WASHINGTON, DC / ACCESSWIRE / September 3, 2024 / American Conservative Values ETF (ACVF), a fund designed for politically conservative investors, has surpassed $100 million in assets under management. This milestone demonstrates the growing demand for investment products aligned with conservative values.
"There are now one hundred million reasons why Kamala and friends will hate ACVF's success defending conservative values," stated ACVF's CEO and co-founder Bill Flaig "Unfortunately, a Harris victory will likely undue the conservative movements recent success with rolling back corporate DEI programs, in which ACVF's shareholders have played a big part"
ACVF, launched in October 2020, aims to provide investors with an alternative to traditional large-cap funds by avoiding companies that the fund's managers perceive as misaligned with conservative principles. The fund currently excludes approximately 27 percent of the S&P 500 companies from its portfolio.
"Reaching $100 million in assets is a significant achievement for ACVF," said Tom Carter, co-founder of ACVF. "It validates our belief that there's a strong market for investment products catering to conservative values while striving for competitive performance."
The fund's approach involves boycotting companies that, in the view of its' managers, actively promote progressive political agendas at the potential expense of shareholder value. ACVF currently excludes 37 such companies from its investment universe.
Tom Carter added that "ACVF was created to offer conservative investors an opportunity to align their portfolios with their principles. Our growth suggests that this approach resonates with many in the investment community."
ACVF has gained attention in the financial media, with features on Fox Business and coverage in publications such as The Washington Examiner, The Washington Times, and Newsweek.
Conservative investment fund divests from Tyson Foods over hiring migrants | Fox Business
American Conservative Values ETF president on staying clear of 'woke' businesses | Fox Business Video - Varney
Conservative ETF sells Target stock over 'woke' agenda | Fox Business
New Conservative Investment Fund ‘Boycotts' Companies with Liberal Agendas | The Epoch Times
New American Conservative Values ETF directs investors away from 'woke' companies | Fox Business
American Conservative Values ETF president on staying clear of 'woke' businesses | Fox Business Video - Varney
As ‘Woke' Businesses Face Right-Wing Wrath, Culture War Capitalists Cash In | Newsweek
Disney overtakes Meta as 'most woke' company in minds of conservative investors: Survey | Fox Business Video
The funds' managers emphasize their focus on companies they believe prioritize meritocracy and shareholder value. "We aim to avoid investing in companies that we perceive as putting political agendas ahead of financial performance," Flaig stated.
While ACVF has seen significant growth, potential investors should note that past performance does not guarantee future results. Investment decisions should be made based on individual financial situations and risk tolerances.
For more information about ACVF (Ticker: ACVF), including its investment approach and full list of holdings, please visit InvestConservative.com
About American Conservative Values ETF (ACVF)
The fund aims to provide an investment alternative for conservative investors seeking large-cap exposure while avoiding companies perceived as contradictory to their values.
About ACVF
Founded in 2020 by industry veterans Tom Carter and Bill Flaig, ACVF is an exchange-traded fund designed to reflect conservative political values in its investment strategy. ACVF is based on the conviction that politically active companies may negatively impact their shareholder returns, as well as support issues and causes which conflict with conservative political ideals, beliefs and values.
Key Points:
As of July 19, 2024, the fund holds 0.00% of Disney, Blackrock, Google, and Amazon.
The 37 companies currently excluded from the portfolio represent 28% of the S&P 500.
The fund's holdings are subject to change. For current holdings, please visit https://acvetfs.com/fund/etf-fund/#holdings
Note: The S&P 500® is a broad-based unmanaged index, which is widely recognized as representative of the equity market in general.
To schedule an interview with Mr. Flaig or Mr. Carter, please contact [Contact Information]
For current holdings, fund factsheet, and more information, please visit www.acvetfs.com
Important Information
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus and summary prospectus, which may be obtained by visiting ACVETFS.com. Read the prospectus and summary prospectus carefully before investing.
An investment in the Fund is subject to risks, including the possible loss of the principal amount invested. Overall stock market risks may affect the value of individual securities in which the Fund invests. The Fund is actively managed, and the adviser's investment decisions impact the Fund's performance. The Fund and adviser are new, and the ETF has only recently commenced operations. This Fund may not be suitable for all investors.
The equity securities in which the Fund invests will generally be those of companies with large market capitalizations. Exchange-Traded Funds (ETFs) trade like stocks, are subject to investment risk, and will fluctuate in market value. Transactions in shares of ETFs will result in brokerage commissions, which will reduce returns. Unlike typical exchange-traded funds, there are no indexes that the Fund attempts to track or replicate. Thus, the ability of the Fund to achieve its objectives will depend on the effectiveness of the portfolio manager. There is no assurance that the investment process will consistently lead to successful investing. The Fund is new and has a limited operating history.
The ACVF Fund is distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Ridgeline Research, LLC, the Fund's Investment Adviser.
The Fund is structured as an ETF and as a result, is subject to special risks. Shares are bought and sold at market price (closing price) not net asset value (NAV) and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 p.m. Eastern Time (when NAV is normally determined) and do not represent the return you would receive if you traded at other times.
Contact: William Flaig
Email: [email protected]
Phone number: (301) 685-7171
SOURCE: American Conservative Values ETF