TNBIX 1290 SmartBeta Equity I Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Johnson & Johnson (NYSE:JNJ), Costco Wholesale Corp (NASDAQ:COST), Coca-Cola Company (NYSE:KO), Procter & Gamble Company (NYSE:PG), Home Depot (NYSE:HD).

The investment seeks to achieve long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in equity securities. It invests primarily in equity securities of U.S. companies and foreign companies in developed markets. The fund invests primarily in common stocks, but it also may invest in other equity securities such as preferred stocks, warrants, American Depositary Receipts and similar instruments.

The average market capitalization across the 1290 SmartBeta Equity I MF is 2.22T. The market cap for tickers in the group ranges from 331B to 4.86T. NVDA holds the highest valuation in this group at 4.86T. The lowest valued company is HD at 331B.

The average weekly volume growth across all stocks in the 1290 SmartBeta Equity I MF was 86%. For the same stocks of the MF, the average monthly volume growth was 46% and the average quarterly volume growth was -32%