Westwood LBRTY Global Equity ETF

Frequently Asked Questions About BFRE

What does BFRE invest in?

BFRE utilizes a proprietary rules-based methodology to ensure diversification across sectors and countries while promoting values such as basic civil liberties, freedom, open markets and reduced authoritarian influences. The strategy is based on academic research that has found democratic nations possess certain economic advantages and growth. The fund offers broad exposure to both developed and emerging markets, while reducing direct and indirect exposure to autocratic countries. The selection process screens out companies associated with high political control and economic restrictions. Holdings are weighted based on market-cap and will focus on large- and mid-cap stocks. The minimum market capitalizations will vary by region. The index is rebalanced quarterly, with a maximum weight of 4.5% on individual positions.

What is the expense ratio of BFRE?

Westwood LBRTY Global Equity ETF (BFRE) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BFRE?

Westwood LBRTY Global Equity ETF (BFRE) manages $2.2M 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 BFRE actively managed or an index fund?

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

When was BFRE launched?

Westwood LBRTY Global Equity ETF (BFRE) launched in March 2025 and is managed by Westwood.

How has BFRE performed?

BFRE'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.