PJFM
PGIM Jennison Focused Mid-Cap ETF
📎 Investment Objective
The PGIM Jennison Focused Mid-Cap ETF seeks to provide long-term capital appreciation by investing primarily in a concentrated portfolio of mid-capitalization U.S. companies.
Overview
ETF tracking PGIM Jennison Focused Mid-Cap ETF
Performance
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Investment Summary
📎 Investment Objective
The PGIM Jennison Focused Mid-Cap ETF seeks to provide long-term capital appreciation by investing primarily in a concentrated portfolio of mid-capitalization U.S. companies.
🎯 Investment Strategy
The fund's investment strategy is to invest in 30-50 mid-cap stocks that the portfolio managers believe have strong growth potential. The managers use fundamental research to identify companies with sustainable competitive advantages, attractive valuations, and the potential for above-average earnings growth.
✨ Key Features
- Concentrated portfolio of 30-50 mid-cap stocks
- Actively managed by PGIM Jennison's experienced investment team
- Emphasis on companies with strong growth potential and competitive advantages
- No portfolio holdings overlap with the S&P MidCap 400 Index
⚠️ Primary Risks
- Concentration risk as the fund holds a limited number of stocks
- Potential for higher volatility compared to a more diversified mid-cap fund
- Reliance on the portfolio managers' stock selection abilities
- Exposure to mid-cap companies which may have higher risk than large-cap stocks
👤 Best For
The PGIM Jennison Focused Mid-Cap ETF may be suitable for investors seeking long-term capital appreciation through exposure to a concentrated portfolio of high-quality mid-cap growth companies. This fund is best suited for investors with a higher risk tolerance who are willing to accept the potential for increased volatility in exchange for the potential for higher returns.