Akre Focus ETF (AKRE) Stock Price, Quote, News & History | Benzinga

The Portfolio seeks to achieve its objective the Fund invests primarily in securities of companies listed on U.S. stock exchanges. Investments consist primarily of common stocks of companies of any size market capitalization. The Fund may also invest in preferred stocks, warrants, options, and other equity-like instruments, such as partnership interests, limited liability company interests, business trust shares and rights, Real Estate Investment Trusts (REITs), and other securities that are convertible into equity securities. The Fund may invest up to 35 percent of its total assets in securities issued by foreign issuers, including in American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), Global Depositary Receipts (GDRs), and directly in foreign equity securities. Additionally, the Fund may participate in securities lending arrangements of up to 33 1/3 percent of its total asset value with brokers, dealers, and financial institutions (but not individuals) in order to increase the return on its portfolio. The Fund may, from time to time, have significant exposure to one or more sectors of the market.