Natixis Vaughan Nelson Mid Cap ETF (VNMC)
Natixis Vaughan Nelson Mid Cap ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $36.05, up 0.03% on the session, giving a market capitalisation of $4.3M. Its beta of 0.87 implies it has historically moved less than the broad market.
Typically, under normal market conditions, this fund is designed to allocate at least 80% of its investment capital to companies whose market capitalization, at the point of purchase, falls within the range of the Russell Midcap® Value Index. This particular index is unmanaged and monitors the financial performance of mid-sized companies that exhibit lower price-to-book ratios and more restrained growth forecasts, all as part of the broader Russell Midcap Index®. The fund also has the flexibility to invest up to 20% of its total assets in companies with either smaller or larger market capitalizations than this primary range.
Natixis Vaughan Nelson Mid Cap ETF is most often compared with the following Financial Services names: