FXO is an exchange-traded fund (ETF) that tracks the performance of the StrataQuant Financials Index. This index includes companies from the financial services sector that are selected using the AlphaDEX methodology. This methodology screens stocks based on fundamental growth and value factors, highlighting Freedom Holding’s appeal as a company with significant growth potential and robust investment fundamentals.
FRHC’s inclusion in the fund indicates a high evaluation of the company's business momentum, especially given its ongoing development of a comprehensive financial ecosystem. In recent months, Freedom Holding has significantly expanded its product range, strengthened its market presence, and continued to transform its platforms digitally. These initiatives, alongside strong financial performance, have led to an enhanced investment rating and a more robust position within the S&P index. International credit rating agency S&P Global Ratings has recently revised the outlook on Freedom Holding Corp.’s core operating subsidiaries from “Stable” to “Positive,” while affirming their credit ratings at ‘B+/B’. The revised outlook applied to Freedom Finance JSC, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC. The rating of the parent company, Freedom Holding Corp., was affirmed at ‘B-’ with a Stable outlook.
About Freedom Holding Corp.
Freedom Holding Corp. is an international financial and technology group listed on the Nasdaq (ticker: FRHC). The company offers investment, banking, insurance, and digital services through its integrated platform, Freedom SuperApp. The group operates in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC).
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