Key stats
About Ballast Small/Mid Cap ETF
Home page
Inception date
Dec 2, 2020
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Ballast Asset Management LP
Distributor
Northern Lights Distributors LLC
MGMT, as an actively-managed fund, primarily invests in equity securities of small and midcap US companies which the adviser believes are underpriced, due to misperception of future earnings growth relative to their expectations for growth over the long-term. In selecting investments, emphasis is placed on those companies led by great management teams that display high quality and financially-sound attributes, leading to outperformance over the long term. Company evaluations include the following factors: (i) successful operation of their businesses in unfavorable and favorable market environments, (ii) balance sheets, (iii) cash flow, and (iv) return on capital. The fund may also invest all or substantially all of its assets in cash, cash equivalents, or, alternatively, in shares of other investment companies (including open-end and closed-end funds as well as ETFs) in order for the fund to be more fully invested.
Classification
What's in the fund
Exposure type
Finance
Commercial Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.