FLDZ Profile
The RiverNorth Patriot ETF is an actively managed exchange-traded fund that focuses on achieving capital appreciation through investments in equity securities. The fund's strategy centers on selecting common stocks of mid-cap and large-cap companies that are closely linked to the U.S. economy. The selection criteria for these companies include being organized under U.S. laws, having shares primarily traded on U.S. exchanges, and generating at least 90% of their revenue from domestic activities.
The fund employs a rigorous, research-driven approach to identify and invest in companies that are well-positioned to benefit from the U.S. economic environment. This involves a thorough analysis of each company's financial health, market position, and growth potential within the context of the U.S. economy. By focusing on firms with strong domestic revenue generation, the fund aims to provide investors with exposure to businesses that are closely aligned with U.S. economic trends and growth.
As an actively managed ETF, the RiverNorth Patriot ETF benefits from the expertise of its sub-adviser in navigating market conditions and selecting equities that are expected to outperform. The fund's non-diversified nature means it concentrates its investments in a narrower range of stocks, which may lead to higher potential returns but also introduces specific risks related to sector and company concentration.
RiverNorth Capital Management, known for its specialized investment strategies, oversees the fund's management and ensures adherence to its investment philosophy. The RiverNorth Patriot ETF reflects the firm's commitment to leveraging deep economic insights and sector expertise to optimize investment outcomes. By focusing on companies that are heavily involved in the U.S. economy, the fund aims to capitalize on domestic economic strengths and provide investors with targeted growth opportunities.
|
