FMiShares MSCI Frontier and Select EM ETF
FM Fund Description
FM is passively managed to track a tier-weighted index of stocks mainly from frontier markets and, to a lesser degree, emerging countries.
FM Factset Analytics Insight
FM tracks an index that provides exposure to stocks in frontier and emerging markets. The fund stretches across all market-cap sizes but selects the lower spectrum for emerging countries. The index provider employs “group entities” capping to ensure diversification. Group entities are multiple companies that may separately issue listed securities but are operated by a single controlling entity. FM targets weights of 80% for frontier markets and 20% for emerging markets. It then limits the two largest frontier countries at a 40% cap, while emerging countries are capped at 5% per individual country. Prior to March 1, 2021, the fund was called iShares MSCI Frontier 100 ETF that tracked the MSCI Frontier Markets 100 Index.
FM MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FM Portfolio Data
FM Index Data
FM Portfolio Management
FM Tax Exposures
FM Fund Structure
FM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FM. FM is rated a 2 out of 5.
FM Sector/Industry Breakdown
FM Top 10 Holdings[View All]
FM Economic Development
FM Performance Statistics
FM Benchmark Comparison Summary
FM Benchmark Comparison Market Cap Size