- What are the top holdings of FPAA?
- A machine-readable holdings disclosure for Investment Managers Series Trust III - FPA Global Allocation ETF (FPAA) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does FPAA invest in?
- Investment Managers Series Trust III - FPA Global Allocation ETF (FPAA) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is FPAA most exposed to?
- FPAA's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is FPAA a US-only fund?
- The country allocation card on this page shows FPAA's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does FPAA invest in?
- FPAA seeks risk-adjusted returns by investing across both equity and fixed-income markets through underlying funds, but may also invest directly in securities. The fund generally allocates at least 50% of its assets to global equities, including emerging-market companies. Its fixed-income exposure may include government and corporate bonds, MBS, ABS, convertibles, loans, structured notes, inflation-linked bonds, and high-yield bonds. The adviser uses proprietary quantitative and qualitative research to evaluate factors such as equity valuations, credit spreads, and overall market risk-reward conditions in determining asset allocation and security selection. This approach allows FPAA to adjust exposure during periods of market volatility, capturing changing opportunities while managing risk. The fund may experience a high portfolio turnover rate due to active and frequent trading.
