AXS FTSE Venture Capital Return Tracker Fund - Class A (LDVAX)
AXS FTSE Venture Capital Return Tracker Fund - Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $27.64, down 0.86% on the session, giving a market capitalisation of $81.1M. Its beta of 1.70 implies it has historically moved more than the broad market.
Ordinarily, the fund allocates a minimum of 80% of its total holdings, along with any borrowed capital used for investments, to the publicly traded securities comprising its benchmark index. This underlying index aims to mirror the comprehensive, unadjusted returns of U.S. companies supported by venture capital, solely through its portfolio of publicly listed assets. It explicitly refrains from investing in venture capital funds or emerging start-up enterprises.
AXS FTSE Venture Capital Return Tracker Fund - Class A is most often compared with the following Financial Services names: