First Republic Founders Index
To learn more about the FRC Founders Index FundSM (FNDRX), click here.
The First Republic Founders IndexSM is an equity benchmark of more than 400 publicly traded companies (1) in which the founder or founders are actively involved and a key influence in its strategy. Active involvement is defined as the founder or founders serving in a key executive role and/or on the company’s board of directors.
As a founder-led firm, First Republic has first-hand experience in understanding the strength of the entrepreneur’s focus on client satisfaction, culture, and longer-term results.
The First Republic Founders IndexSM is intended to track founder-influenced companies that display certain consistent characteristics including:
- Ability to move quickly and innovate
- Commitment to client satisfaction
- Focus on culture
- Long-term view of the business
By applying a rules-based, equal-weighted approach, the First Republic Founders IndexSM is designed to capture these characteristics of founder-influenced success.
Link to full press release.
- As of July 16, 2020, the First Republic Founders Index included 455 companies.
The Index commenced on October 7, 2019 and has limited performance history. It is uncertain how it will perform over longer time periods. Any retrospective closing levels are simulated based on a rules-based approach only. Past performance should not be considered indicative of future performance. This information is not an offering, solicitation or recommendation for any security nor does it constitute an offer to provide investment advisory or other services. It is not possible to invest directly in an unmanaged index without fees or expenses.
As of market close on: October 29, 2020