- What does LFSC invest in?
- LFSC seeks to invest in innovative life sciences companies that are expected to create value and long-term growth. The actively managed fund relies on a specialized and experienced team to research complex life sciences companies. It invests in US equity securities identified to have growth potential that meet the criteria of technological advancement, market disruption, or artificial intelligence. The broad life science field includes biotechnology, pharmaceutical, medical diagnostics and devices, healthcare services and technologies, and synthetic biology. Stock selection employs an extensive 10-step research process that includes reviews of publicly available and third-party information, peer reviews, financial and valuation models, internal research, surveys, as well as interviews and contact with management, industry and medical professionals, supply chain, and collaboration within the investment team. The fund may invest up to 20% in foreign companies listed on a US exchange.
- What is the expense ratio of LFSC?
- F/M Emerald Life Sciences Innovation ETF (LFSC) charges an expense ratio of 0.54%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is LFSC?
- F/M Emerald Life Sciences Innovation ETF (LFSC) manages $74.7M 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 LFSC actively managed or an index fund?
- LFSC is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LFSC's is 0.54%) in exchange for the discretion to over- or under-weight positions.
- When was LFSC launched?
- F/M Emerald Life Sciences Innovation ETF (LFSC) launched in October 2024 and is managed by F/m.
- How has LFSC performed?
- LFSC'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.