Eventide Exponential Technologies N (ETNEX)
| Fund Assets | 86.29M |
| Expense Ratio | 1.63% |
| Min. Investment | $1,000 |
| 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 | -4.29% |
| 1-Year Return | -4.09% |
| 5-Year Return | -28.83% |
| 52-Week Low | 10.07 |
| 52-Week High | 15.22 |
| Beta (5Y) | n/a |
| Holdings | 55 |
| Inception Date | Jun 30, 2020 |
About ETNEX
Eventide Exponential Technologies Fund Class N is an actively managed mutual fund that focuses on long-term capital appreciation by investing predominantly in technology-driven companies. The fund is structured to allocate at least 80% of its net assets to firms operating at the forefront of innovation, targeting emerging technology themes and trends that contribute to advancements in human flourishing. Its investment universe spans sectors such as information technology, industrials, and select consumer industries, emphasizing companies with the potential for rapid growth due to exponential technological change. Launched in 2020, the fund employs a sector equity strategy, making it a specialized option within the broader technology investment space. By concentrating on companies participating in transformative technology, the fund aims to capture growth opportunities presented by developments like artificial intelligence, automation, digital infrastructure, and other disruptive innovations. This focus on exponential technologies positions the fund as a notable player for investors seeking exposure to the dynamic and evolving technology sector.
Performance
ETNEX had a total return of -4.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.61%.
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% |