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About Macquarie ETF Trust Macquarie Focused Large Growth ETF
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Inception date
May 14, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Macquarie Investment Management Business Trust
LRGG focuses on large-capitalization US companies with strong growth potential, aiming to benefit from quality-driven stock selection while maximizing long-term growth opportunities. Stock selection targets companies with durable competitive advantages, employing a bottom-up qualitative approach. Factors considered include brand loyalty, proprietary technology, cost structure, ROC, management quality, and industry dynamics. Additionally, quantitative metrics evaluating profitability, capital intensity, capital allocation measures, cash flow, and valuation are blended into the selection process. This approach identifies approximately 100 companies forming the Issuers definition of a Franchise Growth Universe, from which the fund typically selects 15 to 25 companies. Positions may be sold in response to shifts in industry dynamics, loss of competitive edge, ineffective management, or limited upside potential.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.53%
Technology Services35.84%
Electronic Technology20.15%
Finance15.33%
Retail Trade7.43%
Consumer Non-Durables5.11%
Industrial Services4.57%
Consumer Durables3.03%
Commercial Services2.87%
Health Technology2.61%
Health Services2.60%
Bonds, Cash & Other0.47%
Corporate0.45%
Cash0.02%
Stock breakdown by region
North America95.08%
Europe4.92%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LRGG invests in stocks. The fund's major sectors are Technology Services, with 35.84% stocks, and Electronic Technology, with 20.15% of the basket. The assets are mostly located in the North America region.
LRGG top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 13.97% and 10.61% of the portfolio correspondingly.
LRGG assets under management is 237.01 M USD. It's risen 37.61% over the last month.
LRGG fund flows account for 221.65 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LRGG pays dividends to its holders with the dividend yield of 0.13%. The last dividend (Dec 30, 2024) amounted to 0.04 USD. The dividends are paid annually.
LRGG shares are issued by Macquarie Group Ltd. under the brand Macquarie. The ETF was launched on May 14, 2024, and its management style is Active.
LRGG expense ratio is 0.44% meaning you'd have to pay 0.44% of your investment to help manage the fund.
LRGG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LRGG invests in stocks.
LRGG price has risen by 3.99% over the last month, and its yearly performance shows a 9.80% increase. See more dynamics on LRGG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.55% over the last month, showed a 3.22% increase in three-month performance and has increased by 0.25% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.55% over the last month, showed a 3.22% increase in three-month performance and has increased by 0.25% in a year.
LRGG trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.