Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in U.S. securities demonstrating positive momentum. The fund defines positive momentum as having positive returns for the previous one-, three-, six-, or twelve-month period or returns greater than the investment universe for the previous one-, three-, six-, or twelve-month period. The fund is non-diversified.
Frequently asked questions
What is the MarketDesk Focused U.S. Momentum ETF (FMTM) expense ratio?
The MarketDesk Focused U.S. Momentum ETF funds expense ratio is 0.45%.
What is MarketDesk Focused U.S. Momentum ETF (FMTM) current stock price?
As of the latest data, MarketDesk Focused U.S. Momentum ETF stock price is $40.33, with a previous close of $39.64. MarketDesk Focused U.S. Momentum ETF gained $0.69 in the last trading session, representing a 1.73% increase.
Does MarketDesk Focused U.S. Momentum ETF (FMTM) pay dividends?
Yes. MarketDesk Focused U.S. Momentum ETF pays annual dividends with an annualized yield of 0.24% and an estimated annual payout of $0.10 per share.
