Rainwater Equity ETF (RW)
Rainwater Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Montreal, QC, US. The stock last traded at $25.88, up 0.05% on the session, giving a market capitalisation of $18.1M. Its beta of 0.90 implies it has historically moved less than the broad market.
The fund will seek to invest globally across all market capitalizations (i.e., large-, mid-, and small- capitalization), although the Sub-Adviser expects the portfolio will consist primarily of mid- and large-capitalization companies from developed market countries, including the United States. Under normal circumstances, at least 80% of the fund’s net assets, plus any borrowings for investment purposes, will be invested in equity securities. It is non-diversified.
Rainwater Equity ETF is most often compared with the following Financial Services names: