FMCXFM Focus Equity ETF

Grow my money4y track recordRanked #2,213 of 2,960 in this goal

Seeks long-term capital appreciation.

By First Manhattan Co. · Launched 2022

Annual Cost

0.71%

#3,560 of 5,562 · average

Fund Size

$118M

#2,782 of 5,562 · mid-size

Return (1Y)Goal

+17.3%

Track Record

4 years

#2,670 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,725+17.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 47.2% of fundmoderately concentrated

Microsoft Corp.

6.8%

GE Aerospace

5.5%

KKR & Co Inc.

5.4%

Goldman Sachs Trust

5.0%

Berkshire Hathaway Inc.

4.8%

O'Reilly Automotive Inc.

4.4%

Danaher Corporation

4.3%

Broadcom Inc

3.6%

Linde PLC

3.6%

Applied Materials Inc.

3.5%

Asset allocation

Stocks

95.0%

Cash

5.0%

By sector

Technology

31.2%

Industrials

21.3%

Consumer Cyclical

15.5%

Financial Services

13.6%

Healthcare

9.3%

Communication

5.3%

Basic Materials

3.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.3%Moderate

Year-on-year price swings

Max drawdown

-17.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.85Decent risk-adjusted returns

Sortino (3Y)

1.20Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks long-term capital appreciation.
Strategy: Actively managed ETF investing in 25-35 U.S. common stocks with durable competitive advantages. Focuses on long-term growth and may hold cash equivalents.
Inception date: April 22, 2022
Fund family: First Manhattan Co.