Polen Focus Growth ETF (PCLG)
Polen Focus Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boca Raton, FL, US. The stock last traded at $23.52, up 0.01% on the session, giving a market capitalisation of $101.8M. Its beta of 1.10 implies it has historically moved more than the broad market.
PCLG aims for substantial capital appreciation over the long term. This fund invests in a concentrated portfolio, typically comprising 25 to 40 large-capitalization companies operating in both mature and developing global economies. It seeks out growth stocks characterized by consistent profit expansion and a strong competitive moat within sectors featuring high barriers to entry. Key traits considered include a dependable and sustainable return on capital, robust earnings momentum, ample free cash flow, solid financial statements, and capable management. The fund diversifies geographically by allocating to growth equities from at least three different countries, targeting 30-40% in non-U.S. securities, a percentage that can be altered based on evolving global market conditions. Its sub-advisor incorporates Environmental, Social, and Governance (ESG) factors when assessing a company's enduring financial health. As an actively managed exchange-traded fund, PCLG possesses full autonomy to adjust its holdings whenever appropriate. The fund began trading with an initial asset base of $109.4 million.
Polen Focus Growth ETF is most often compared with the following Financial Services names: