ERShares Global Fund Institutional Class

Frequently Asked Questions About ENTIX

What does ENTIX invest in?

The fund aims to achieve superior investment returns, on a gross basis (before deducting fees and expenses), compared to the performance of the MSCI World Index. To accomplish this, it allocates a significant portion—a minimum of 40% of its net assets (potentially augmented by borrowed funds)—to equity securities of companies operating outside the United States. This includes businesses that are either domiciled or headquartered internationally, or those whose primary commercial activities or main stock exchange listings are located in non-U.S. markets.

What is the expense ratio of ENTIX?

ERShares Global Fund Institutional Class (ENTIX) charges an expense ratio of 0.98%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ENTIX?

ERShares Global Fund Institutional Class (ENTIX) manages $43.5M 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 ENTIX actively managed or an index fund?

ENTIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ENTIX's is 0.98%) in exchange for the discretion to over- or under-weight positions.

When was ENTIX launched?

ERShares Global Fund Institutional Class (ENTIX) launched in November 2010 and is managed by the fund issuer.

How has ENTIX performed?

ENTIX'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.