Founder-Led ETF (FDRS)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
FDRS Chart
Founder-Led ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BO Brian Oliveira Clear Street Group Inc. | 628,293 | $12.75M | $14.55M | $1.81M | 14.16% |
Founder-Led ETF (FDRS) FAQ
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Has Founder-Led ETF ever had a stock split?
Founder-Led ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
FDRS is an investment fund that focuses on a curated selection of the top 50 stocks from U.S. companies, emphasizing firms that are led by at least one of their founders. This unique approach not only highlights the influence of visionary leadership but also diversifies the investment risk across multiple companies. The fund encompasses stocks spanning various market capitalizations but applies a weight cap of 10% based on market capitalization in its portfolio structure. The strategy of regularly reconstituting and rebalancing the index on the third Friday of March, June, September, and December ensures that the portfolio remains aligned with the top-performing companies while adapting to market changes. Importantly, the fund is classified as non-diversified, underscoring its potential to concentrate investment in particular sectors or industries.
Products and Services
- Equity Portfolio Management
- Quarterly Rebalancing
- Market Capitalization Weighting
- Non-Diversification Strategy
FDRS manages an equity portfolio that includes 50 carefully selected stocks of U.S. companies. These stocks are primarily founded and led by their original founders, showcasing the significance of leadership stability and innovation within these businesses.
Every quarter, on the third Friday of March, June, September, and December, the fund undertakes a thorough reconstitution and rebalancing of its index. This process ensures that the portfolio reflects the most current market dynamics and the best-performing stocks, allowing for agile responses to market trends.
The fund employs a market capitalization weighting strategy to determine the allocation of each stock within the portfolio. Stocks can be of any market cap but are capped at 10% to maintain diversification while still allowing top-performing companies to have a significant impact on overall performance.
As a non-diversified fund, FDRS may concentrate a substantial portion of its investments in certain sectors or industries. This strategic approach can lead to higher returns, especially in booming sectors, but also involves higher risk, which is important for investors to understand.
