Emerald Growth Fund
FFGRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- P.O. Box 328 Denver CO United States of America 80201-0328
- IPO Date
- Jan 2, 2020
- CIK
- 0000915802
- Website
- emeraldmutualfunds.com
- Similar Companies
- Business
- Emerald Growth Fund (FFGRX) is an open-end mutual fund that seeks capital appreciation by investing primarily in equity securities, including common stocks, preferred stocks, and convertible securities, of small-cap growth companies defined as those with market capitalizations equal to or less than the largest company in the Russell 2000 Index; the fund may also invest in companies of various sizes across a wide range of industries, as well as other investment companies such as exchange-traded funds and affiliated ETFs like the F/m Emerald Life Sciences Innovation ETF. Portfolio holdings are diversified across sectors including healthcare (24.54%), technology (24.15%), industrials (19.08%), and financial services (15.35%), with top positions in companies such as Credo Technology Group Holding Ltd, Kratos Defense & Security Solutions Inc, Palomar Holdings Inc, and Chart Industries Inc; the fund maintains approximately 99% allocation to U.S. stocks and targets the small growth category. Managed by a team including Kenneth Mertz (since 1992), Stacey Sears (since 2002), and Joseph Garner (since 2006), the fund features a net expense ratio of 1.14%, minimum initial investment of $2,000 for Investor Class shares, and total net assets of $943.43 million as of recent data. The fund, part of the Emerald family advised by Emerald Mutual Fund Advisers Trust—a subsidiary of Emerald Advisers, LLC founded in 1992 and headquartered in Leola, Pennsylvania—operates from offices in Leola and King of Prussia, Pennsylvania, with investor services addressed to Kansas City, Missouri; it is available for sale in the United States and priced daily. In a major strategic reorganization approved by the Board of Trustees of Financial Investors Trust on April 17, 2025, the Emerald Growth Fund is proposed to transfer all assets and liabilities to a newly created series of the same name within The RBB Fund, Inc., a Maryland corporation, in exchange for corresponding shares across Class A, Class C, Institutional, and Investor classes, followed by pro rata distribution to shareholders and liquidation of the existing series; the special shareholder meeting originally scheduled for September 11, 2025, was adjourned to reconvene on September 25, 2025, with the transaction expected to close in the fourth quarter of 2025 if approved. This reorganization, recommended by adviser Emerald to achieve lower operating expenses—including a reduced advisory fee from 0.75% (with breakpoints) to 0.70% (with revised breakpoints), updated service providers such as U.S. Bank N.A. for custody and Quasar Distributors for distribution, and a shift to a new board—maintains identical investment objectives, strategies, policies, and portfolio management team while promising expense limitation through at least December 31, 2026, and no tax consequences or sales/redemption fees for shareholders. Emerald anticipates enhanced attractiveness to investors, potential asset growth, and long-term cost efficiencies from the move to RBB's structure.