ACVF reiterates its call to boycott Bank of Un-America(n) due to its ongoing hostility towards conservative values.

WASHINGTON, DC

April 22nd, 2024

Today, the American Conservative Values ETF (NYSE: ACVF reaffirmed its long standing “Refuse to Buy” rating on Bank of America. (BAC). Compelled to act by its alleged closing of customers’ accounts based on their political views as well as undercutting the firearms industry. Imploring political conservative investors to fight back with their hard-earned investing dollars. “It’s a moral imperative to stop and roll back the left’s takeover of corporate America,” stated ACVF -CEO and co-founder William Flaig “Giving conservative investors the power to fight back is why we built ACVF.” 

“Bank of America was one of our initial boycotts when we launched ACVF three and a half years ago. The were hostile to conservatives’ values then and have only gotten worse.” Stated ACVF president and co-founder Tom Carter “We definitely got this one right”.

Fighting the Suppression of Conservative Voices and Services within Big Tech, social media & banking is a major focus of ACVF. 

ACVF strongly believes the economic tool of denying companies capital is a powerful and immediate impetus for management to focus on business. ACVF refuses to invest in the company’s most at risk to the “woke/liberal agenda” and what we believe is a wasteful misallocation of investors’ capital.

“We must hold companies accountable for their actions. We need to vote with our wallets and deny them access to the capital they need. ACVF is currently refusing to invest in 36 such companies,” stated Carter. “I’m proud to offer an alternative to the S&P 500*, which currently keeps 28 cents of every invested dollar from these companies.”

Tom Carter reiterated, “We do not want to give the companies that are eagerly working to destroy conservative values our hard-earned investment dollars, and neither should you. Companies like Walt Disney, Blackrock, Google, Amazon, and others.”

To further hold banks that we own accountable we have submitted shareholder proposals requesting a report on the risks of politicized de-banking to Wells Fargo (WFC) and Morgan Stanley (MS) both of which are opposed by their management.

Links

Factsheet
InvestConservative.com
30sec Video
Fund Material

*The S&P 500® is a broad-based unmanaged index, which is widely recognized as representative of the equity market in general.

The American Conservative Values ETF (ACVF) is based on the conviction that politically active companies negatively impact their shareholder returns, as well as support issues and causes which conflict with our conservative political ideals, beliefs and values.

About ACVF

*The S&P 500® is a broad-based unmanaged index, which is widely recognized as representative of the equity market in general.

* As of 4/22/2024 the fund holds 0.00% of Disney, Blackrock, Google and Amazon. The fund’s holdings are subject to change. For current holdings, please visit https://acvetfs.com/fund/etf-fund/#holdings

* The 36 companies that are currently excluded from their portfolio represent 25% of the S&P 500.

* For current holdings, fund factsheet and more information, please visit www.acvetfs.com

To schedule an interview with Mr. Flaig or Mr. Carter, please contact Michael Tammero at:

Mtammeromba@gmail.com or 516 551-1549 

www.InvestConservative.com

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.

SOURCE: American Conservative Values ETF

American Conservative Values ETF