The ETF That's 'in Tune' With the Frontier Markets

The video tutorial introduces FM, an investment option for those interested in frontier markets, which are less established than emerging markets. It highlights the potential for high growth but also high risk. FM's holdings are mainly small caps, with significant investments in countries like Kuwait and Vietnam. Since its 2012 launch, FM has underperformed the MCI Frontier Markets Index but has improved recently. It manages $500 million in assets with a 79 basis point expense ratio and is rated with a yellow light by Bloomberg Intelligence due to liquidity concerns.

How has FM performed compared to the MCI Frontier Markets Index since its launch?

What is the expense ratio of FM and what does it indicate?