Motley Fool 100 Index ETF (TMFC) offers broad exposure to Large Cap Growth segment

From Nasdaq: 2024-05-23 06:20:06

The Motley Fool 100 Index ETF (TMFC) was launched on 01/30/2018, offering broad exposure to the Large Cap Growth segment of the US equity market. Sponsored by Motley Fool Asset Management, it has amassed over $786.07 million in assets, making it an average sized ETF in this segment.

Large cap companies have a market cap above $10 billion and are typically stable with predictable cash flows. Growth stocks have higher valuations but outperform in a bull market. TMFC has an expense ratio of 0.50% and a 12-month dividend yield of 0.12%.

With heavy exposure to the Information Technology sector (43.90%), TMFC’s top holdings include Microsoft Corp (MSFT), Apple Inc (AAPL), and Nvidia Corp (NVDA). It has returned approximately 13.73% year-to-date and around 36.10% in the last year.

Investors seeking exposure to Large Cap Growth can consider TMFC, which has a Zacks ETF Rank of 2 (Buy). Alternatives like Vanguard Growth ETF and Invesco QQQ track similar indices. Retail and institutional investors are increasingly turning to passively managed ETFs for their low costs and transparency.



Read more at Nasdaq: Should Motley Fool 100 Index ETF (TMFC) Be on Your Investing Radar?