Eventide Exponential Technologies Fund
ETIEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Willow Grove, PA19090 OH United States of America
- IPO Date
- Jun 30, 2020
- CIK
- 0001355064
- Website
- eventideinvestments.com
- Similar Companies
- Business
- Eventide Exponential Technologies Fund (ETIEX) is a mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in companies participating in and benefiting from exponential technologies, innovations, and trends, primarily in information technology, communications, internet and direct marketing retail, healthcare technology and devices, e-commerce discretionary, and transaction and payment processing services. The fund employs a highly concentrated, non-diversified approach, holding 25-75 securities with a median market capitalization of $20.5 billion as of September 30, 2025, and top holdings including Xometry Inc. (AI-enabled marketplace for on-demand manufacturing), Flex Ltd. (technology-driven electronics and supply chain solutions), Intuit Inc. (financial management software), Toast Inc. (cloud software for restaurants), ServiceNow Inc. (enterprise workflow automation software), Constellation Software Inc. (mission-critical software for small- and medium-sized businesses), Axon Enterprise Inc. (law enforcement technology and devices), Nutanix Inc. (cloud computing and hybrid multi-cloud software), CyberArk Software Ltd. (identity security solutions), and Credo Technology Group (high-speed connectivity solutions); it may also invest up to 15% in illiquid securities. Launched on June 30, 2020, and domiciled in the United States, the fund is managed by Eventide Asset Management LLC, headquartered in Boston, Massachusetts, with total net assets of approximately $103.82 million as of the latest reporting and an expense ratio of 1.43% for Class I shares. Geographically, the portfolio is predominantly U.S.-focused (81.98% allocation), with additional exposure to non-U.S. stocks (14.21%) across regions including the Middle East, Eurozone, and Canada; sector allocations emphasize technology (77.18%), followed by consumer cyclical, healthcare, industrials, and financial services. Recent developments include the appointment of Finny Kuruvilla, MD, PhD, as lead manager effective July 16, 2024, and the addition of Darric White as co-portfolio manager effective July 1, 2025, enhancing the fund's leadership in its technology-focused strategy.