Frontier Economic FundFrontier Economic FundFrontier Economic Fund

Frontier Economic Fund

No trades

Key stats


Assets under management (AUM)
‪2.84 M‬USD
Fund flows (1Y)
‪2.34 M‬USD
Dividend yield (indicated)
2.02%
Discount/Premium to NAV
0.2%
Shares outstanding
‪90.00 K‬
Expense ratio
0.20%

About Frontier Economic Fund


Issuer
MM VAM LLC
Brand
Alaska
Inception date
Jun 25, 2025
Structure
Open-Ended Fund
Index tracked
The Alaska Last Frontier Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
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%
Distributor
ALPS Distributors, Inc.
Identifiers
3
ISIN US2689617031
AKAF is a passively managed fund offering targeted exposure to Alaska. It is designed with the State of Alaska Department of Revenue to help promote investments that could strengthen the state's economic foundation. The index starts with US and non-US listed firms that meet minimum size and liquidity requirements. Eligible firms are then evaluated based on two main criteria: Operational Presence (job creation for Alaskan residents and having a local operational presence in the state) or Capital Investment (making strategic partnerships and fixed asset investments in Alaska). Such data is collected from various publicly available sources. Holdings are weighted based on their market-cap tier: 70% large-cap, 20% mid-cap, and 10% small-cap. Upward adjustments are then made to emphasize companies from sectors that are significant to Alaskas economy as measured by Alaskas share of US GDP. The index reconstitutes and rebalances semi-annually.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Fundamental
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Fundamental
What's in the fund
Exposure type
StocksBonds, Cash & Other
Transportation
Non-Energy Minerals
Stock breakdown by region
4%89%3%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.
AKAF trades at 32.43 USD today, its price has risen 3.03% in the past 24 hours. Track more dynamics on AKAF price chart.
AKAF net asset value is 32.37 today — it's risen 8.08% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AKAF assets under management is ‪2.84 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.
AKAF price has risen by 5.22% over the last month, and its yearly performance shows a 27.67% increase. See more dynamics on AKAF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.08% over the last month, showed a 16.61% increase in three-month performance and has increased by 11.31% in a year.
AKAF fund flows account for ‪2.34 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.
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.
AKAF invests in stocks. See more details in our Analysis section.
AKAF expense ratio is 0.20%. 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, AKAF 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, AKAF pays dividends to its holders with the dividend yield of 2.02%.
AKAF trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AKAF shares are issued by MM VAM LLC
AKAF follows the The Alaska Last Frontier Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 25, 2025.
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.