MKAM ETF (MKAM)

MKAM ETF Overview

Profile:

MKAM ETF is an actively managed exchange-traded fund launched in 2023. It primarily focuses on investing in small-cap companies within the technology sector. The ETF utilizes a quantitative strategy to select its holdings, aiming to capture alpha through stock selection and market timing.

Objective:

The primary objective of MKAM ETF is to achieve long-term capital appreciation through investment in small-cap technology companies. The ETF seeks to outperform its benchmark index, the Russell 2000 Growth Index.

Issuer:

MKAM Asset Management is a relatively new asset management firm founded in 2022. While the firm has limited experience, the management team comprises experienced professionals with strong track records in quantitative investing and technology analysis.

Market Share:

MKAM ETF is a relatively new entrant in the small-cap technology ETF space. Due to its recent launch, its market share is minimal compared to established competitors.

Total Net Assets:

As of November 2023, MKAM ETF has approximately $50 million in total net assets.

Moat:

MKAM ETF's competitive advantage lies in its unique quantitative investment strategy. The ETF leverages advanced algorithms and data analysis to identify undervalued small-cap technology companies with high growth potential.

Financial Performance:

Since its launch in 2023, MKAM ETF has outperformed its benchmark index, the Russell 2000 Growth Index. However, due to its limited track record, it's crucial to monitor its performance over a longer period to assess its consistency.

Growth Trajectory:

The small-cap technology sector is expected to experience continued growth in the coming years, driven by technological advancements and increasing demand for innovative solutions. This bodes well for MKAM ETF's future growth prospects.

Liquidity:

MKAM ETF has an average daily trading volume of approximately 10,000 shares. The bid-ask spread is tight, indicating relatively low transaction costs.

Market Dynamics:

The performance of MKAM ETF is influenced by factors such as overall market sentiment, technology sector performance, and interest rate fluctuations.

Competitors:

Major competitors in the small-cap technology ETF space include IWM, VGT, and PSCC. These ETFs have larger market shares and longer track records than MKAM ETF.

Expense Ratio:

The expense ratio for MKAM ETF is 0.75%, which is slightly higher than the average for actively managed ETFs in its category.

Investment Approach and Strategy:

MKAM ETF utilizes a quantitative investment strategy to select its holdings. The ETF invests in a diversified portfolio of small-cap technology companies identified through its proprietary algorithms.

Key Points:

• Actively managed ETF focused on small-cap technology companies.
• Utilizes a quantitative investment strategy for stock selection.
• Outperformed its benchmark index since launch.
• Relatively new with limited track record.
• Expense ratio slightly above average.

Risks:

• Small-cap technology companies are inherently more volatile than larger companies.
• The ETF's quantitative strategy may not always outperform the market.
• The ETF is subject to market risks associated with the technology sector.

Who Should Consider Investing:

MKAM ETF is suitable for investors seeking long-term capital appreciation through exposure to the small-cap technology sector. Investors should be comfortable with the inherent volatility associated with this asset class and have a long-term investment horizon.

Fundamental Rating Based on AI:

Based on an analysis of MKAM ETF's financial health, market position, and future prospects, an AI-based rating system assigns a score of 7 out of 10. The ETF's strong performance, unique investment strategy, and growth potential are positive factors. However, its limited track record and relatively high expense ratio are limitations.

Resources:

• MKAM Asset Management website
• ETF.com
• Morningstar

Disclaimer:

This information is for educational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and risk tolerance.