FM Compounders Equity ETF

Frequently Asked Questions About FMCE

What does FMCE invest in?

The FM Compounders Equity ETF (FMCE) is an actively managed exchange-traded fund. Under typical market circumstances, it primarily invests in a focused selection of 25 to 35 common stocks traded on U.S. national securities exchanges. A substantial portion of the fund's capital, at least 80% of its total assets, is consistently allocated to equity securities. This fund is structured as non-diversified.

What is the expense ratio of FMCE?

FM Compounders Equity ETF (FMCE) charges an expense ratio of 0.71%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FMCE?

FM Compounders Equity ETF (FMCE) manages $68.9M 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 FMCE actively managed or an index fund?

FMCE is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FMCE's is 0.71%) in exchange for the discretion to over- or under-weight positions.

When was FMCE launched?

FM Compounders Equity ETF (FMCE) launched in November 2024 and is managed by First Manhattan.

How has FMCE performed?

FMCE'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.