As we move into the second quarter of 2023, we are excited to invite you to view our webinar – Time for Quality: Choosing the Right Approach in Today’s Market.
This webinar is an excellent opportunity for you to learn about the Free Cash Flow Quality Model (FCFQM) our flagship ETFs: The FCF US Quality ETF (TTAC) and The FCF International Quality ETF (TTAI), and The FCF Institute.
The webinar took place on Thursday, April 20th at 1 PM EST, and lasted for approximately 30 minutes. We welcome your participation and encourage you to invite your colleagues who may be interested in this topic.
Free Cash Flow (FCF) represents the cash that a company is able to generate after accounting for capital expenditures.
Basis points – one hundredth of 1 percentage point.
ROA – metric that indicates a company’s profitability in relation to its total assets.
ROE – measure of the profitability of a business in relation to the equity.
Beta – measure of the volatility—or systematic risk—of a security or portfolio compared to the market as a whole.
Alpha – measure of the active return on an investment, the performance of that investment compared with a suitable market index.
Information ratio – measures and compares the active return of an investment compared to a benchmark index relative to the volatility of the active return.
S&P500 – Standard and Poor’s 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States.
Russell 1000 – stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index.
Russell 2000 – Index is a small-cap U.S. stock market index that makes up the smallest 2,000 stocks in the Russell 3000 Index.
The Russell 3000® Index measures the performance of the 3,000 largest publicly traded U.S. companies, based on market capitalization. The Index measures the performance of approximately 98% of the total market capitalization of the publicly traded U.S. equity market. It is not possible to invest directly in an index. Free cash flow is the cash that a company has available after subtracting operating expenditures and accounting for future organic growth. Upside/Downside Ratio is a technical indicator that shows the relationship between the volumes of advancing and declining issues on an exchange. Returns‐based style analysis is a statistical technique used in finance to deconstruct the returns of investment strategies using a variety of explanatory variables. The model results in a strategy’s exposures to asset classes or other factors, interpreted as a measure of a fund or portfolio manager’s style.
The MSCI All Country World Index ex USA is a market-capitalization-weighted index maintained by Morgan Stanley Capital International (MSCI). It is designed to provide a broad measure of stock performance throughout the world, with the exception of U.S.-based companies. The MSCI ACWI Ex-U.S. includes both developed and emerging markets.