The Frontier Economic Fund (AKAF)

The Frontier Economic Fund (AKAF) is an exchange-traded fund in the Global Large Stock Blend category. It has $3.32M in assets, an expense ratio of 0.20% and a 3.44% dividend yield. The fund manager employs a “passive management” - or indexing - investment approach designed to track the performance of the index. The index identifies and selects companies for inclusion using criteria designed to evaluate the extent of a company’s business activities connected to Alaska, including involvement in the state’s economic development, use of the state’s natural resources, having a local operational presence, and/or participation in Alaskan government-related initiatives. The fund…