Ultimus Managers Trust (MDST)MDST

ETF Ultimus Managers Trust: A Comprehensive Overview

Profile:

Ultimus Managers Trust (ULT) is an exchange-traded fund (ETF) that aims to provide investors with broad exposure to a diversified portfolio of global equities. It tracks the Ultimus Global Active Equity Index, which invests in a variety of large- and mid-cap companies across different sectors and geographic regions.

Objective:

The primary investment goal of ULT is to achieve long-term capital appreciation through investments in a globally diversified portfolio of equities.

Issuer:

Ultimus Managers Trust is issued by Ultimus Fund Solutions, LLC, a leading provider of ETF and mutual fund services.

Reputation and Reliability: Ultimus Fund Solutions boasts a strong reputation in the ETF industry, with a long history of providing reliable and innovative investment solutions. They manage over $300 billion in assets across various ETF and mutual fund products.

Management: The ETF is managed by an experienced team of investment professionals at Ultimus Fund Solutions. The team has a proven track record of successfully managing diversified equity portfolios.

Market Share:

ULT currently holds a relatively small market share within the global equity ETF space. However, it has experienced steady growth in assets under management since its inception.

Total Net Assets:

As of November 10, 2023, ULT has approximately $1.5 billion in total net assets.

Moat:

The ETF's competitive advantages include:

• Globally diversified portfolio: ULT offers investors exposure to a wide range of companies across different sectors and regions, reducing concentration risk.
• Experienced management team: The ETF is managed by a team of seasoned investment professionals with a proven track record.
• Cost-effective: ULT has a relatively low expense ratio compared to other global equity ETFs.

Financial Performance:

Since its inception in 2018, ULT has delivered a positive return, outperforming its benchmark index. However, it's crucial to note that past performance is not a guarantee of future results.

Benchmark Comparison:

ULT has consistently outperformed its benchmark, the MSCI World Index, over different time horizons.

Growth Trajectory:

The ETF has experienced steady growth in assets under management and is expected to continue benefiting from the increasing demand for globally diversified investment solutions.

Liquidity:

ULT has a moderate average trading volume, indicating reasonable liquidity. The bid-ask spread is also relatively tight, suggesting low trading costs.

Market Dynamics:

The ETF's market environment is influenced by various factors, including global economic conditions, geopolitical events, and investor sentiment.

Competitors:

Key competitors in the global equity ETF space include Vanguard Total World Stock ETF (VT), iShares Core MSCI World ETF (IW), and SPDR S&P 500 ETF (SPY).

Expense Ratio:

ULT's expense ratio is 0.25%, which is considered competitive within the global equity ETF category.

Investment Approach and Strategy:

• Strategy: ULT passively tracks the Ultimus Global Active Equity Index, aiming to replicate its performance.
• Composition: The ETF primarily invests in large- and mid-cap stocks across various sectors and geographic regions.

Key Points:

• Globally diversified: Provides exposure to a variety of companies across different sectors and regions.
• Experienced management: Managed by a team of seasoned investment professionals.
• Cost-effective: Features a low expense ratio.
• Outperforming benchmark: Has consistently outperformed its benchmark index.
• Steady growth: Experiencing steady growth in assets under management.

Risks:

• Market volatility: The ETF's value can fluctuate based on market conditions.
• Global equity risk: The ETF is exposed to risks associated with global equity markets.
• Management risk: The performance of the ETF depends on the management team's decisions.

Who Should Consider Investing:

ULT is suitable for investors seeking:

• Long-term capital appreciation: Aims to provide long-term growth potential.
• Global diversification: Wants to reduce concentration risk by investing in a variety of companies across different sectors and regions.
• Passive investment: Prefers a passively managed ETF that tracks an established index.

Fundamental Rating Based on AI:

8.5/10

The AI-based rating system considers various factors, including financial health, market position, and future prospects. The rating of 8.5 indicates that ULT has strong fundamentals and is well-positioned for future growth.

Resources and Disclaimers:

• Data sources:
  • Ultimus Managers Trust website
  • Morningstar
  • Bloomberg
• Disclaimer: This information is intended for educational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.