Frequently Asked Questions
What does the fund seek to accomplish?
The Revere Sector Opportunity ETF (RSPY) is actively managed and seeks capital appreciation.
When did RSPY start trading?
August 24th, 2021
Does RSPY track an index?
No, RSPY is actively managed.
Why is RSPY Actively Managed?
The market is rapidly changing and the portfolio management process, we believe, needs to reflect the dynamic nature of today’s marketplace. In our opinion, a rules-based and index approach is too constraining in order to deliver the type of returns we expect for this thematic portfolio.
What is the Annual Operating Expense for RSPY?
The Annual Operating Expense for RSPY is 1.15%.
The Management Fee is 0.95%.
What type of orders can I use when trading RSPY?
While a limit order is the more conservative approach, it may take longer for your order to get filled and it may possibly be executed depending on market prices. If you have specific questions about a larger order size, please feel free to contact us.
About Revere Wealth Management
Revere Wealth Management serves as the Sub-Advisor to the Revere Sector Opportunity ETF (NYSE: RSPY). They service ultra-high net worth families, corporate executives, small and mid-sized businesses, pensions, endowments, hedge funds and family foundations. Revere utilizes elite fintech providers to ensure they lead with the client experience first and foremost. Their industry‐leading data aggregation and reporting capabilities enable them to manage their client’s wealth holistically, to build long‐lasting, trusted relationships. Their most important goal is to help clients achieve their objectives, providing guidance that helps their wealth do more for them.