Emerald Finance and Banking Innovation Fund - C (HSSCX)
Emerald Finance and Banking Innovation Fund - C operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $26.98, up 0.60% on the session, giving a market capitalisation of $47.3M. Its beta of 1.18 implies it has historically moved more than the broad market.
The fund's main goal is to achieve significant long-term growth through the appreciation of its capital, while generating income is a secondary objective. According to its defined investment policy, under typical circumstances, the fund commits to allocating at least 80% of its total assets (calculated as its net assets combined with any borrowed funds used for investment) to stocks – including both common and preferred shares – of companies predominantly engaged in the banking or financial services industries. This allocation also extends to collective investment vehicles that themselves invest in businesses primarily operating within these financial sectors.
Emerald Finance and Banking Innovation Fund - C is most often compared with the following Financial Services names: