New ETF Launch: Motley Fool Asset Management has launched three new factor-focused ETFs, marking its first product expansion in nearly four years, with each fund charging a 0.50% fee.
Investment Strategies: The new ETFs include the Motley Fool Innovative Growth Factor ETF (MFIG), Value Factor ETF (MFVL), and Momentum Factor ETF (MFMO), each employing distinct strategies based on data-driven stock selection.
Future Expansion Plans: This launch is part of a broader strategy, as the company plans to introduce 15 new ETFs over time, expanding its existing lineup of six ETFs that manage over $2.5 billion in assets.
Market Positioning: The firm aims to attract investors seeking alternatives to traditional index trackers by leveraging its research-driven approach to factor investing.
Wall Street analysts forecast MFIG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MFIG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast MFIG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MFIG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 19.786
Low
Averages
High
Current: 19.786
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
