Constrained Capital ESG Orphans ETF

Frequently Asked Questions About ORFN

What does ORFN invest in?

The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index. The index includes free-float market capitalization weighted companies and is comprised of U.S.-listed stocks and ADRs of companies whose primary business is in a sector or sub-sector (each, an “Orphaned Sector”) that is commonly “orphaned”, discarded, or excluded by ESG -centric mutual funds and ETFs registered under the “1940 Act”. The fund is non-diversified.

What is the expense ratio of ORFN?

Constrained Capital ESG Orphans ETF (ORFN) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ORFN?

Constrained Capital ESG Orphans ETF (ORFN) manages $3.3M 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 ORFN actively managed or an index fund?

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

When was ORFN launched?

Constrained Capital ESG Orphans ETF (ORFN) launched in May 2022 and is managed by the fund issuer.

How has ORFN performed?

ORFN'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.