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About Elevation Series Trust Sovereign's Capital Flourish Fund
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Inception date
Oct 3, 2023
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Sovereign's Capital Management LLC
Distributor
Paralel Distributors LLC
SOVF targets US companies led by faith-driven CEOs. The fund uses an investment strategy based on non-denominational Christian values to identify firms that create exceptional cultures. The adviser believes that a leader who enables their employees to flourish attracts and retains the best talents in the market, thus outperforming its peers along various metrics that can enhance long-term operating results. The portfolio is constructed using fundamental research and a proprietary due diligence framework that evaluates firms based on their faith-driven management, employee benefits, the presence of faith-based employee resource groups and counselors, and whether their mission and vision statements align with biblical values. Financial due diligence is also conducted to consider factors such as business quality, balance sheet, and risk/reward. The narrow portfolio typically holds 80 to 100 stocks. The fund excludes firms involved in tobacco, alcohol, gaming, abortion, and pornography.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Commercial Services
Stock breakdown by region
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