Key stats
About American Century Focused Dynamic Growth ETF
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Inception date
Mar 31, 2020
Structure
Open-Ended Fund
Replication method
Physical
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
American Century Investment Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US0250728104
FDG is one of the first active, non-transparent ETFs to begin trading. The fund uses fundamental, bottom-up approach, focusing on company earnings, revenues and cash flow to select mid- and large-cap US growth stocks. The concentrated portfolio holds roughly 30-45 names that are expected to accelerate their growth rate relative to recent trends, market expectations, peers and historical data. Notably, American Century discloses FDG's holdings 15 days after the calendar quarter for the preceding three months, instead of daily. The fund provides a verified intraday indicative value (VIIV) calculated every second during the trading day, to provide enough information for an arbitrage mechanism intending to keep the funds share price close to the underlying net asset value. Authorized participants who create/redeem shares have less information regarding the portfolio on a daily basis which may result in wider spreads.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Retail Trade
Stocks99.50%
Technology Services33.71%
Electronic Technology22.86%
Health Technology11.09%
Retail Trade10.10%
Consumer Durables6.09%
Finance5.73%
Consumer Services3.78%
Commercial Services2.50%
Transportation1.41%
Producer Manufacturing0.94%
Industrial Services0.82%
Consumer Non-Durables0.46%
Bonds, Cash & Other0.50%
Mutual fund0.50%
Stock breakdown by region
North America93.30%
Europe6.70%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDG invests in stocks. The fund's major sectors are Technology Services, with 33.71% stocks, and Electronic Technology, with 22.86% of the basket. The assets are mostly located in the North America region.
FDG top holdings are NVIDIA Corporation and Amazon.com, Inc., occupying 17.26% and 10.10% of the portfolio correspondingly.
FDG assets under management is 353.36 M USD. It's risen 2.46% over the last month.
FDG fund flows account for 32.68 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
FDG shares are issued by American Century Cos., Inc. under the brand American Century. The ETF was launched on Mar 31, 2020, and its management style is Active.
FDG expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
FDG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDG invests in stocks.
FDG price has risen by 7.42% over the last month, and its yearly performance shows a 34.06% increase. See more dynamics on FDG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.21% over the last month, showed a 17.31% increase in three-month performance and has increased by 34.21% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.21% over the last month, showed a 17.31% increase in three-month performance and has increased by 34.21% in a year.
FDG trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.