Ticker SymbolIPO
Asset ClassEquity
Fund ManagerRenaissance
DomicileUS
Expense Ratio0.60%
Founded at2013-10-14
Tracking IndexFTSE Renaissance IPO Index
IPO was created on 2013-10-14 by Renaissance. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 144.04m in AUM and 55 holdings. IPO tracks a market cap-weighted index of recent US-listed IPOs. The fund acquires issues within three years of an IPO and sells after the three year period.