LRGG

Macquarie Focused Large Growth ETF

$29.52
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Macquarie Focused Large Growth ETF (LRGG) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Macquarie Focused Large Growth Index.

Overview

ETF tracking Macquarie Focused Large Growth ETF

Category Large Cap
Issuer Other
Inception Date 2024-05-15
Market Cap $398.5M
Average Volume N/A
Dividend Yield 0.12%
52-Week Range $23.83 - $30.64
VWAP $29.58

Performance

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Investment Summary

📎 Investment Objective

The Macquarie Focused Large Growth ETF (LRGG) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Macquarie Focused Large Growth Index.

🎯 Investment Strategy

The ETF invests in a concentrated portfolio of large-capitalization U.S. growth stocks that the index provider believes have the potential for above-average growth. The fund's holdings are actively selected and managed to provide exposure to companies the index provider deems to have strong growth prospects.

✨ Key Features

  • Actively managed, concentrated portfolio of large-cap U.S. growth stocks
  • Aims to provide exposure to companies with potential for above-average growth
  • Relatively low expense ratio of 0.00%
  • Limited performance history due to recent launch

⚠️ Primary Risks

  • Concentration risk as the fund holds a limited number of securities
  • Potential for higher volatility compared to broader market indexes
  • Growth investing style may underperform in certain market environments
  • Limited track record makes it difficult to evaluate long-term performance

👤 Best For

This ETF may be suitable for growth-oriented investors seeking exposure to a concentrated portfolio of large-capitalization U.S. stocks with the potential for above-average growth. However, the fund's limited performance history and concentrated nature make it a higher-risk investment, so it is best suited for investors with a higher risk tolerance and a longer investment horizon.