Key stats
About Renaissance International IPO ETF
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Inception date
Oct 6, 2014
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
Renaissance Capital LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US7599373039
IPOS, launched October 2014, is an international version of Renaissance Capital's IPO, which launched in October 2013. This fund specifically targets IPOs listed on international exchanges and includes them if they've gone public within the last three years. At each quaterly rebalance, constituents that no longer meet then index's criteria and have been public for three years are removed. Despite its international focus, IPOS won't include foreign companies that choose the US for its IPO, like Alibaba, which gets included in its US-listed specific sister-fund, IPO. IPOS tilts toward small-growth firms compared with our broad benchmark.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Non-Energy Minerals
Health Technology
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IPOS assets under management is 5.57 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IPOS invests in stocks. See more details in our Analysis section.
IPOS expense ratio is 0.80%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IPOS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, IPOS pays dividends to its holders with the dividend yield of 0.96%.
IPOS shares are issued by Renaissance Capital LLC
IPOS follows the Renaissance International IPO (TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 6, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.