ETC 6 Meridian Mega Cap Equity ETF

Frequently Asked Questions About SIXA

What does SIXA invest in?

Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mega capitalization equity securities. The Sub-Adviser considers mega capitalization companies to be the largest 10% of stocks included in the Russell 3000 Index by market capitalization. The equity securities in which it invests are mainly common stocks. The fund is non-diversified.

What is the expense ratio of SIXA?

ETC 6 Meridian Mega Cap Equity ETF (SIXA) charges an expense ratio of 0.47%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SIXA?

ETC 6 Meridian Mega Cap Equity ETF (SIXA) manages $402.2M 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 SIXA actively managed or an index fund?

SIXA 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 (SIXA's is 0.47%) because there's no security selection cost.

When was SIXA launched?

ETC 6 Meridian Mega Cap Equity ETF (SIXA) launched in May 2020 and is managed by Meridian.

How has SIXA performed?

SIXA'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.