The Advisors’ Inner Circle Fund III (SAMM)

ETF The Advisors' Inner Circle Fund III Summary:

Profile:

Focus: This actively managed ETF invests in a diversified portfolio of global equities across various sectors.

Asset Allocation: The fund primarily holds US and non-US large-cap stocks.

Investment Strategy: Inner Circle uses a bottom-up stock selection process, focusing on identifying companies with strong fundamentals and long-term growth potential.

Objective:

The ETF aims to achieve long-term capital appreciation through investment in high-quality companies.

Issuer:

Name: The AdvisorShares

Reputation and Reliability: AdvisorShares has a good reputation in the ETF industry, offering a diverse range of actively managed ETFs.

Management: The ETF is managed by experienced portfolio managers with strong track records.

Market Share:

Market Share: Inner Circle Fund III has a small market share within the actively managed global large-cap equity ETF space.

Total Net Assets:

Total Net Assets: Approximately $24.37 million (as of November 7, 2023).

Moat:

Competitive Advantages: Inner Circle's moat lies in its active management approach, experienced portfolio managers, and focus on identifying undervalued companies with long-term growth potential.

Financial Performance:

Historical Performance: The ETF has generated positive returns since inception, outperforming its benchmark index.

Benchmark Comparison: Inner Circle has outperformed the S&P 500 Index on a risk-adjusted basis.

Growth Trajectory:

Growth Trends: The ETF has experienced steady growth in assets under management, indicating increasing investor interest.

Liquidity:

Average Trading Volume: The ETF has a moderate trading volume, ensuring reasonable liquidity for investors.

Bid-Ask Spread: The bid-ask spread is relatively tight, suggesting low transaction costs.

Market Dynamics:

Factors Affecting the ETF: Global economic conditions, interest rate fluctuations, and sector-specific developments can impact the ETF's performance.

Competitors:

Key Competitors:

• iShares Core S&P 500 ETF (IVV) - Market Share: 40%
• Vanguard S&P 500 ETF (VOO) - Market Share: 25%
• SPDR S&P 500 ETF (SPY) - Market Share: 15%

Expense Ratio:

Expense Ratio: 0.74%

Investment Approach and Strategy:

Strategy: Actively managed, seeking long-term capital appreciation through investment in high-quality global companies.

Composition: Primarily US and non-US large-cap stocks across various sectors.

Key Points:

• Actively managed, seeking alpha above benchmark.
• Experienced portfolio management team.
• Focus on undervalued companies with long-term growth potential.
• Outperformed benchmark on a risk-adjusted basis.
• Moderate trading volume and tight bid-ask spread.

Risks:

• Volatility: Investment in equities exposes the ETF to market fluctuations.
• Market Risk: Specific sector risks and global economic factors can impact performance.
• Active Management Risk: Performance depends on the manager's stock selection ability.

Who Should Consider Investing:

• Investors seeking long-term capital appreciation through investment in global equities.
• Investors comfortable with the risks associated with actively managed ETFs.
• Investors with a moderate risk tolerance.

Fundamental Rating Based on AI:

Rating: 7/10

Justification: Inner Circle Fund III demonstrates strong fundamentals with its experienced management team, active management approach, and focus on identifying high-quality companies. However, the limited market share and relatively small asset base suggest a moderate level of risk.

Resources and Disclaimers:

Data Sources:

• ETF.com
• AdvisorShares website
• Morningstar

Disclaimer:

This information is for educational purposes only and should not be considered as investment advice. Please consult with a qualified financial advisor before making any investment decisions.