Independent Franchise Partners US Equity Fund (IFPUX)
Independent Franchise Partners US Equity Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $21.61, down 0.41% on the session, giving a market capitalisation of $1.35B. Its beta of 0.73 implies it has historically moved less than the broad market.
This fund typically commits a minimum of 80% of its total investable capital (comprising net assets and any funds borrowed for investment) to equities issued by firms with a strong U.S. connection. These are firms that meet specific criteria: they either generate a substantial portion of their income within the U.S., are primarily traded on a U.S. stock exchange, or base their main operations or principal business in the U.S. A maximum of 20% of its net assets can be allocated to foreign equities, an allocation that may include investments in developing economies. The fund operates as a non-diversified portfolio.
Independent Franchise Partners US Equity Fund is most often compared with the following Financial Services names: