FM Compounders Equity ETF

FMCE is actively managed, selecting 25-35 US stocks considered to be highly resilient and possess strong competitive advantages. The fund aims for long-term capital appreciation through fundamental research and selective investments. The fund uses the Precidian non-transparent structure.

NEW YORK--(BUSINESS WIRE)--First Manhattan, a $32B AUM independently owned and operated investment advisory firm, today announced the launch of FM Compounders Equity ETF (ticker: FMCE), an actively managed ETF that invests in First Manhattan's highest-conviction ideas driven by its rigorous fundamentals-based approach. The ETF will invest in 25 to 35 U.S. publicly traded equities that First Manhattan believes are highly resilient and capable of reliably generating and compounding free cash flow.

News for FM Compounders Equity ETF ETF (FMCE)