Filings Digest
Two Research Affiliates ETFs will charge more, and Anthropic funds are effective but not trading

Score 40 out of 100
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
CA 25-to-35 stock growth portfolio run by DSM Capital Partners since 2009, now in an ETF shell. Conviction over coverage: the Russell 1000 Growth Index is the yardstick, not the blueprint.
The Fund seeks long-term capital appreciation. It invests at least 80% of its net assets in equity securities of large-capitalization issuers, using a bottom-up, idea-driven growth approach with a long-term investment horizon.
| Period | TLG |
|---|---|
| Year to date | |
| 1 month | −13.2% |
| 3 months | −6.3% |
| 1 year | |
| 3 years | |
| 5 years | |
| 10 years |
| Year | Return bar | TLG |
|---|---|---|
| 2026 YTD | +1.3% |
No distributions in the last 12 months.
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
Overpaying vs FELG, tied cheapest in US Active Growth
$9,325
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
TLG 0.67%
$13,074
FELG 0.18% Tied cheapest
$3,749
| Year | TLG | FELG | Overpaying |
|---|---|---|---|
| 10 | $1,198 | $328 | $870 |
| 20 | $4,568 | $1,281 | $3,287 |
| 30 | $13,074 | $3,749 | $9,325 |
Full fee 0.85% waiver 0.18% you pay 0.67%