ACVF Hits Target Corp - Divesting in Wake of Latest Woke Debacle - Seite 2
"Giving conservative investors the power to respond to such concerns is an example of why we built ACVF," said Tom Carter, adding that "the management team continually seeks to better understand politically conservative investors' sentiments and opinions as corporate reputations are impacted by news events and market performance."
"We must hold these companies accountable for their actions and insist on transparency. We need to vote with our wallets. Politically conservative consumers and investors have started to react, boycotting goods and services as well as denying them access to the capital they need. ACVF is currently refusing to invest in 34 such companies," said Flaig, adding, "I'm proud to offer an alternative to the S&P 500*, which currently keeps 25 cents of every invested dollar from these companies."
The final decision to boycott a company is qualitative. Fund management uses a weight-of-the-evidence approach that takes into consideration the company's standing reputation among political conservatives. Management evaluates their potential portfolio performance risk, economic sector, and reputation relative to peers. Typically, not one simple thing creates a reputation, but there is an event such as this that calls us to action.
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InvestConservative.com
Fund Material
About ACVF
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 that conflict with our conservative political ideals, beliefs, and values.
ACVF's priority is shareholder returns and providing an investment alternative for politically conservative investors. Simply put, ACVF seeks to boycott as many companies hostile to conservative values as possible without sacrificing performance. ACVF is designed to replace your current large-cap investments.
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To schedule an interview with Mr. Flaig or Mr. Carter, please contact them at:
wflaig@ridgelineresearch.com
301-685-7121
tcarter@ridgelineresearch.com
301-685-7122
www.InvestConservative.com
*The S&P 500® is a broad-based unmanaged index, which is widely recognized as representative of the equity market in general.
As of 5/24/2023 the fund holds 0.00% of Target, Anheuser-Busch, Disney, Meta, Blackrock, Google.
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.