Emerald Finance and Banking Innovation Fund - A (HSSAX)
Emerald Finance and Banking Innovation Fund - A operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $33.97, up 0.56% on the session, giving a market capitalisation of $46.7M. Its beta of 1.18 implies it has historically moved more than the broad market.
The fund's main objective is to achieve substantial long-term growth by increasing the value of its investments, with generating income serving as a secondary, less prominent aim. In line with its established investment strategy, the fund commits to dedicating at least 80% of its total assets—calculated as its net worth combined with any capital borrowed for investment purposes—to equity securities. These equities consist of both common and preferred shares issued by businesses predominantly operating in the banking or broader financial services sectors. It also includes investments in pooled funds that, in turn, hold securities of such financial industry enterprises.
Emerald Finance and Banking Innovation Fund - A is most often compared with the following Financial Services names: