Key stats
About Investment Managers Series Trust III FPA Global Equity ETF
Expense ratio
0.49%
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Inception date
Dec 17, 2021
FPAG seeks long-term income and capital growth from an actively managed portfolio of large- and mid-cap value stocks from developed and emerging markets. Constituents are selected using the Contrarian Value Equity Strategy which seeks to invest in companies that are considered undervalued, including firms that currently appear out of favor according to media headlines, but have a favorable outlook for growth in the next 5 to 10 years. The fund adviser also conducts an internal research of each firms financial condition (potential future earnings, cash flow, and dividends), including its target customers and competitors. The final portfolio composition consists of securities offered at a substantial discount relative to the fund advisers estimation of their intrinsic value. The fund limits its non-US exposure to 40% of its net assets. FPAG is the first ETF launched by the First Pacific Advisors.
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
Electronic Technology
Technology Services
Finance
Consumer Services
Consumer Non-Durables
Stocks95.41%
Electronic Technology16.73%
Technology Services16.52%
Finance12.88%
Consumer Services10.74%
Consumer Non-Durables10.22%
Retail Trade5.87%
Non-Energy Minerals5.34%
Consumer Durables4.47%
Distribution Services4.46%
Industrial Services3.22%
Commercial Services2.17%
Producer Manufacturing1.36%
Transportation1.16%
Utilities0.26%
Bonds, Cash & Other4.59%
ETF3.94%
Cash0.65%
Stock breakdown by region
North America73.43%
Europe21.31%
Asia5.26%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history