ACTVLeaderShares Activist Leaders ETF
ACTV Fund Description
ACTV actively selects US equity securities that are the target of shareholder activism.
ACTV Factset Analytics Insight
ACTV aims to generate long-term capital growth by focusing on all-cap equity securities of companies whose shares have been acquired by individuals identified as Activist Leaders. The SEC requires anyone acquiring more than 5% of a company’s shares, with activist intent, to file a Schedule 13D. The fund’s adviser applies a quantitative methodology to the 13D filings to identify and rate Activist Leaders based upon their effectiveness of achieving the stated objective and creation of positive returns in such positions. Once the Activist Leaders are selected, the fund’s adviser adds and removes constituents to the portfolio by following these investors’ activities through the 13D filings. The list of Activist Leaders will change over time. With this, ACTV’s investors should anticipate frequent trading resulting in high portfolio turnover. In addition, the fund can become concentrated in a particular sector, industry or group.
ACTV MSCI ESG Analytics Insight
LeaderShares Activist Leaders ETF has an MSCI ESG Fund Rating of A based on a score of 5.60 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. LeaderShares Activist Leaders ETF ranks in the 34th percentile within its peer group and in the 43th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ACTV MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
ACTV Summary Data
ACTV Portfolio Data
ACTV Index Data
ACTV Portfolio Management
ACTV Tax Exposures
ACTV Fund Structure
ACTV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ACTV. ACTV is rated a 4 out of 5.
ACTV Sector/Industry Breakdown
ACTV Economic Development
ACTV Performance Statistics
ACTV MSCI ESG Ratings
ACTV Benchmark Comparison Summary
ACTV Benchmark Comparison Market Cap Size