About the Fund
The Revere Sector Opportunity ETF (RSPY) is actively managed and seeks capital appreciation.
RSPY aims to solve a common problem: diversification. While the fund will only be invested in up to 11 securities at a time, the shares that underly those other ETFs span the 11 economic sectors that comprise SPX and are among the most liquid and actively traded stocks and are contained in one package. Advantages include professional management, tax efficiency, lower transaction and management costs, and transparency.
This is one of the first actively managed funds focused on the S&P 500 Index that is not a mutual fund, and can be purchased or sold throughout the trading day. It is our belief that the use of such a vehicle can result in higher investment returns and lower downside risk.
Disclaimer: Diversification does not assure a profit nor protect against loss in a declining market.
|Fund Name||Revere Sector Opportunity ETF|
|Primary Exchange||NYSE Arca|
|Market Closing Price||$25.00|
|Fund Inception Date||08/24/2021|
|Number of Holdings||11|
|Gross Expense Ratio||1.15%|
|30 Day Median Bid-Ask||0.29%|
|Management Style||Actively Managed|