TMFM

TMFM seeks long-term capital appreciation by targeting US growth stocks that have strong market positioning and free cash flow, manageable leverage, and attractive prices. The fund selects stocks regardless of industry to maintain a diversified portfolio that exhibits capital growth potential. The adviser considers a balance of qualitative and quantitative factors in selecting firms and evaluates them based on four criteria: management, culture, and incentives, the economics of the business, competitive advantage, and trajectory. At least 30 companies will make up the portfolio, with the 10 largest stocks occupying not more than 60% of the fund's net assets. Since the fund may tilt heavily to certain sectors, it is vulnerable to risks associated with developments affecting those areas. TMFM was converted from the MFAM Mid-Cap Growth Fund, an open-ended mutual fund, to an ETF with $318 million in assets, and launched beside its sibling fund TMFG, which focuses on global stocks.