Fund Details
| Ticker | TMFX |
| Fund Type | Passive Equity ETF |
| Inception Date | 12/29/2021 |
| Expense Ratio | 0.50% |
| Category | Mid Cap Growth |
| Number of Positions | TBD |
| Primary Exchange | NYSE |
Morningstar define the mid-cap growth category like this: Mid-growth funds invest in stocks medium-sized companies that are projected to grow faster than other mid-cap stocks. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields).
Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differs from the benchmark index. Active share shown represents the fund compared to the S&P 500 index.
Overview
The Motley Fool Next Index ETF is designed to be a convenient, cost-effective vehicle for individuals who want exposure to stocks recommended by Motley Fool Analysts. The ETF is based on an index created to track the performance of mid- and small-capitalization U.S. companies that have been recommended by our sister company, The Motley Fool, LLC’s analysts, and newsletters. The “recommendation universe” includes all companies domiciled in the United States that are either active recommendations of a newsletter published by TMF or are among the 150 highest rated U.S. companies in TMF’s analyst opinion database.
Performance
| Performance Comparison* | As of Quarter End (TBD) | |||||
| Since Inception | 10 Year | 5 Year | 3 Year | 1 Year | YTD | |
| Motley Fool Next Index ETF NAV |
- | - | - | - | - | - |
| Motley Fool Next Index ETF MKT |
- | - | - | - | - | - |
| Motley Fool Next Index TR |
- | - | - | - | - | - |
| Russell Midcap Growth Total Return (Index) |
- | - | - | - | - | - |
| Performance Comparison* | As of Month End (TBD) | |||||
| Since Inception | 10 Year | 5 Year | 3 Year | 1 Year | YTD | |
| Motley Fool Next Index ETF NAV |
- | - | - | - | - | - |
| Motley Fool Next Index ETF MKT |
- | - | - | - | - | - |
| Motley Fool Next Index TR |
- | - | - | - | - | - |
| Russell Midcap Growth Total Return (Index) |
- | - | - | - | - | - |
*Trailing Total Returns are shown net of fund management and operating expenses. For periods greater than one-year, average annual total returns are shown. Returns for periods shorter than one year are not annualized. Inception date of the fund is December 29, 2021. The Russell Midcap® Growth Index measures the performance of the midcap growth segment of the US equity universe, as defined by Russell.
The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. For performance as of the most recent month end, please call 1-800-617-0004. Short term performance, in particular, is not a good indication of a fund's future performance, and investments should not be made based solely on returns. Performance shown for less than a 1 year or less is cumulative.
| NAV & Market Price | As of TBD |
| NAV | TBD |
| NAV Change ($) | TBD |
| NAV Change (%) | TBD |
| 30-Day Median Bid/Ask Spread | TBD |
| Market Price | TBD |
| Market Price Change ($) | TBD |
| Market Price Change (%) | TBD |
| Premium/Discount | TBD |
The Daily pricing is subject to change.
The bid-ask spread is the difference between the bid price for a security and its ask (or offer) price. It represents the difference between the highest price a buyer is willing to pay (bid) for a security and the lowest price a seller is willing to accept.
The net asset value (“NAV”) of the Fund’s shares is determined as of the close of regular trading on the NYSE (generally 4:00 p.m. Eastern time) each day the NYSE is open. Share are purchased and sold in secondary market transactions at negotiated market prices rather than at NAV. Shares of the Fund may be bought and sold throughout the day on the exchange through a brokerage account. However, shares are not individually redeemable, and may only be redeemed directly from the Fund by Authorized Participants in very large creation/redemption units. Shares may trade at, above or below NAV. Brokerage commissions will reduce returns.
Holdings
Allocations As of TBD
Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security. Current and future portfolio holdings are subject to risk.