KONG

📎 Investment Objective

The Formidable Fortress ETF (KONG) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Formidable Fortress Index, which tracks companies that operate in the defense and security sectors.

✨ Key Features

• Provides exposure to the defense and security sectors
• Passively tracks the Formidable Fortress Index
• Low expense ratio of 0.00%
• Relatively new fund with limited performance history

⚠️ Primary Risks

• Sector concentration risk: The fund's performance is closely tied to the defense and security sectors, which may be subject to greater volatility than the broader market
• Lack of diversification: As a thematic fund, KONG has a narrow focus and may not provide the same level of diversification as a more broad-based index fund
• Limited performance history: With no reported returns, investors have limited data to evaluate the fund's long-term performance
• Liquidity risk: As a new and relatively small fund, KONG may have lower trading volume and liquidity compared to larger, more established ETFs

👤 Best For

The Formidable Fortress ETF may be suitable for investors seeking targeted exposure to the defense and security sectors as part of a diversified portfolio. However, due to the fund's limited performance history and narrow focus, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.