2ndVote Funds Launches First and Only Socially Conservative ETFs
Empowering Shareholders, Disrupting Stakeholder Capitalism
Nashville, TN – 2ndVote Funds, provider of socially conservative investment products, announced the launch of two actively managed ETF’s, with a third investment product coming soon.
- Society Defended ETF (CBOE: EGIS)—defending the 2nd Amendment and Border Security,
- Life Neutral Plus ETF (CBOE: LYFE)—Protecting Life
- Coming Soon: Protecting the 1st Amendment
2ndVote Funds is the first and only investment company offering socially conservative investment products that allow Libertarians, conservative Americans, Reagan democrats and people of faith to align their values with their investments.
The Funds invest in companies that do not dilute shareholder value to pursue a social agenda that does not align with the values of many Americans.
“2ndVote Funds is an investment company that offers ETFs to investors who don’t want their money being invested in companies that force activist agendas on their shareholders and customers. We believe in achieving wealth without compromising principal values or deeply held beliefs,” says Daniel Grant, Co-Founder and CEO.
“It should not be the purview of a company, but rather that of an individual, to make decisions regarding charitable giving and which social justice causes to support. We are the first and only investment company of its kind and we are excited about this new venture,” Grant continued.
Since 2012, 2ndVote Inc. has been researching the quality, quantity, type, and extent of a corporations or organizations social activism. The research is then used to score companies on a scale of 1.0 (liberal) to 5.0 (conservative) with 3.0 indicating neutral. This score informs consumers on how corporations use their money and how it’s used after it is spent.
As a result, companies included in each ETF’s portfolio have conservative or neutral policies and are believed to represent good long-term investments.
With the universe of the largest 1500 US stocks by market capitalization as a starting point, each company receives a score using 2ndVote Inc.’s proprietary social rating system from 1-5. All company’s that receive a “3” or greater social rating are then scored based on a Relative Dividend Yield metric as well as a Relative Price-to-Sales Ratio and included in the portfolios.
All actively managed ETF’s consist of a concentrated portfolio of 30-50 large-and-mid-capitalization stocks with an overweight to the highest conviction stocks.
About 2ndVote Funds
2ndVote Funds was co-founded by former Congressman Diane Black, David L. Black, Ph.D., and Daniel Grant. All 2ndVote Funds are committed to faith in America’s promise and shareholder capitalism, the economic model underpinning the U.S. economy, developed by economist Milton Friedman, that says that a company’s primary responsibility is to its shareholders and customers. Those who try to replace shareholder primacy and insert external stakeholders such as “society” or the “environment” into a company’s operations are committed to their own goals and interests and devalue the unprecedented contribution to society of a shareholder centric economic model.
2ndVote Funds are advised by 2nd Vote Advisers, LLC and sub-advised by Laffer Tengler Investments, Inc., each of which is a registered investment adviser.
2nd Vote Advisers has overall responsibility for the general management and administration of the Funds. 2ndvote Advisers offers a range of products and strategies including factor-based, conservative environmental social governance (CESG), actively managed, active index, alpha, customized beta as well as passive smart beta to the retail, high net worth and institutional investment community.
Important Investor Information:
The Funds’ investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the Funds which can be obtained by going to https://www.2ndvotefunds.com/. Please read it carefully before investing.
Risks: Investing involves risk. Principal loss is possible. Exchange-Traded Funds (ETFs) trade like stocks, are subject to investment risk, and will fluctuate in market value. Unlike mutual funds, ETF shares are not individually redeemable directly with the Fund, and are bought and sold on the secondary market at market price, which may be higher or lower than the ETF’s net asset value (NAV). 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 each Fund to achieve its objective will depend on the effectiveness of the portfolio manager. There is no assurance that the investment process will consistently lead to successful investing. When Scoring and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to securities being included in or excluded from the Fund’s portfolio that would have been excluded or included had the Scoring and Data been correct and complete. If the composition of the Scoring and Data reflects such errors, a Fund’s portfolio can be expected to reflect the errors, too. Because each Fund evaluates social criteria to assess and exclude certain investments for non-financial reasons, it may forego some market opportunities available to funds that do not use these factors. To the extent a Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors. Equity securities are volatile and can decline significantly in response to broad market and economic conditions.
The Funds are new with a limited operating history.
2ndVote Funds are distributed by Foreside Fund Services, LLC.