Morningstar Growth Etf Net Asset
| GETFX Fund | USD 12.66 0.25 2.01% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Morningstar Growth's long-term financial health and intrinsic value.
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Morningstar Growth Etf Mutual Fund Net Asset Analysis
Morningstar Growth's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Morningstar Growth Net Asset | 196.53 M |
Most of Morningstar Growth's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Morningstar Growth Etf is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Morningstar Growth Etf has a Net Asset of 196.53 M. This is 78.3% lower than that of the Category family and 78.3% lower than that of the Family category. The net asset for all United States funds is 95.22% higher than that of the company.
Morningstar Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Morningstar Growth's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Morningstar Growth could also be used in its relative valuation, which is a method of valuing Morningstar Growth by comparing valuation metrics of similar companies.Morningstar Growth is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Morningstar Growth
The fund consists of 70.75% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Morningstar Growth's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Morningstar Fundamentals
| Annual Yield | 1.13 % | |||
| Year To Date Return | 16.54 % | |||
| One Year Return | (0.46) % | |||
| Three Year Return | 16.09 % | |||
| Five Year Return | 0.42 % | |||
| Net Asset | 196.53 M | |||
| Last Dividend Paid | 0.7 | |||
| Holdings Turnover | 19.00 % | |||
| Cash Position Weight | 3.53 % | |||
| Equity Positions Weight | 70.75 % | |||
| Bond Positions Weight | 22.47 % |
About Morningstar Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Morningstar Growth Etf's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Morningstar Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Morningstar Growth Etf based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Morningstar Growth financial ratios help investors to determine whether Morningstar Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Morningstar with respect to the benefits of owning Morningstar Growth security.
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