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River1’s Innovative Trenchless ETF Hits the Market River1’s Innovative Trenchless ETF Hits the Market

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River1 Launches Trenchless Fund ETF

Wednesday marked the debut of the actively managed Trenchless Fund ETF (NYSE Arca: RVER) by River1 Asset Management. The ETF concentrates on a select group of U.S.-listed equity securities, boasting an expense ratio of 0.65%.

Unique Investment Strategy

River1’s Trenchless Fund ETF, managed by seasoned professionals, maintains a tight portfolio of 12-30 stocks or ADRs. The selections are grounded in the principle of “growth at a reasonable price,” employing a meticulous bottom-up methodology that emphasizes valuation, growth potential, and institutional ownership.

Screening for Success

The fund’s management diligently scrutinizes for overvalued companies, forecasted to fall short of earnings expectations, and dangerously high levels of shareholder ownership. This watchful eye ensures that the fund’s holdings remain dynamic and beneficial to investors, as outlined in the prospectus.

Strategic Portfolio Selection

River1’s philosophy, as depicted on their website, involves promptly shedding underperforming legacy index stocks. Instead, RVER’s portfolio is constructed to surpass the S&P 500 Index, demonstrating resilience in both bullish and bearish market conditions.

Top Holdings

The initial prominent holdings of the fund include Halliburton Co. constituting nearly 9% of the portfolio, RingCentral Inc. at 8.8%, Expedia Group at 7.9%, Meta Platforms Inc. at 7%, and Bumble Inc. at 6.9%.

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The author’s opinions and perspectives do not necessarily align with those of Nasdaq, Inc.