Articles from Strive Asset Management

Strive Asset Management (“Strive”), whose mission is to maximize shareholder value by leading companies to focus on excellence, launches its latest exchange-traded fund. The Strive FAANG 2.0 ETF (NYSE: FTWO) offers investors exposure to capture the projected growth within sectors essential for global stability, offering investors the option to tap into industries that sustain and secure the modern way of life.

Strive, representing its clients who are McDonald’s shareholders, expressed concerns over the fast-food giant’s pursuit of value-destroying and potentially illegal diversity policies, particularly in light of the recent U.S. Supreme Court decision in Students for Fair Admissions v. Harvard.

Strive Asset Management (“Strive”) announces that it has surpassed $750 million in total assets under management (AUM), less than ten months after the launch of its first fund.

Strive Asset Management (“Strive”) launches its eighth index fund today: the Strive Emerging Markets Ex-China ETF (STXE). STXE is a passively managed ETF that seeks exposure to large- and mid-capitalization equity securities across twenty-four emerging market economies, excluding China, offering investors exposure to emerging markets while minimizing China-related risks. Strive believes that China’s autocratic regime, economic vulnerabilities, and military posture towards its neighbors, including Taiwan, create meaningful risks for global investors. Strive believes that other large environmental, social, and governance (ESG) promoting financial institutions with asset management businesses in China are unable to adequately educate U.S. clients about these risks due to their conflicts of interests in China.

Today Strive Asset Management (Strive) launches its financial education campaign – 5 Questions to Ask Your Financial Advisor – to further educate everyday investors about where exactly their money is going in the new year.

Today Strive Asset Management (Strive) unveils its shareholder impact on American companies including Exxon and Disney and announces that it will target Chevron and Home Depot during the upcoming proxy voting season.

Strive Asset Management announced its total assets under management surpassed $500 million on November 11, 2022, three months after the launch of its first fund.

Today Strive Asset Management (Strive) launched its excellence campaign at the start of shareholder proposal and board nomination season. The campaign begins with a series of videos that will air nationwide on digital and broadcast media – the first is available here.

Strive Asset Management (“Strive”) launches its third index fund today, the Strive U.S. Semiconductor ETF (NYSE: SHOC, expense ratio: 0.40%), offering investors the opportunity to gain broad exposure to the U.S. semiconductor sector amid escalating geopolitical risk in Taiwan, the nation responsible for manufacturing 60% of the world’s foundry semiconductors. Semiconductors are the essential computing hardware for mobile phones, computers, cars, and even refrigerators. Global Semiconductor demand is estimated to grow over 80% by 2030.1

Strive Asset Management (“Strive”) launches its second index fund, the Strive 500 ETF (NYSE: STRV, expense ratio: 0.0545%), which seeks to track the returns of the Solactive GBS United States 500 Index. STRV provides diversified large-cap exposure to established U.S. corporations at a competitive rate.

Strive Asset Management (“Strive”) sent a shareholder letter to Chevron, Inc. today - marking the company’s first shareholder engagement letter on behalf of its clients.

Strive Asset Management announced that its first exchange-traded fund (ETF), the U.S. Energy ETF (NYSE Arca:DRLL), has exceeded $300 million in assets under management1 and over $420 million in traded volume in its first three full weeks since launch, continuing to represent the largest non-seeded ETF launch in 20222,3. DRLL is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.

Strive Asset Management announced that its first exchange-traded fund (ETF), the U.S. Energy ETF (NYSE Arca:DRLL), has exceeded $238 million in assets under management2 and over $320 million in traded volume in its first two full weeks of launch, continuing to represent the largest non-seeded3 ETF launch in 2022. DRLL is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.

Strive Asset Management announced that its first exchange-traded fund (ETF) exceeded $100 million in assets under management (AUM) and over $160 million in traded volume in its first full week of launch, representing the largest non-seeded[1] ETF launch in 2022. The fund, DRLL, is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.

Strive Asset Management (“Strive”) launches its flagship index fund, the Strive U.S. Energy ETF (NYSE: $DRLL), to unlock the potential of the U.S. energy sector by providing investors an opportunity to drive positive change at U.S. energy companies ahead of a potential bull market for U.S. energy stocks.

Strive Asset Management (“Strive”) announces key hires to advance its mission and refocus corporate America on excellence over politics. Strive’s growing team now includes two senior sales executives from State Street Global Advisors, Joyce Rosely and Robert Melton, who will co-lead Strive’s institutional sales and distribution. Rosely most recently served as vice president and head of US SPDR asset manager/hedge fund sales at State Street and is a well-known leader across the financial industry. Melton most recently was vice president and head of institutional asset owner ETF sales at State Street where he served for over 7 years.

Americans are reeling from record gas prices at $5 per gallon on average - an almost 50% increase so far in 2022. On Independence Day, Strive Asset Management kicked off its five-week national education campaign to draw attention to the American energy crisis and how U.S. citizens are unknowingly contributing to the problem through their investment accounts.

Today, Strive Asset Management (“Strive”) launches with the mission of restoring the voices of everyday citizens in the American economy by leading companies to focus on excellence over politics. Strive is led by co-founder and Executive Chairman Vivek Ramaswamy and has raised over $20 million from some of America’s most prominent venture capitalists and entrepreneurs.