While attempting to capitalize in the most beneficial ways, there are ideals some companies would prefer to hold onto. On Thursday, Ridgeline Research announced the launch of the American Conservative Values ETF (NYSE: ACVF). The fund will focus on large capitalization of U.S. equities.
ACVF is the first-ever ETF that will attempt to align investments with politically conservative investors’ beliefs and values. We “Boycott” companies that do not align with conservative values, bringing together a community of conservative investors.
Regarding conservative values, the importance lies in political and social philosophy characterized by individual liberty, limiting the size of government, free enterprise, and belief in “American Exceptionalism.” Fiscal conservatives favor small government, laissez-faire economy, low income and corporate taxes, limited regulation, and free enterprise. Social conservatives tend to strongly identify with American exceptionalism, patriotism, and the defense of traditional social norms.
“As a long-time passionate conservative and professional investor, I have often been frustrated watching major corporations support causes that are antithetical to my conservative ideals, beliefs, and values. I’m tired of investing in these companies! In response, I created an ETF company to service fellow conservative investors, Ridgeline Research. Our first ETF is a large cap fund that will “Boycott” companies that do not align with conservative values.” Said William “Bill” Flaig, Founder and CEO of Ridgeline Research
With ACVF, from Ridgeline’s point of view, investors can stand alongside their conservative friends and family. They can invest in change.
For additional information on the American Conservative Values ETF, please visit www.acvetfs.com.
This article originally appeared on ETFTrends.com.