What is FRDM?

FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FRDM 0.42% 3.79% 4.37% -13.29% 19.28% -- --
FRDM (NAV) -0.16% 3.86% 4.13% -13.37% 19.69% -- --
MSCI Emerging Markets Investable Market Index 0.05% 2.37% 1.97% -11.95% 10.67% -0.93% 2.13%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FRDM Factset Analytics Insight

FRDM tracks an index that incorporates third-party quantitative personal and economic freedom metrics as primary factors in its investment process. Emerging market countries that meet minimum market capitalizations are evaluated based on 76 variables including (1) civil freedom metrics covering terrorism, trafficking, torture, detainments, disappearances, and women’s rights (2) political freedom metrics covering rule of law, due process, freedom of speech, media, assembly, internet, and religion, and (3) economic freedom metrics covering tax rates, access to international trade, business regulations, soundness of monetary policy, and level of government interference in private market activity. Country selection and weights are based on a composite of the above factors. Companies with 20% or more state ownership are excluded. The top 10 largest, most liquid securities in each country, typically 100 securities in the portfolio, are market-cap-weighted within their country weights.

FRDM Summary Data

05/23/19
0.49%
$408.89M
Life + Liberty Freedom 100 Emerging Markets Index
MSCI Emerging Markets Investable Market Index
Open-Ended Fund

Peers

MSCI Emerging Markets Investable Market Index

Fund Flows

+$0.00B 5 Days
+$0.09B 30 Days
+$0.15B 90 Days

FRDM Portfolio Data

$79.98B
8.81
1.66
2.62%
N/A
103

FRDM Index Data

Life + Liberty Freedom 100 Emerging Markets Index
Tiered
Principles-based
MSCI Emerging Markets Investable Market Index

FRDM Portfolio Management

0.49%
--
--
--

FRDM Tax Exposures

20.00% / 39.60%
0.06%
Qualified dividends
No

FRDM Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

This measurement shows how easy it is to trade a $1 million USD block of FRDM. FRDM is rated a 5 out of 5.

FRDM Tradability

131,535
$3.88M
84,934
$2.44M
0.36%
$0.10
0.28%
1.98% / -1.44%
None
37.52%
50,000
1.70
0.11%
0.18%
0
$28.68
5

FRDM Sector/Industry Breakdown

FRDM Segment
Benchmark
26.74% --
22.04% --
11.90% --
10.45% --
6.35% --
4.32% --
3.10% --
2.72% --
2.54% --
2.02% --

FRDM Top 10 Holdings

8.50%
7.96%
3.75%
3.37%
3.32%
3.23%
3.00%
2.62%
2.32%
42.52%

FRDM Performance Statistics

0.53
0.76
0.73
0.84
0.84%
MSCI Emerging Markets Investable Market Index

FRDM Countries

FRDM Segment
Benchmark
19.41% 0.60%
18.84% 15.15%
18.26% 12.13%
13.78% 0.77%
6.28% 3.59%
5.86% 5.28%
4.91% 1.69%
4.59% 1.91%
3.27% 2.46%
2.40% 0.54%

FRDM Regions

FRDM Segment
Benchmark
48.92% 78.36%
28.54% 8.48%
13.78% 1.46%
6.28% 11.16%
2.40% 0.54%

FRDM Economic Development

FRDM Segment
Benchmark
79.27% 61.91%
20.66% 38.09%

FRDM Benchmark Comparison Holdings

103
3200
83
13.17%

FRDM Benchmark Comparison Summary

FRDM Segment
Benchmark
103 3200
$79.98B $96.54B
8.81 13.12
1.66 1.73
3.98% 2.56%
Medium Low

FRDM Benchmark Comparison Market Cap Size

FRDM Segment
Benchmark
57.87% 61.00%
36.91% 26.22%
2.38% 10.60%
0.35% 1.37%