MFEMPIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM Fund Description
MFEM tracks an index of emerging-market companies that are selected and weighted by a combination of fundamental and technical factors.
MFEM Factset Analytics Insight
MFEM aims for increased exposure to outperforming investment factors in the emerging-market space. The methodology calculates a “fundamental weight”—a stand-in for market-cap—for each security in its universe, using four fundamental metrics: current book value, and the last five years of de-levered sales, cash flow, and dividends plus buybacks. Each security is also scored on five investment factors: value, low volatility, quality, momentum, and size. These factors are used to create five sub-portfolios within the fund, with each stock potentially appearing in multiple sub-portfolios. For the value, quality, and low volatility portfolios, stocks are ranked by the factor score and the top 25% by fundamental weight are selected. The momentum portfolio selects the top 50%. The size portfolio includes all of the small-cap firms from the other portfolios. All sub-portfolios are weighted by fundamental weight. The factor portfolios are equal-weighted to start, with the weights then adjusted based on momentum and long-term reversal signals. The index uses a rolling rebalance, only rebalancing 25% of each sub-portfolio every quarter.
MFEM Summary Data
MFEM Portfolio Data
MFEM Index Data
MFEM Portfolio Management
MFEM Tax Exposures
MFEM Fund Structure
MFEM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MFEM. MFEM is rated a 1 out of 5.
MFEM Sector/Industry Breakdown
MFEM Top 10 Holdings[View All]
MFEM Economic Development
MFEM Performance Statistics
MFEM Benchmark Comparison Summary
MFEM Benchmark Comparison Market Cap Size