Trenchless Fund ETF (RVER)
ARCA ARCA Primary Summary
RVER Chart
RVER: Can This New Active GARP ETF Deliver On Its Bold Objective?
This article initiates my coverage of the Trenchless Fund ETF by River1 Asset Management. RVER is actively managed with a 0.65% ER and typically holds only 12-25 stocks. Growth-at-a-reasonable-price is the main objective. RVER's managers select from a wide universe of stocks and have created a portfolio featuring twice the growth of SPY trading at the same valuation. However, RVER's current selections are extremely volatile, evidenced by the portfolio's 1.36 weighted average five-year beta. Their margins are also relatively weak, suggesting quality is not a key focus.
Trenchless Fund ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 143 | $4,204.62 | $4,814.67 | $610.05 | 14.51% |
Trenchless Fund ETF (RVER) FAQ
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Trenchless Fund ETF Profile
| ARCA Exchange | US Country |
Overview
River1 Asset Management LLC is an investment management firm focusing on achieving capital appreciation by actively managing a fund that strives to outperform the S&P 500® Index. By identifying securities with an above-average likelihood of outperforming over all time horizons, River1 Asset Management employs a strategic approach to investment, targeting the entire universe of U.S. listed equity securities. The firm operates on the principle of non-diversification, concentrating on maximizing growth potential through a select portfolio of securities.
Products and Services
River1 Asset Management LLC offers an investment fund designed for investors seeking capital growth by outperforming the S&P 500® Index. Below are the key features of this investment opportunity:
- Actively Managed Fund: The core product is an actively managed fund that aims for capital appreciation. By investing in U.S. listed equity securities believed to have a high probability of outperforming the S&P 500® Index, the fund offers a strategic investment solution for growth-oriented investors.
- Investment Strategy: The investment strategy centers on selecting securities with above-average outperformance potential over all time horizons. This broad approach enables the fund to scout the entire market for opportunities, without being restricted to specific sectors or industries.
- Non-Diversified Fund: As a non-diversified fund, River1 Asset Management focuses on a concentrated portfolio of investments. This strategy aims to provide significant growth potential by investing more heavily in fewer securities, rather than spreading investments thinly across a wide range of assets.
