FormulaFolios US Equity Fund Investor Class

Frequently Asked Questions About FFIOX

What does FFIOX invest in?

Under typical market circumstances, this fund allocates a minimum of 80% of its total assets, including any borrowed capital for investment, to equity holdings of companies based in the United States. Its primary focus lies in the common and preferred stock of substantial American corporations. To identify investment opportunities, the fund's advisor employs a unique, data-driven three-factor model designed to pinpoint up to 50 individual stocks from the Russell 3000 Index.

What is the expense ratio of FFIOX?

An expense ratio for FormulaFolios US Equity Fund Investor Class (FFIOX) 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 FFIOX?

FormulaFolios US Equity Fund Investor Class (FFIOX) manages $70.4M 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 FFIOX actively managed or an index fund?

FFIOX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios because there's no security selection cost.

When was FFIOX launched?

FormulaFolios US Equity Fund Investor Class (FFIOX) launched in January 2019 and is managed by the fund issuer.

How has FFIOX performed?

FFIOX'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.