Fund for politically conservative investors outperformed the S&P 500 and raised more than $30 million in assets*
Washington, D.C. (October 31st, 2021) – American Conservative Values ETF (ACVF), a fund steering conservative investors away from companies deliberately funding or supporting liberal political objectives, celebrated a successful year of trading that has seen the fund’s assets grow from zero to more than $30 million, exceeding the founder’s expectations.
Founded in October 2020 by industry veterans Tom Carter and Bill Flaig, ACVF was created to help conservatives avoid companies that are either openly hostile to their values or are aggressively promoting the progressive political agenda at the expense of shareholders. Currently, ACVF boycotts 27 major companies that account for approximately 27 percent of the S&P 500. ACVF’s track record has validated market demand for products for politically conservative investors, allowing financial advisers to consider ACVF for their clients.
“As a long-time passionate conservative and professional investor, I have often been frustrated watching major corporations support causes that are antithetical to my conservative ideals, beliefs, and values. I was tired of investing in these companies. In response, we created this ETF to service fellow conservative investors” Mr. Flaig said.
While the boycotts have addressed concerns within the conservative community – such as suppression of conservative voices by big tech, CEOs engaging in political speech, and companies pushing the woke agenda – ACVF has proven its ability to balance advocacy with delivering large cap performance. Its $30 million in assets demonstrates that a conservative fund can effectively compete in a market dominated by well-established, left-leaning institutions.
Mike Akins, Founding Partner of ETF Action, an ETF research Firm said “ACVF surpassing $30 million in the first year is a noteworthy accomplishment. It shows there is a market for this type of product and gives the concept validity.”
“Conservative investors have found themselves alienated with limited choices as the corporate world becomes more and more willing to cater to the demands of the political Left. We wanted to solve that problem,” Mr. Carter said.
“Our guiding principle is that companies should not be involved at all in politics as it has a negative effect on their shareholders returns. We’ve striven this last year to keep our clients away from those companies while also maintaining performance and risk comparable to large cap Indexes. I’m proud to say we’ve achieved that and could not be more pleased that we’ve accomplished so much in so short a time.”
ACVF has been featured prominently in national media as its assets have increased. These include an appearance on Fox Business as well as stories in The Washington Examiner, The Washington Times, Townhall, Sinclair, The Philadelphia Inquirer, Newsweek, and Foxbusiness.com.
To schedule an interview with Mr. Carter or Mr. Flaig, please contact Will Hadden at firstname.lastname@example.org or call 703.739.5920
*Performance data vs. the S&P 500 is provided on ACVF’s fact sheet.
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, the Adviser’s investment decisions impact the Fund’s ability to achieve its investment objective. The Fund’s performance may be subject to investor sourced research and opinion risk which could result in investment choices that underperform the market generally.
ETF 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 4:00pm Eastern Time (when NAV is normally determined) and do not represent the return you would receive if you traded at other times. Brokerage commissions will reduce returns.
The ACVF Fund is distributed by Foreside Fund Services, LLC.