Strive Asset Management Announces Launch of the Strive FAANG 2.0 ETF (NYSE: FTWO)
Offering Investors Exposure to Vital Sectors Amidst Changing Global Dynamics
COLUMBUS, Ohio--(BUSINESS WIRE)--Strive Asset Management (“Strive”), whose mission is to maximize shareholder value by leading companies to focus on excellence, launches its latest exchange-traded fund. The Strive FAANG 2.0 ETF (NYSE: FTWO) offers investors exposure to capture the projected growth within sectors essential for global stability, offering investors the option to tap into industries that sustain and secure the modern way of life.
FTWO seeks to track an index comprised of businesses operating within vital sectors that analysts project will play a pivotal role in the coming decade.1 These sectors – Fuel (F), Aerospace (A), Agriculture (A), Nuclear (N), and Gold (G) – hold strategic importance amidst rising global challenges.
Derived from FAANG 1.0, composed of tech stocks that thrived in a period of low inflation and quantitative easing programs, FAANG 2.0 seeks to adapt to today’s unique economic conditions. Strive believes the sectors that make up FAANG 2.0 will outperform growth sectors for the foreseeable future.
“Secular trends of higher inflation, deglobalization, and geopolitical tensions are likely to persist through the next market cycle. The Strive FAANG 2.0 ETF gives investors exposure to sectors poised to benefit from these secular trends,” said Matt Cole, Strive CEO & CIO.
Investors can learn more about FTWO at www.strivefunds.com/FTWO.
About Strive: Strive is an Ohio-based asset management firm whose mission is to maximize shareholder value by leading companies to focus on excellence. The firm competes directly with the world’s largest asset managers by offering funds that allow investors to maintain exposure to key asset classes while enjoying Strive’s pro-shareholder approach. Learn more at www.strive.com.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 855-427-7360 or visit our website at www.strivefunds.com. Read the prospectus or summary prospectus carefully before investing.
Investments involve risk. Principal loss is possible. Foreign Investment Risk. Returns on investments in foreign securities could be more volatile than, or trail the returns on, investments in U.S. securities. Concentration Risk. In following its methodology, the Index will be concentrated to a significant degree in securities of issuers located in the Fuel, Aerospace, Agriculture and Gold sectors. By concentrating its investments in the Fuel, Aerospace, Agriculture and Gold sectors, the Fund may face more risks than if it were diversified broadly over numerous industries or groups of industries. Non-Diversification Risk. Because the Fund is non-diversified, it may be more sensitive to economic, business, political or other changes affecting individual issuers or investments than a diversified fund, which may result in greater fluctuation in the value of the Fund’s Shares and greater risk of loss. New Fund Risk. The Fund is a recently organized management investment company with no operating history.
Additional risks for FTWO can be found here.
The Strive ETFs are distributed by Quasar Distributors, LLC.
1. "5 Sectors and Industries to Consider Investing In." Merrill Edge, www.merrilledge.com/article/sectors-to-invest-in.
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