First Eagle Mid Cap Equity ETF

Frequently Asked Questions About FEMD

What does FEMD invest in?

FEMD primarily allocates capital to equity holdings in medium-sized American businesses. These are identified as companies whose market valuation, at the point of acquisition, does not surpass that of constituents within the Russell Mid Cap Index. The core objective of the fund is to achieve substantial long-term growth in capital. It pursues this by strategically targeting situations deemed advantageous by its adviser, which encompass enterprises undergoing revitalization, nascent growth firms experiencing inconsistent earnings, businesses possessing latent asset value, and those whose shares are priced below their intrinsic worth. While the majority of its holdings consist of U.S. equities, the fund retains the flexibility to make limited investments in international companies via instruments known as depositary receipts. Furthermore, cash and cash equivalents may be maintained as necessary for ensuring liquidity and facilitating efficient portfolio administration.

What is the expense ratio of FEMD?

First Eagle Mid Cap Equity ETF (FEMD) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FEMD?

First Eagle Mid Cap Equity ETF (FEMD) manages $3.9M 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 FEMD actively managed or an index fund?

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

When was FEMD launched?

First Eagle Mid Cap Equity ETF (FEMD) launched in January 2026 and is managed by First Eagle.

How has FEMD performed?

FEMD'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.