ALEXANDRIA, Va., Nov. 6, 2018 /PRNewswire/ -- MFAM (Motley
Fool Asset Management) today announced the launch of the Motley
Fool Small-Cap Growth ETF (Ticker:
MFMS), their first actively managed ETF, adding to their ETF and
Mutual Fund lineup.
MFAM, the $2.4 billion asset
manager, known for its 10-year history of providing
principles-driven investment management products, is expanding with
the addition of the actively managed ETF to complement its existing
product lineup of three actively managed mutual funds, and one
passive ETF.
The Motley Fool Small Cap ETF is designed to select small-cap
companies with the goal of providing long-term growth for
investors, specifically looking at companies which offer distinct
products or services with large addressable markets and features
that meet their key evaluation criteria like; management culture
and incentives, economics of the business, competitive advantage
and durability of competitive advantage to seek to ensure that only
the highest quality companies are selected.
The Motley Fool Small-Cap Growth ETF is actively managed because
we believe investors need to be highly selective in a marketplace
that is constantly changing. "The US has never been more
entrepreneurial and there is a wide variety of accelerating,
innovative companies looking to meet specific needs for growing
markets - domestically and even internationally," said Denise Coursey, President of the MFAM. "We're
excited to find those possibilities and this Fund should fit nicely
into our repertoire of funds," she said.
"This is an exciting time for us," said Charly
Travers, Portfolio Manager of the Fund. "We specifically
like the compelling competitive advantages, long runways for
growth, and expanding markets that small caps offer," he said.
About Motley Fool Asset Management:
Motley Fool Asset Management believes that independent thinking
conducted with a long-term mindset can outperform. We offer
investment solutions built around high-quality growth companies and
designed for long-term investors.
Please consider the charges, risks, expenses, and
investment objectives carefully before you invest. This and other
important information is contained in the fund's prospectus and
summary prospectus. Please click
here or visit mfamfunds.com for a current
prospectus. Read carefully before you invest.
Shares of any ETF are bought and sold at market price, not NAV,
and are not individually redeemed from the Fund. Brokerage
commissions will reduce returns.
Investing involves risk. Principal loss is possible. This
Fund invests primarily in particular market capitalizations,
including small cap stocks, thus its performance will be especially
sensitive to market conditions that particularly affect smaller
capitalization companies. The Fund is non-diversified, which means
its NAV, market price and total returns may fluctuate or fall more
than a diversified fund. Gains or losses on a single stock may have
a greater impact on the Fund.
Gross expense ratio: 0.85%
Opinions expressed are subject to change at any time, are not
guaranteed and should not be considered investment advice.
The investment advisor for Motley Fool Small-Cap Growth ETF is
Motley Fool Asset Management, LLC, a wholly owned subsidiary of The
Motley Fool Holdings, Inc., which is a multimedia
financial-services holding company. Shares of the fund are
distributed by Quasar Distributors, LLC, a registered broker-dealer
not affiliated with The Motley Fool. Quasar Distributors, LLC
distributes the Motley Fool ETF's but not the mutual
funds.
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SOURCE Motley Fool Asset Management