Emerald Banking and Finance Fund Institutional Class (HSSIX)
Emerald Banking and Finance Fund Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $36.00, up 0.59% on the session, giving a market capitalisation of $47.3M. On trailing twelve-month figures it carries a trailing P/E of 2042.57, a net margin of 44.3%. Its beta of 1.18 implies it has historically moved more than the broad market.
The fund's core investment strategy dictates that, under typical market conditions, it will allocate at least 80% of its total assets—including its net assets and any funds borrowed for investment purposes—to specific securities. These include both common and preferred equity shares of businesses predominantly engaged in the banking or broader financial services industries. Furthermore, this allocation extends to pooled investment vehicles that themselves invest in companies primarily operating within these same financial and banking sectors.
Emerald Banking and Finance Fund Institutional Class is most often compared with the following Financial Services names: