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PRIMECAP plans Wednesday launch of first ETF, POMG, at 0.68%

The PRIMECAP Odyssey Discovery ETF will trade on NYSE Arca and aims to beat the Russell Midcap Growth Index over three to five years, per its prospectus.

By The Active DeskThursday, October 22 at 11:31 AM ET

At a glance

15-second brief

PRIMECAP plans to list its first ETF, the PRIMECAP Odyssey Discovery ETF, on Wednesday, with the mid/small-cap fund charging 0.68% and trading on NYSE Arca.
At 0.68%, every $100 million in assets would generate about $680,000 in annual fees; every $1 billion would generate about $6.8 million.

PRIMECAP plans to list its first ETF, the PRIMECAP Odyssey Discovery ETF, on Wednesday, with the mid/small-cap fund charging 0.68% and trading on NYSE Arca. The fund, ticker POMG, aims to beat the Russell Midcap Growth Index over three to five years, according to its prospectus.

At 0.68%, every $100 million in assets would generate about $680,000 in annual fees; every $1 billion would generate about $6.8 million.

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Provided coverage item on PRIMECAP POMG launch · Provided coverage items on Nasdaq listings

In this storyCHAT PRIMECAP Odyssey Discovery ETF (POMG)PRIMECAP Odyssey Discovery ETF NYSE Arca THNQ RBC Capital Markets Jane Street PRIMECAP

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PRIMECAP plans Wednesday launch of first ETF, POMG, at 0.68%

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PRIMECAP plans Wednesday launch of first ETF, POMG, at 0.68%

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Continue this analysis

Fidelity survey: European allocators expect active ETF allocation to reach 14.6% in 18 months

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Options-based ETFs near $400bn as derivative income takes two-thirds of flows

Nvidia in talks to invest in Firmus after neocloud scrapped its IPO

Ameriprise adds three RBC teams with $1.2 billion; Wells Fargo adds $900 million

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