About IPO ETF
Overview: IPO offers access to the newest, most significant U.S. listed companies after they go public by adding a new company to its basket within 90 days of listing and removing a firm after two years of public trading. The resulting portfolio complements the overall equity market, as its weighted average market cap will ordinarily be far smaller, and its constituents may not be included in major indexes for a few months. The small number of eligible securities can make for a concentrated portfolio. Index constituents have a 10% issuer cap and are reviewed quarterly About the Fund Manager Renaissance Capital is an emerging and frontier markets focused investment bank founded in 1995 in Russia. As of 30 June 2020, the Firm’s total assets and equity amounted to $3.7bn and $445mn, respectively, and reported 1H20 net profit was $14.4mn. Recommended for: Growth
Returns
| Performance | YTD | 1Y | 3Y | 5Y |
|---|---|---|---|---|
| Renaissance IPO ETF | -5.64% | 125.12% | 28.42% | 27.12% |
Asset Class
Asset type breakdown
IPO Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Zoom Video Communications, Inc | 9.86% | |
| Uber Technologies, Inc | 9.71% | |
| CrowdStrike Holdings, Inc | 5.86% | |
| Pinterest, Inc | 5.68% | |
| Peloton Interactive, Inc | 5.40% | |
| Slack Technologies, Inc | 4.25% | |
| Lyft, Inc | 3.40% | |
| Royalty Pharma plc | 2.95% | |
| Avantor, Inc | 2.91% | |
| Datadog, Inc | 2.52% |
IPO Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Technology | 41.10% | |
| Communication Services | 22.85% | |
| Consumer Cyclicals | 12.62% | |
| Healthcare | 11.41% | |
| Financial Services | 3.89% | |
| Consumer Defensive | 3% | |
| Basic Materials | 2.93% | |
| Real Estate | 1.33% | |
| Industrials | 0.87% |
IPO Countries
| Countryi | % of market value | |
|---|---|---|
| North America | 88.86% | |
| Asia Emerging | 6.49% | |
| Europe Developed | 2.02% | |
| Latin America | 1.53% | |
| Asia Developed | 1.09% |
Projected Returns
Returnsbased on historic SIP returns of 19.05% per annum
IPO Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | IPO | |
| Exchange | ARCX |
| Asset class | Equity |
IPO Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.6 | i |
| Beta | 1.32 | i |
| Valuations Rates Portfolio PE | 59.60091 | i |
| 3 Year Standard Deviation | 30.67 | i |
