VNMC Natixis Vaughan Nelson Mid Cap ETF
What is VNMC?
VNMC is an actively-managed, non-transparent fund of US mid-cap companies that are believed to be temporarily out of favor or misunderstood. The fund utilizes the Natixis/NYSE non-transparent model.
VNMC Factset Analytics Insight
VNMC is one of Natixis’ first active, non-transparent ETFs which discloses holdings on a monthly basis with a 15-day lag. The fund selects mid-cap companies that the fund manager believes have lower price-to-book ratios and lower forecasted growth values based on business fundamentals, economic margin analysis and discounted cash flow models. Selected securities may take the form of exchange-traded stocks and REITs. Fund managers have the flexibility to allocate up to 20% of the fund’s assets in large- and small-cap companies. Holdings are represented in a proxy portfolio published on its website daily which correlates to the fund’s holdings. This structure enables arbitrage opportunities and minimize return deviation between the proxy and the actual portfolio. Still investors should take into account greater price disparity during volatile markets due to its non-transparent nature.
VNMC Summary Data
VNMC Portfolio Data
VNMC Index Data
VNMC Portfolio Management
VNMC Tax Exposures
VNMC Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of VNMC. VNMC is rated a N/A out of 5.
VNMC Sector/Industry Breakdown
VNMC Top 10 Holdings
VNMC Performance Statistics
VNMC Economic Development
VNMC Benchmark Comparison Summary
VNMC Benchmark Comparison Market Cap Size