FormulaFolios US Equity Fund Investor Class
FFIOX
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
FRC
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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
- Northern Lights Fund Trust II (Ascentia) United States of America
- IPO Date
- Jan 2, 2019
- CIK
- 0001518042
- Similar Companies
- Business
- FormulaFolios US Equity Fund Investor Class (FFIOX) is an open-end mutual fund that primarily invests in equity securities of large U.S. companies within the large blend category; it seeks long-term capital appreciation through a diversified portfolio of common stocks from established firms across various sectors. The fund offers Investor Class shares with a ticker symbol FFIOX, complemented by an Institutional Class (FFILX), and forms part of the broader FormulaFolios suite of investment strategies managed through algorithmic money management to reduce emotional biases in decision-making; additional offerings from the fund family include flexible income ETFs, tactical asset allocation models, and customized portfolio solutions for financial advisors. FormulaFolios, the fund family sponsor and investment adviser headquartered in Grand Rapids, Michigan, with an additional office in Costa Mesa, California, was founded in 2011 and targets individual investors, nonprofits, corporate retirement plans, and registered investment advisors serving retirement-focused clients nationwide. In July 2020, FormulaFolios merged with Brookstone Capital Management, a fellow turnkey asset management platform (TAMP), to form a combined entity managing over $6.5 billion in assets under the Brookstone name while retaining the FormulaFolios brand for its asset management division; this strategic alliance enhanced technology platforms, investment options, advisor support, and marketing resources for retirement advisors. The FFIOX fund itself launched on December 17, 2015, and as of recent data maintains net assets of approximately $70 million, operating exclusively within the U.S. market through the Northern Lights Fund Trust IV structure in Omaha, Nebraska. No major funding rounds, new product launches, or further acquisitions have been reported for FormulaFolios or FFIOX in the last 1-2 years, with the firm continuing to emphasize its quantitative strategies post-merger.