Emerald Finance and Banking Innovation Fund

Frequently Asked Questions About FFBFX

What does FFBFX invest in?

The Emerald Finance and Banking Innovation Fund is typically mandated to commit at least 80% of its total investable capital—which includes its net assets along with any funds borrowed for investment purposes—to the banking and financial services industries. This allocation can be achieved by investing in equity securities (both common and preferred shares) of companies whose primary operations are within these sectors, or through collective investment vehicles that, in turn, invest in such financial institutions.

What is the expense ratio of FFBFX?

Emerald Finance and Banking Innovation Fund (FFBFX) charges an expense ratio of 1.89%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FFBFX?

Emerald Finance and Banking Innovation Fund (FFBFX) manages $47.3M 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 FFBFX actively managed or an index fund?

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

When was FFBFX launched?

Emerald Finance and Banking Innovation Fund (FFBFX) launched in March 2010 and is managed by the fund issuer.

How has FFBFX performed?

FFBFX'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.