Key stats
About Trenchless Fund ETF
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Inception date
Apr 3, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Sound Capital Solutions LLC
Distributor
Quasar Distributors LLC
ISIN
US00777X5462
RVER seeks to outperform the S&P 500 Index over all time horizons through a narrow exposure to the US equity market. The fund typically invests in approximately 12 to 30 US-listed stocks of any market capitalization. The portfolio construction starts by screening companies based on valuation metrics such as free cash flow, net income, EBITDA, and revenue. Securities are then assessed using growth factors, including top and bottom-line revenue and net income growth. This analysis seeks to exclude firms with negative outliers and those the sub-adviser believes are likely to miss earnings expectations. The remaining companies are screened based on a review of the number and size of institutional holders. After these three initial screens, the sub-adviser ranks and selects from the remaining companies based on its view of positive price change potential. As an actively managed fund, the sub-adviser has full discretion to make buy, sell, and hold decisions at any time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Health Technology
Consumer Non-Durables
Cash
Stocks81.29%
Technology Services25.71%
Health Technology16.61%
Consumer Non-Durables16.08%
Electronic Technology7.07%
Health Services5.21%
Transportation4.53%
Finance3.15%
Consumer Durables2.93%
Bonds, Cash & Other18.71%
Cash10.02%
Mutual fund8.69%
Stock breakdown by region
North America73.99%
Europe17.65%
Middle East8.36%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RVER invests in stocks. The fund's major sectors are Technology Services, with 25.71% stocks, and Health Technology, with 16.61% of the basket. The assets are mostly located in the North America region.
RVER top holdings are lululemon athletica inc. and Alphabet Inc. Class A, occupying 10.54% and 10.05% of the portfolio correspondingly.
RVER assets under management is 92.46 M USD. It's risen 8.18% over the last month.
RVER fund flows account for 29.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, RVER doesn't pay dividends to its holders.
RVER shares are issued by Sound Capital Solutions LLC under the brand River1. The ETF was launched on Apr 3, 2024, and its management style is Active.
RVER expense ratio is 0.66% meaning you'd have to pay 0.66% of your investment to help manage the fund.
RVER follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RVER invests in stocks.
RVER price has risen by 5.36% over the last month, and its yearly performance shows a 34.79% increase. See more dynamics on RVER price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.67% over the last month, showed a 9.06% increase in three-month performance and has increased by 9.13% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.67% over the last month, showed a 9.06% increase in three-month performance and has increased by 9.13% in a year.
RVER trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.