Motley Fool 100 Index ETF (TMFC)
Motley Fool 100 Index ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Alexandria, VA, US. The stock last traded at $79.88, up 0.21% on the session, giving a market capitalisation of $2.08B. Its beta of 1.14 implies it has historically moved more than the broad market.
Under typical market conditions, at least 80% of the fund's total holdings (excluding any collateral originating from securities lending activities) will be allocated to the underlying index's component stocks. Established by TMF in 2017, this proprietary and rules-based index is engineered to mirror the financial trajectory of the 100 largest and most liquid U.S. enterprises, specifically those chosen based on recommendations issued by TMF’s analysts and newsletters. It's important to note that the fund itself is considered non-diversified.
Motley Fool 100 Index ETF is most often compared with the following Financial Services names: