abrdn Focused U.S. Small Cap Active ETF (AFSC)
abrdn Focused U.S. Small Cap Active ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $39.81, up 1.40% on the session, giving a market capitalisation of $89.3M. Its beta of 1.17 implies it has historically moved more than the broad market.
AFSC is an actively managed fund of US small-caps from any market sector and industry. The fund seeks to achieve its objective by evaluating individual companies against its quality criteria, which are 1) the durability of the business model, 2) the attractiveness of the industry, 3) financial strength, 4) management's capability, and 5) ESG factors impacting a company. Through fundamental research, the adviser aims to select those companies whose quality and future prospects are not yet fully recognized by the market. The fund will focus on holding a small number of stocks, approximately 35 to 45 issuers. The fund may also invest in non-US companies, including primarily Canadian companies. AFSC was previously a mutual fund with $77 million in AUM prior to converting.
abrdn Focused U.S. Small Cap Active ETF is most often compared with the following Financial Services names: