Eventide Exponential Technologies I (ETIEX)
| Fund Assets | 86.29M |
| Expense Ratio | 1.43% |
| Min. Investment | $100,000 |
| Turnover | 126.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.83 |
| YTD Return | -4.31% |
| 1-Year Return | -3.91% |
| 5-Year Return | -28.12% |
| 52-Week Low | 10.17 |
| 52-Week High | 15.39 |
| Beta (5Y) | n/a |
| Holdings | 55 |
| Inception Date | Jun 30, 2020 |
About ETIEX
The Eventide Exponential Technologies Fund Class I is a mutual fund focused on investing in companies at the forefront of technological innovation. Its primary objective is to seek capital appreciation by targeting firms that drive or benefit from significant technology trends and advancements, particularly those serving constructive societal purposes. The fund takes a non-diversified approach, concentrating its assets primarily in the information technology and communication sectors, with exposure also to industrials and consumer cyclical companies. It invests mainly in U.S.-based technology firms but can also allocate assets to international and illiquid securities, including private companies and those with restricted resale. The fund holds a concentrated portfolio, with a significant percentage of assets in its top holdings, reflecting its selective strategy. Since its inception in 2020, the fund has aimed to harness exponential technological growth while prioritizing investments that align with human flourishing and positive impact.
Performance
ETIEX had a total return of -3.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.83%.
Top 10 Holdings
34.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Xometry, Inc. | XMTR | 4.62% |
| Flex Ltd. | FLEX | 4.07% |
| Intuit Inc. | INTU | 4.04% |
| Toast, Inc. | TOST | 3.92% |
| ServiceNow, Inc. | NOW | 3.17% |
| Constellation Software Inc. | CSU | 3.12% |
| Axon Enterprise, Inc. | AXON | 3.03% |
| Nutanix, Inc. | NTNX | 2.98% |
| CyberArk Software Ltd. | CYBR | 2.76% |
| Credo Technology Group Holding Ltd | CRDO | 2.76% |