Latest news with #TuttleCapital
Yahoo
10 hours ago
- Business
- Yahoo
New ETF Filing Aims to Capitalize on 'Government Grift'
A provocative new ETF filing aims to capitalize on what it bluntly calls 'government grift.' The Tuttle Capital Government Grift ETF (GRFT) was filed with the SEC this week and proposes a strategy built around tracking the investment activity of U.S. political insiders, including members of Congress and individuals close to the president. According to the prospectus, the fund 'is grounded in the belief that political actors … can influence market outcomes or possess information that materially affects security pricing.' GRFT would scan public disclosures, including STOCK Act filings (known as Periodic Transaction Reports or PTRs), which require members of Congress to report securities trades made by themselves or their spouses. These are filed within 30 to 45 days of a transaction and are available to the public. Tuttle's strategy would systematically download, aggregate and rank these filings based on historical excess returns over three years. Individuals with the most consistent outperformance would have their trades analyzed to estimate current implied holdings. Stocks most frequently bought by these top traders would be considered for inclusion in the portfolio. But GRFT doesn't stop at Congress. The fund would also seek to invest in companies with 'demonstrated ties to Presidential influence.' That includes firms with executives or directors affiliated with the current administration or businesses that receive praise from the president. The manager would also monitor real-time presidential commentary—speeches, tweets, interviews—and adjust exposure accordingly using ETFs or derivatives. The fund plans to hold a concentrated portfolio of 10 to 30 positions, which may include common stocks, ETFs or total return swaps. Position size would reflect both the scale of congressional trading and the perceived materiality of presidential backing. In times of uncertainty or political opacity, GRFT could hold up to 100% of its assets in cash or Treasurys. GRFT builds on a theme popularized by the Unusual Whales Subversive Democratic Trading ETF (NANC) and the Unusual Whales Subversive Republican Trading ETF (GOP), which invest in stocks purchased by Democrat and Republican members of Congress, respectively. But while NANC and GOP are also actively managed and base their portfolios on trades disclosed by sitting members of Congress, they tend to be more systematic in nature and hold broader baskets of between 100 to 200 stocks, compared to GRFT's more concentrated and discretionary approach. By combining congressional trades with presidential sentiment analysis, GRFT introduces more subjectivity into its strategy. Whether that works in practice remains to be seen. Since launching in February 2023, NANC has returned 66%, outpacing the S&P 500's 54% gain over the same period. GOP, by contrast, has lagged with a 35% return. GRFT isn't Tuttle Capital's first foray into unconventional strategies. The firm previously launched the Inverse Cramer Tracker ETF (SJIM) and the Long Cramer Tracker ETF (LJIM), which sought to bet against or follow CNBC host Jim Cramer's stock picks. Those funds garnered a lot of buzz but ultimately struggled with execution, largely due to the difficulty of systematically tracking and trading on a fast-talking TV personality's evolving takes. Both were eventually shut down. GRFT could face similar challenges if its strategy proves too discretionary or difficult to implement. But with retail investors increasingly skeptical of political elites, the concept is bound to turn | © Copyright 2025 All rights reserved
Yahoo
06-05-2025
- Business
- Yahoo
Tuttle Capital's Select STOXX Europe Aerospace & Defense ETF Surpasses $500 Million in Assets Under Management
New York, New York--(Newsfile Corp. - May 6, 2025) - Tuttle Capital Management proudly announces that the Select STOXX ® Europe Aerospace & Defense ETF (CBOE: EUAD) has surpassed $500 million in assets under management (AUM), marking a significant milestone since its launch in October 2024. The Select STOXX ® Europe Aerospace & Defense ETF (the "Fund") Fund invests at least 80% of its total assets in component securities of the STOXX ® Europe Total Market Aerospace & Defense Index (the "Index"), with at least 80% of its net assets in exchange listed common stock ADRs or companies based in Europe who derive at least 50% of their revenue from the manufacture, service, supply and distribution of aeronautical equipment, components, hardware, software or electronic systems; and equipment, systems, components, infrastructure support services, and hardware, software and electronics that directly support civil and military defense efforts. The Fund uses a "passive" or indexing approach to try to achieve its investment objective. Unlike many investment companies, the Fund does not try to "beat" the Index and does not seek temporary defensive positions when markets decline or appear overvalued. "I am a big believer that investors should be looking for the top investing themes… and we believe European defense stocks are a top theme now given what's going on in the world" said Fund manager Matthew Tuttle. Tuttle Capital Management believes this achievement reflects a broader trend of investors seeking opportunities in sectors aligned with global security and technological advancements. The Fund's performance and asset growth highlight its role as a key vehicle for those aiming to capitalize on Europe's evolving defense landscape. For more information about EUAD, including its holdings and performance, please visit About Tuttle Capital Management: Tuttle Capital Management, LLC believes it is an industry leader in offering thematic and actively managed ETFs. Tuttle Capital Management utilizes informed agility when managing portfolios, an approach that, from an informed standpoint, Tuttle Capital Management, LLC believes it can assess and blend effective elements from multiple investment styles, and, from a position of agility, aims to stay in harmony with market trends without being too passive or too active. For additional information, please visit Important Risks The STOXX Europe Total Market Aerospace & Defense Index is intellectual property (including registered trademarks) of STOXX Ltd., Zug, Switzerland ("STOXX"), Deutsche Börse Group or their licensors, which is used under license. The Select STOXX Europe Aerospace & Defense ETF is neither sponsored nor promoted, distributed, or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX. Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions, or interruptions in the STOXX Europe Total Market Aerospace & Defense Index or its data.
Associated Press
06-05-2025
- Business
- Associated Press
Tuttle Capital's Select STOXX Europe Aerospace & Defense ETF Surpasses $500 Million in Assets Under Management
New York, New York--(Newsfile Corp. - May 6, 2025) - Tuttle Capital Management proudly announces that the Select STOXX ® Europe Aerospace & Defense ETF (CBOE: EUAD) has surpassed $500 million in assets under management (AUM), marking a significant milestone since its launch in October 2024. The Select STOXX ® Europe Aerospace & Defense ETF (the 'Fund') Fund invests at least 80% of its total assets in component securities of the STOXX ® Europe Total Market Aerospace & Defense Index (the 'Index'), with at least 80% of its net assets in exchange listed common stock ADRs or companies based in Europe who derive at least 50% of their revenue from the manufacture, service, supply and distribution of aeronautical equipment, components, hardware, software or electronic systems; and equipment, systems, components, infrastructure support services, and hardware, software and electronics that directly support civil and military defense efforts. The Fund uses a 'passive' or indexing approach to try to achieve its investment objective. Unlike many investment companies, the Fund does not try to 'beat' the Index and does not seek temporary defensive positions when markets decline or appear overvalued. 'I am a big believer that investors should be looking for the top investing themes… and we believe European defense stocks are a top theme now given what's going on in the world' said Fund manager Matthew Tuttle. Tuttle Capital Management believes this achievement reflects a broader trend of investors seeking opportunities in sectors aligned with global security and technological advancements. The Fund's performance and asset growth highlight its role as a key vehicle for those aiming to capitalize on Europe's evolving defense landscape. For more information about EUAD, including its holdings and performance, please visit About Tuttle Capital Management: Tuttle Capital Management, LLC believes it is an industry leader in offering thematic and actively managed ETFs. Tuttle Capital Management utilizes informed agility when managing portfolios, an approach that, from an informed standpoint, Tuttle Capital Management, LLC believes it can assess and blend effective elements from multiple investment styles, and, from a position of agility, aims to stay in harmony with market trends without being too passive or too active. For additional information, please visit Important Risks The STOXX Europe Total Market Aerospace & Defense Index is intellectual property (including registered trademarks) of STOXX Ltd., Zug, Switzerland ('STOXX'), Deutsche Börse Group or their licensors, which is used under license. The Select STOXX Europe Aerospace & Defense ETF is neither sponsored nor promoted, distributed, or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX. Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions, or interruptions in the STOXX Europe Total Market Aerospace & Defense Index or its data. An investor should consider the objectives, risks, and charges and expenses of the Select STOXX Europe Aerospace & Defense ETF (the 'Fund') before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available above or by calling Shareholder Services at 1-800-773-3863. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk. An investment in the Fund is subject to investment risks, including the possible loss of some or the entire principal amount invested. There can be no assurance that the Fund will be successful in meeting its investment objective. Investment in the Fund is also subject to the following risks: Equity Securities Risk: Investments in equity securities may fluctuate in value response to many factors, including general market and economic conditions, interest rates, and specific industry changes. Non-Diversification Risk: The fund may invest a larger portion of its assets in a limited number of companies than a diversified fund. Because a relatively high percentage of the Fund's assets may be invested in the securities of a limited number of companies that could be in the same or related economic sectors, the Fund's portfolio may be more susceptible to any single economic, technological, or regulatory occurrence than the portfolio of a diversified fund. Aerospace and Defense Sector Risk: The aerospace and defense sectors can be significantly affected by government regulation and spending policies because companies involved in these sectors rely, to a significant extent, on government demand for their products and services. Foreign Securities Risk: The Fund could be subject to greater risks because the Fund's performance may depend on issues other than the performance of a particular company or U.S. market sector. Changes in foreign economies and political climates are more likely to affect the Fund than a fund that invests exclusively in U.S. companies. Limited History of Operations Risk: The Fund has a limited history of operations. Accordingly, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders. Passive Investment Risk: The Fund is not actively managed and, therefore, would not sell an equity security due to current or projected underperformance of such security, industry, or sector, unless that security is removed from the Index. While the shares of the Fund are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. ETFs trade more like stocks, are subject to investment risks, fluctuate in market value, and may trade at prices above or below the ETF's net asset value. More information about these risks can be found in the Fund's prospectus. The Select STOXX Europe Aerospace & Defense ETF is distributed by Capital Investment Group, Inc., Member FINRA/SIPC, 100 E. Six Forks Road, Raleigh, North Carolina 27609. There is no affiliation between Tuttle Capital Management, LLC, including their principals, and Capital Investment Group, Inc. RCSTOX00425001 Contact: Brian Lichtor | 651-470-2220 | [email protected] Tuttle Capital Management To view the source version of this press release, please visit
