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Frontier Asset Management Selects SEI to Launch Active ETFs
PRNewswire (Fri, 20-Dec 8:02 AM ET)
The Frontier Asset Opportunistic Credit ETF (the "Fund") seeks to provide high income consistent with the preservation of capital. The Fund is an actively-managed exchange-traded fund ("ETF"). The Fund invests in ETFs that primarily invest in both investment grade and non-investment grade U.S. and non-U.S. fixed income securities, including those issued or guaranteed by the U.S. government or other sovereign entities, corporate debt securities, residential and commercial mortgage-backed securities, asset-backed securities, inflation-linked securities, and bank loans. The Fund operates in a manner that is commonly referred to as a "fund of funds" and obtains investment exposure primarily by investing in other ETFs. The Adviser considers fixed income securities to be investment grade if they are rated in one of the four highest rating categories by a nationally recognized statistical ratings organizations.
Advisors' Inner Circle II Frontier Asset Opportunistic Credit ETF trades on the ARCA stock market under the symbol FOPC.
As of January 3, 2025, FOPC stock price declined to $25.04 with 197,383 million shares trading.
FOPC has a market cap of $40.07 million. This is considered a Sub-Micro Cap stock.
FOPC support price is $24.98 and resistance is $25.17 (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 FOPC shares will trade within this expected range on the day.