ABEQ

Absolute Select Value ETF

$35.62
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Absolute Select Value ETF (ABEQ) seeks to provide long-term capital appreciation by investing in a portfolio of undervalued equity securities.

Overview

ETF tracking Absolute Select Value ETF

Category Value
Issuer Other
Inception Date 2020-01-22
Market Cap $115.8M
Average Volume N/A
Dividend Yield 1.43%
52-Week Range $31.42 - $36.11
VWAP $35.58

Performance

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Investment Summary

📎 Investment Objective

The Absolute Select Value ETF (ABEQ) seeks to provide long-term capital appreciation by investing in a portfolio of undervalued equity securities.

🎯 Investment Strategy

The fund employs a value-oriented investment approach, seeking to identify companies that are trading at a discount to their intrinsic value. The portfolio managers use fundamental analysis to select securities they believe are underpriced by the market.

✨ Key Features

  • Focuses on identifying undervalued equity securities across a range of market capitalizations
  • Actively managed portfolio aiming to outperform the broader market over the long term
  • Relatively concentrated portfolio, typically holding 30-50 individual securities
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Equity risk: The fund is subject to the risks associated with investing in the stock market
  • Concentration risk: The fund's performance may be more volatile due to its relatively concentrated portfolio
  • Underperformance risk: The fund's value-oriented approach may underperform the broader market during certain market conditions

👤 Best For

The Absolute Select Value ETF may be suitable for long-term investors seeking exposure to undervalued equity securities and the potential for capital appreciation. Investors should have a moderate to high risk tolerance and a long-term investment horizon to accommodate the fund's focus on value investing.