American Century Mid Cap Growth Impact ETF (MID)

Overview

The American Century Mid Cap Growth Impact ETF (MIDO) seeks long-term capital appreciation by investing in mid-cap companies with growth potential and a positive social or environmental impact. It focuses on companies demonstrating sustainable business practices and contributing to positive societal outcomes.

Reputation and Reliability

American Century Investments is a well-established investment management firm with a long history and a reputation for providing innovative and socially responsible investment products.

Management Expertise

The management team possesses extensive experience in growth investing and sustainable investing, utilizing a disciplined and research-driven approach.

Goal

To provide long-term capital appreciation by investing in mid-cap growth companies with positive social or environmental impact.

Investment Approach and Strategy

Strategy: The ETF employs a fundamental, bottom-up investment approach, selecting companies based on their growth prospects and impact characteristics.

Composition The ETF primarily holds stocks of mid-capitalization companies that demonstrate growth potential and positive social or environmental impact.

Market Share: Data unavailable.

Total Net Assets (AUM): 115000000

Key Competitors

• IWP
• JHML
• RPG

Competitive Landscape

The mid-cap growth ETF market is competitive, with numerous established players. MIDO differentiates itself through its focus on impact investing, appealing to investors seeking both financial returns and positive social or environmental outcomes. However, established growth ETFs with broader mandates have a significant advantage in terms of AUM and brand recognition. MIDO must effectively market its impact focus to attract investors.

Historical Performance: Data unavailable.

Benchmark Comparison: Data unavailable.

Expense Ratio: 0.45

Average Trading Volume

The ETF's average trading volume is moderate, indicating reasonable liquidity for typical trading activities.

Bid-Ask Spread

The ETF generally maintains a narrow bid-ask spread, which helps minimize trading costs.

Market Environment Factors

Economic growth, interest rate levels, and investor sentiment towards growth stocks and ESG investments influence the ETF's performance.

Growth Trajectory

The ETF's growth trajectory depends on its ability to attract assets and deliver competitive returns in the mid-cap growth space, particularly given increasing investor interest in sustainable investing.

Competitive Edge

MIDO's competitive advantage lies in its dual focus on mid-cap growth and impact investing, catering to a specific and growing segment of the market. Its disciplined investment process and experienced management team contribute to its differentiation. The ETF's commitment to positive social and environmental outcomes may attract investors seeking values-aligned investments. However, its relatively small AUM compared to larger competitors represents a challenge.

Volatility

Data unavailable.

Market Risk

The ETF is subject to market risk, including fluctuations in stock prices and economic conditions. Investments in mid-cap companies can be more volatile than those in large-cap companies.

Ideal Investor Profile

The ideal investor is one seeking long-term capital appreciation and has an interest in companies with a positive social and environmental impact. They should understand the risks associated with investing in mid-cap stocks and be comfortable with moderate volatility.

Market Risk

This ETF is suitable for long-term investors who are looking to allocate a portion of their portfolio to growth stocks with an ESG (Environmental, Social, and Governance) focus. It is less suitable for active traders seeking short-term gains.

American Century Mid Cap Growth Impact ETF seeks long-term capital appreciation by investing in mid-cap growth companies that also demonstrate positive social and environmental impact. It differentiates itself through its ESG focus, appealing to investors seeking values-aligned investments. However, its smaller AUM poses a competitive disadvantage against larger, more established growth ETFs. MIDO is suitable for long-term investors comfortable with moderate volatility and interested in sustainable investing themes. Its success hinges on attracting assets by demonstrating competitive returns and effectively marketing its impact focus.

• ESGV
• ACTV
• CRBN
• SUSA
• EFIV

Data Sources:

• American Century Investments Website
• ETF.com
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.