All-Cap Equity

All-cap equity funds and ETFs invest their assets across companies with a... All-cap equity funds and ETFs invest their assets across companies with a range of market capitalizations. These funds can be actively or passively managed, and can invest across a range of sectors. Some funds focus on a particular strategy or industry (dividends or cleantech, for example), while others may prefer value over growth stocks, or vice versa. The allure of these funds is that they tend to be reasonably unconstrained in terms of where they invest. Unlike a dedicated large-cap fund, for instance, an all-cap fund is free to invest in companies no matter their size. This can be particularly useful when a given segment of the market is deemed to be either very inexpensive or very pricey. Despite the name of these funds, their overall holdings may still have a certain kind of profile. For example, the average market capitalization of an all-cap fund’s holdings may retain a mid-cap profile, even if it’s not a dedicated mid-cap fund. Additionally, the market cap profile of a particular fund can change over time depending on the fund manager’s conviction or due to a change in the investment mandate of the fund. These funds can be appropriate (depending on their holdings) for both conservative and aggressive investors alike. Last Updated: 01/24/2025 View more View less

All-cap equity funds and ETFs invest their assets across companies with a range of market capitalizations. These funds can be actively or passively managed, and can invest across a range of sectors. Some... All-cap equity funds and ETFs invest their assets across companies with a range of market capitalizations. These funds can be actively or passively managed, and can invest across a range of sectors. Some funds focus on a particular strategy or industry (dividends or cleantech, for example), while others may prefer value over growth stocks, or vice versa. The allure of these funds is that they tend to be reasonably unconstrained in terms of where they invest. Unlike a dedicated large-cap fund, for instance, an all-cap fund is free to invest in companies no matter their size. This can be particularly useful when a given segment of the market is deemed to be either very inexpensive or very pricey. Despite the name of these funds, their overall holdings may still have a certain kind of profile. For example, the average market capitalization of an all-cap fund’s holdings may retain a mid-cap profile, even if it’s not a dedicated mid-cap fund. Additionally, the market cap profile of a particular fund can change over time depending on the fund manager’s conviction or due to a change in the investment mandate of the fund. These funds can be appropriate (depending on their holdings) for both conservative and aggressive investors alike. Last Updated: 01/24/2025 View more View less