TMFG: High-Conviction Global Strategy With A High Fee And Mixed Results
TMFG is an actively managed ETF with a focus on "high-quality businesses" in the U.S. and overseas. At this point, it is overweight in U.S. equities, with exposure to developed (i.e., the UK, Canada, etc.), emerging, and frontier markets. TMFG was converted to an ETF in December 2021, and since then, its returns have been hardly convincing as it has underperformed VT, ACWI, and IVV.
