Freedom 100 Emerging Markets ETF (FRDM)
BATS BATS Primary Summary
FRDM Is A Strategy On EMs That Almost Doubles The Return
Freedom 100 Emerging Markets ETF (FRDM) employs a semi-quantitative, freedom-weighted selection strategy, resulting in a concentrated active portfolio with 79% active share versus MSCI EM. FRDM has outperformed top passive EM ETFs by at least 1.64x, driven by high exposure to semiconductors and exclusion of China and state-owned enterprises. The ETF's largest holdings are semiconductor stocks, creating both significant upside from sector momentum and heightened risk if the memory supercycle reverses.
FRDM: Are Emerging Market Equities Driving The U.S. Market?
The Freedom 100 Emerging Markets ETF leverages 'freedom-weighting' to select and allocate equities from 24 emerging market countries. FRDM excludes state-owned enterprises (over 20% state ownership) and prioritizes personal and economic freedom metrics in its portfolio construction. With $2.97 billion AUM and a 0.49% expense ratio, FRDM has outperformed the market since inception, even during recent U.S. market stagnation.
FRDM: Capturing New Trends In Emerging Markets
Freedom ETFs' FRDM ETF targets emerging markets with high economic freedom, offering a differentiated approach to EM investing. FRDM invests in countries with compelling valuations and strong growth prospects, often outpacing the broader MSCI Emerging Markets index. The ETF avoids state-owned enterprises (SOEs) and focuses on governance, liquidity, and country-specific risks to enhance long-term returns.
Freedom 100 Emerging Markets ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 11,918 | $476,532.09 | $797,790.92 | $321,258.83 | 67.42% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 28,853 | $1.53M | $1.92M | $383,772.56 | 25.01% |
 Ronald Muhlenkamp Muhlenkamp & Co Inc. | 236,825 | $12.94M | $15.75M | $2.81M | 21.68% |
| RR rosemary richard WCG Wealth Advisors LLC | 248,950 | $11.63M | $16.54M | $4.91M | 42.26% |
 Daren Blonski Fermata Advisors LLC | 13,006 | $699,543.1 | $862,557.92 | $163,014.82 | 23.3% |
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Freedom 100 Emerging Markets ETF Profile
| BATS Exchange | US Country |
Overview
This entity is a specialized investment fund focusing on emerging market equities. Its strategy primarily involves maintaining at least 80% of its total assets in securities that are components of a specific index or in depositary receipts representing such securities. The targeted index comprises approximately 100 equity securities from various emerging markets, aiming to track their performance closely. Given its concentration on a relatively small number of securities within emerging market countries, the fund is classified as non-diversified. This approach allows for a focused investment strategy in the high-growth potential area of emerging markets, although it may also entail higher risks compared to more diversified funds.
Products and Services
- Emerging Market Equity Investments
The fund specializes in investing in a portfolio of approximately 100 equity securities selected from emerging markets. This product is designed for investors seeking exposure to the growth potential of emerging economies through a carefully curated selection of stocks. By concentrating on equities within emerging markets, the fund aims to leverage the higher growth rates and potential for significant returns, albeit with increased risk.
- Index-Tracking Investment Strategy
Utilizing an index-tracking investment approach, the fund aims to mirror the performance of its benchmark index. This strategy involves investing in the component securities of the index or in depositary receipts representing such securities. Such an approach can offer investors a transparent and straightforward way to gain exposure to the dynamics of emerging markets through a portfolio that reflects the performance of a broader market index.
- Non-Diversified Fund Structure
Unlike diversified funds that spread investments across a wide array of sectors and geographies, this fund adopts a non-diversified structure. This strategy focuses its investments more narrowly on the specific index related to emerging market equities. While this can potentially lead to higher returns by concentrating on a select group of securities, it also increases the fund's exposure to volatility and risk associated with the limited number of investments.
- Securities Lending
In addition to its core investment activities, the fund may engage in securities lending. This involves lending out securities to other parties in exchange for collateral, which can then be reinvested to earn additional income. Securities lending can help enhance the fund's overall returns, although it also introduces counterparty risk.
