Madison US Mid Cap ETF (MMID)
A high-quality, concentrated mid cap portfolio of industry-leading companies with strong growth prospects.
Objective and Strategy
The Mid Cap ETF pursues its objective of long-term capital appreciation by investing in common stocks, securities convertible into common stocks, and related equity securities of mid-size and smaller companies whose market capitalization typically ranges from US$500 million to US$70 billion. The ETF seeks attractive long-term returns through bottom-up security selection based on fundamental analysis in a diversified portfolio of high-quality companies with attractive valuations.
Why Madison US Mid Cap ETF (MMID)
- High-quality, concentrated portfolio of 25-40 stocks with high active share.
- All-weather portfolio that focuses on risk management and seeks downside protection.
- Bias toward strong franchises and owner/operators.
- Long-tenured management.
Key Highlights (As of Friday August 14, 2026)
Ticker |
MMID |
Exchange |
TSX |
NAV($) |
20.41 |
NAV Change($) |
-0.11 |
NAV Change(%) |
-0.56% |
Total Net Assets($) |
1,020,742 |
Currency |
CAD |
Management Fee (%), Annual Rate, Plus Applicable GST/HST |
0.60 |
CUSIP |
55843F200 |
Inception Date |
July 06, 2026 |
Benchmark(s) |
Russell Midcap |
High Conviction Approach
Portfolio Highlights
Top Ten Fund Holdings (As of 07/31/26)
ARCH CAPITAL GROUP LTD |
7.20% |
PACCAR INC |
3.58% |
ROSS STORES INC |
5.59% |
LABCORP HOLDINGS INC |
3.55% |
AMPHENOL CORP CL A |
4.77% |
LIBERTY MEDIA CORP FORMULA C |
3.51% |
BROWN + BROWN INC |
3.90% |
MEDPACE HOLDINGS INC |
3.51% |
CARLISLE COS INC |
3.89% |
CANADIAN DOLLAR |
3.38% |
Index returns are shown for comparative purposes only. Indexes are unmanaged and their returns include reinvestment of dividends, if applicable, but do not include any sales charges or fees as such costs would lower performance. It is not possible to invest directly in an index.
Regulatory restrictions limit publishing performance returns for funds or portfolios with a history of less than one year.
Russell Midcap® Index is a mid-cap market index which measures the performance of the mid-cap segment of the U.S. equity universe.
Russell Investment Group is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell® is a trademark of Russell Investment Group.
Madison Investments (Canada) Ltd. has appointed its affiliate, Madison Asset Management, LLC (MAM), as sub-advisor to the ETF.