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Frontier Asset Management Selects SEI to Launch Active ETFs
PRNewswire (Fri, 20-Dec 8:02 AM ET)
The Frontier Asset Absolute Return ETF (the "Fund") seeks to achieve long-term total return. The Fund is an actively-managed exchange-traded fund ("ETF"). The Fund utilizes an absolute return approach that is designed to provide exposure to a wide range of equity securities, fixed income securities, commodities and currencies of domestic and foreign issuers, with no prescribed asset allocation targets under normal circumstances. The Fund's equity investments may include common stock, preferred stock, securities convertible into other equity securities, and real estate investment trusts ("REITs"). The Fund may invest in the equity securities of U.S. and foreign companies of various market capitalizations, including in emerging and developed markets. The Fund's fixed income securities may include securities issued or guaranteed by the U.S. Government and its agencies or instrumentalities, municipal securities, corporate debt securities, commercial paper, residential and commercial mortgage-backed securities, asset-backed securities, inflation-linked securities, convertible securities, and bank loans. The Fund's commodity exposure may include various commodities, including metals, energy, oil or agricultural products.
Advisors' Inner Circle II Frontier Asset Absolute Return ETF trades on the ARCA stock market under the symbol FARX.
As of January 17, 2025, FARX stock price climbed to $25.60 with 13,810 million shares trading.
FARX has a market cap of $12.03 million. This is considered a Sub-Micro Cap stock.
FARX support price is $25.35 and resistance is $25.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FARX shares will trade within this expected range on the day.