Motley Fool Next Index ETF (TMFX)

Motley Fool Next Index ETF (TMFX) is an exchange-traded fund in the Mid Cap Growth category. It has $35.05M in assets, an expense ratio of 0.50% and a 0.04% dividend yield. The index was established by TMF in 2021 and is a proprietary, rules-based index designed to track the performance of mid- and small-capitalization U.S. companies that have been recommended by TMF’s analysts and newsletters. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.