Fund Details

Ticker TMFX
Fund Type Passive Equity ETF
Inception Date 12/29/2021
Expense Ratio 0.50%
Category Mid Cap Growth
Number of Positions TBD
Primary Exchange NYSE

Morningstar define the mid-cap growth category like this: Mid-growth funds invest in stocks medium-sized companies that are projected to grow faster than other mid-cap stocks. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields).

Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differs from the benchmark index. Active share shown represents the fund compared to the S&P 500 index.

Fund Documents

All Documents

Overview

The Motley Fool Next Index ETF is designed to be a convenient, cost-effective vehicle for individuals who want exposure to stocks recommended by Motley Fool Analysts. The ETF is based on an index created to track the performance of mid- and small-capitalization U.S. companies that have been recommended by our sister company, The Motley Fool, LLC’s analysts, and newsletters. The “recommendation universe” includes all companies domiciled in the United States that are either active recommendations of a newsletter published by TMF or are among the 150 highest rated U.S. companies in TMF’s analyst opinion database.

Performance

Performance Comparison As of Quarter End (TBD)
Since Inception (Annualized) 10 Year 5 Year 3 Year 1 Year YTD
Motley Fool Next
Index ETF NAV
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Motley Fool Next
Index ETF MKT
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Motley Fool Next
Index TR
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Russell Midcap Growth
Total Return (Index)
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Trailing Total Returns are shown net of fund management and operating expenses. For periods greater than one year, average annual total returns are shown. The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. It is not possible to invest in an index.

The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. For performance as of the most recent month end, please call 1-800-617-0004. Short term performance, in particular, is not a good indication of a fund's future performance, and investments should not be made based solely on returns. Performance shown for less than a 1 year or less is cumulative.

 

 

NAV & Market Price As of TBD
NAVTBD
NAV Change ($)TBD
NAV Change (%)TBD
30-Day Median Bid/Ask SpreadTBD
Market PriceTBD
Market Price Change ($)TBD
Market Price Change (%)TBD
Premium/DiscountTBD

The Daily pricing is subject to change.

The bid-ask spread is the difference between the bid price for a security and its ask (or offer) price. It represents the difference between the highest price a buyer is willing to pay (bid) for a security and the lowest price a seller is willing to accept.

The net asset value (“NAV”) of the Fund’s shares is determined as of the close of regular trading on the NYSE (generally 4:00 p.m. Eastern time) each day the NYSE is open. Share are purchased and sold in secondary market transactions at negotiated market prices rather than at NAV. Shares of the Fund may be bought and sold throughout the day on the exchange through a brokerage account. However, shares are not individually redeemable, and may only be redeemed directly from the Fund by Authorized Participants in very large creation/redemption units. Shares may trade at, above or below NAV. Brokerage commissions will reduce returns.

Holdings

Allocations As of TBD

 

Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security. Current and future portfolio holdings are subject to risk.

Top 10 Holdings As of TBD

Ticker CUSIP/Identifier Company Name Shares Weighting

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Premium/Discount

Recent Premium/Discount As of TBD
NAV Market Close Price Premium/Discount
TBD TBD TBD

 

 

 
Days at premium
Days at zero premium/discount
Days at discount

 

The Premium/Discount information shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

 

Historical Distribution & Tax Information

At Motley Fool Asset Management, we annually distribute ordinary income and capital gain distributions during the last week in December. During certain years our products did not distribute capital gains to shareholders. We view trading costs and taxes as being drags on total fund performance. We don't like generating big tax bills for our clients, so we've intentionally aimed to get our capital gains distributions to somewhere close to zero. Please remember that past performance and distributions do not guarantee future distributions or results.

 

Motley Fool ETFs are distributed by Quasar Distributors, LLC.

The investment advisor for the Fund is Motley Fool Asset Management, LLC (“MFAM”). MFAM is a wholly owned subsidiary of Motley Fool Investment Management, LLC, whose parent company, The Motley Fool Holdings, Inc., which is a multimedia financial-services holding company.

The Next Index was established by TMF in 2021 and is a proprietary, rules-based index designed to track the performance of mid- and small-capitalization U.S. companies that have been recommended by TMF’s analysts and newsletters. TMF’s “recommendation universe” includes all companies domiciled in the United States that are either active recommendations of a newsletter published by TMF or are among the 150 highest rated U.S. companies in TMF’s analyst opinion database, subject to universe continuity rules.

The Russell Midcap® Growth Index measures the performance of the midcap growth segment of the US equity universe, as defined by Russell. It is not possible to invest in an index.

Investing involves risk. Principal loss is possible. This Fund invests primarily in particular market capitalizations, including small cap stocks, thus its performance will be especially sensitive to market conditions that particularly affect smaller capitalization companies. The Fund is non-diversified, which means its NAV, market price and total returns may fluctuate or fall more than a diversified fund. Gains or losses on a single stock may have a greater impact on the Fund. For these and other reasons, there is no guarantee the Fund will achieve its stated objective.

 

Please consider the charges, risks, expenses, and investment objectives carefully before you invest. Please see the prospectuses for the Motley Fool Global Opportunities ETF, the Motley Fool Mid Cap Growth ETF, the Motley Fool 100 ETF, the Motley Fool Small Cap Growth ETF, the Motley Fool Next Index ETF and the Motley Fool Capital Efficiency 100 Index ETF containing this and other information. Read it carefully before you invest or send money.