametrics Large-Cap ETF may be suitable for investors seeking exposure to a diversified portfolio of large-cap U.S. stocks, with a focus on fundamental factors. It may be appropriate as a core holding in a broader investment portfolio. However, due to the limited performance history, investors should carefully consider the risks before investing.