The index was established by TMF in 2021 and is a proprietary, rules-based index designed to track the performance of mid- and small-capitalization U.S. companies that have been recommended by TMF"s analysts and newsletters. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.
Frequently asked questions
What is the Motley Fool Next Index ETF (TMFX) expense ratio?
The Motley Fool Next Index ETF funds expense ratio is 0.5%.
What is Motley Fool Next Index ETF (TMFX) current stock price?
As of the latest data, Motley Fool Next Index ETF stock price is $24.74, with a previous close of $24.67. Motley Fool Next Index ETF gained $0.07 in the last trading session, representing a 0.28% increase.
Does Motley Fool Next Index ETF (TMFX) pay dividends?
Yes. Motley Fool Next Index ETF pays annual dividends with an annualized yield of 0.04% and an estimated annual payout of $0.01 per share.