Emerald Finance and Banking Innovation Fund (FFBFX)
Emerald Finance and Banking Innovation Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $29.56, up 0.24% on the session, giving a market capitalisation of $44.0M. Its beta of 1.17 implies it has historically moved more than the broad market.
The Emerald Finance and Banking Innovation Fund is typically mandated to commit at least 80% of its total investable capital—which includes its net assets along with any funds borrowed for investment purposes—to the banking and financial services industries. This allocation can be achieved by investing in equity securities (both common and preferred shares) of companies whose primary operations are within these sectors, or through collective investment vehicles that, in turn, invest in such financial institutions.
Emerald Finance and Banking Innovation Fund is most often compared with the following Financial Services names: