Affirm Holdings, Inc.

Frequently Asked Questions About AFRM

What does AFRM invest in?

Affirm Holdings, Inc. provides a digital and mobile-first commerce platform that operates across the United States and Canada. This platform offers consumers a point-of-sale financing solution, delivers various tools for merchants, and includes a dedicated mobile application for users. Leveraging its payment network and partnerships with originating banks, the company enables customers to spread the cost of their purchases over time, with payment terms ranging from a single month up to forty-eight months. By June 30, 2021, approximately 29,000 merchants had integrated Affirm's services, representing a diverse array of businesses from small enterprises and large corporations to direct-to-consumer brands and traditional physical stores. These businesses span numerous industries, including sporting goods, home furnishings, travel, apparel, accessories, consumer electronics, and jewelry. Affirm was founded in 2012 and is based in San Francisco, California.

What is the expense ratio of AFRM?

An expense ratio for Affirm Holdings, Inc. (AFRM) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is AFRM?

Affirm Holdings, Inc. (AFRM) manages $23.52B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AFRM actively managed or an index fund?

AFRM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AFRM launched?

Affirm Holdings, Inc. (AFRM) launched in January 2021 and is managed by the fund issuer.

How has AFRM performed?

AFRM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.