First Eagle Mid Cap Equity ETF (FEMD)

First Eagle Mid Cap Equity ETF (FEMD) is an exchange-traded fund in the Mid Cap Value category. It has $3.45M in assets and an expense ratio of 0.55%. The fund is an actively managed exchange-traded fund (“ETF”) and invests, under normal circumstances, in equity securities of U.S. mid-cap companies in an attempt to take advantage of what the Adviser believes are opportunistic situations for undervalued securities. Normally, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the equity securities of U.S. mid-cap companies.