Symbols

FMCE

·ARCA

--(--)

Key Stats

Assets Under Management

63.20MUSD

Fund Flows (1Y)

-4.28MUSD

Dividend Yield

3.18%

Discount/Premium to NAV

0.10%

Shares Outstanding

2.40M

Expense Ratio

0.70%

About FM Compounders Equity ETF

Issuer

First Manhattan Co. LLC

Brand

Home Page

https://fmexcelsioretfs.com/fmce/details/

Inception Date

Apr 22, 2022

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Manhattan Co. LLC

Distributor

Northern Lights Distributors LLC

FMCE operates as a non-transparent ETF, utilizing confidential accounts for trades to maintain privacy regarding its portfolio. The fund aims for long-term capital appreciation by investing in 25-35 of the Issuers highest conviction in US stocks. Companies selected are those that are expected to produce free cash flow and possess strong competitive advantages. Its selection process relies on fundamental research, targeting compounders, which are businesses that reliably generate and compound cash flow, as well as undervalued firms that may present opportunities for growth. In addition, FMCE may invest in special situations, such as companies undergoing restructuring or other strategic changes, which may present temporary disconnects between share prices and intrinsic value. The fund is actively managed, seeking to adapt to market conditions by monitoring industry trends to identify promising investment opportunities, and to align its holdings. Holdings are disclosed quarterly, with a 60-day lag.

Classification

Asset Class

Equity

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	-2.20%	-2.44%	+8.81%	+7.85%	+5.27%	+5.27%
NAV Total Return	+4.69%	-0.59%	+10.93%	+10.57%	+0.03%	+0.03%

No data is currently available

Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.

Learn More in ETF Compare

Holdings Analysis