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LifeGoal Home Down Payment Investment ETF (HOM)

8.64 -0.00 (-0.02%)
At close: June 12 at 3:18 PM EDT

ETF Summary

The fund is designed to assist investors in saving for a home down payment, mortgage or rent budget or general home-related expenses or costs. Under normal market conditions, the fund will invest its assets within the following ranges: 60-95% of its assets in fixed income and cash and cash equivalents, 5-35% of its assets in equities, and 0-35% of its assets in a combination of underlying funds providing exposure to commodities, REITs and high yield debt securities. The adviser seeks to emphasize exposure to fixed income, in order to avoid excessive volatility of returns.

ETF Overview

Category Conservative Allocation
Fund Family lifegoalinvestments
Net Assets 1.28M
YTD Daily Total Return 3.75%
Yield 3.07%
Legal Type Exchange Traded Fund

ETF Operations

Attributes HOM Category Average
Annual Report Expense Ratio (net) 0.34% 1.01%
Holdings Turnover 0.00% 126.72%
Total Net Assets 35,568.84 35,568.84

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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