Home Depot, various big banks that push woke policies like Citigroup and State street, big pharma, all the big military industrial complex companies... May as well call it the Jeb! ETF.
Let me explain for all the fiscally illiterate (which seem to be most of the top comments here) who can't be bothered with reading a prospectus. It's an ETF that tries to mimic the S&P500. As such, by definition it CANNOT boycott every woke company or it wouldn't be able to invest in very much of the companies that comprise the S&P500. They can only be selective and boycott the worst. Furthermore, it divests voting control from other woke investment firms such as BlackRock. If you want to put your money into a broad spectrum of large cap stocks, this is about the best you can do.
Total assets in fund 40 Million dollars... That's a drop in the bucket. Most pension funds are 500 - 4,000 times that amount.
Don't get me wrong this is a start, but Taking on Blackrock, with this is like taking on a tax-payer funded 50 caliber machine gun with a private enterprise squirt-gun.
You think all the money BlackRock uses to push their woke ESG agenda belongs to them? No, it's all assets under management as well. If lazy Republicans would take the time to see what it being done with their own retirement funds and move them out of BlackRock funds, then BlackRock would lose over half their assets under management and a company like this or Strive Capital would be dictating terms to these major corporations.
Why would anyone invest in an actively managed fund designed to mimic the S&P 500 when they could do so with a passively managed fund with a much cheaper expense ratio? SPDR etf has a 0.095% expense ratio compared to ACVF's 0.75%. Hell I looked it the fund and over the YTD it has underperformed both the S&P 500 as well as SPY and charged more for the pleasure. stupid fund.
Because most of the passively managed funds are from woke ESG pushing commies like BlackRock and Vanguard. So you give BlackRock your money and they buy stocks on your behalf and then they use their positions to bludgeon the companies into cultural Marxism. So you're funding the destruction of your own country. Bravo. At least you saved a few bucks. Better to buy gold and bury it in the backyard.
The "Oh stewardess, I speak jive" thing would have the dindus chimping out and demanding reparations
the thing that made this movie bonus funny is that the main actors- Peter Graves, Leslie Nielson, Robert Stack and Lloyd Bridges- were not comedic actors
I do not. Before Corporatist america went off the deep end I held index funds. SPY and QQQ, but couldnt stomach big tech so I dropped QQQ. and Dropped SPY when Corporatist america went too far a few years back.
For all the smack I am talking I am strongly considering ACVF, but am put off 0.7% management fees.
He’s a great story in the midst of a pile-on which hurts woke culture significantly (and in the most important way) and the concern trolls in /new hop in ASAP to cry about “why now”.
Imagine if tomorrow communism was eradicated. This same jerkoff would be in here filling an ocean with his tears.
Only a moron see's a issue with this ETF blocking target...going back in time is something the retards do. Smart folks do not spit on good things but use them to forward their goals.
But hey...I am eager to see how the 2024 election turns out!
Honestly I am probably more a realist - Trump needs to seriously start covering more of his bases; right now he is doing what he did in 2020; he needs to go beyond that if he seriously intends to win.
Do you think Blackrock and Vanguard hold perpetual grudges and never buy a company's stock again if they have done one thing in the past that they don't approve of?
No. That's not how the game is played. You buy the stock when the company does something right. You sell the stock when the company does something wrong. That way the executives, whose pay is based on the value of the stock, have constant, short-term incentive to not do things bad.
If we denounce Target and never buy their stock ever, then we have no way of proving to them what they are missing.
These companies aren't controlling the companies with shareholder votes. That is one way, but not the main way. They are controlling the companies by threat to sell the stock.
There's not a shareholder vote about whether to have gay ads or not.
Undervalued stocks would allow regular people to make a fortune
The value of a stock is dependent solely on how much people are buying it. It being "undervalued" as determined by a formula considering revenue is meaningless in the actual market.
The value of a stock is dependent solely on how much people are buying it.
No you fucking retard with your Bitcoin mentality. Stocks pay back the principal with dividends. The price of a stock is tied to actual financials of the company.
Some do, many don't. Dividends are a very, very small way where the value of the stock is actually directly connected to the revenue of the company. But dividends are a drop in the bucket.
Bitcoin mentality.
I'm sorry to break it to you, but the stock market is equally as made-up as the crypto markets. With the stock market, you merely have the illusion of actual value.
Good idea! Let's all turn on the people doing what we want them to do. That will surely be inspirational! To hell with whatever good reasons they may have had at the time that we aren't aware of.
Yeah, and when the news interviews one consumer who stops shopping at Target, that doesn't make a significant impact either. But they can't interview millions of people or run stories about hundreds of Target investors who are dumping their stock.
This fund isn't the only one divesting from Target, just look at their stock price.
This... Blackrock and Vanguard own 60% of the market. They can minimize losses until people forget about boycotting. Uppermiddleclass and below own less than 3% of the market.
That is the best place to start. Buy local goods and services where it's possible. Even if you wanna eat out. There's more than enough ma and pa food joints still around. I can also speak from experience that banking with the local credit union has been far better than at a corporate bank.
I think tourism is another avenue we could use. Stop vacationing at expensive major theme parks/resorts. There's lots of magical, less popular spots scattered throughout the country that are just begging to be rediscovered.
Become a member of your neighborhood church too. Many Christians have always lived under a parallel economy where they avoid spending money on corporate brands as much as possible. They can give you some of the best advice on how to do so.
There is still money to be made in crypto if you have the time to manage it. But it takes a good deal of your day if you want to stay on top of things, and you have to be tech savy.
Target stock is down 12% over 30 days, but Walmart is down 5%... So, No, the stocks are not getting hit that hard.
Sales are down, but that will not necessarily effect the stocks because they are no longer performance driven.
That's precisely it, because they never raised objection to it before. Either way, it does show that money still talks in the end. If this is the way is has to be done then so be it.
Target has been doing this shit for years and now this boycott happens? Oh well a win is a win I guess, but this is my main issue with the “right” or just anyone that’s not a lefty. People need to pay fucking attention! We have let this woke commie shit fester for too long and now it has infected every aspect of our lives. People need to wake the fuck up.
They just aren't that woke and have some decent actively managed mutual funds accounts. If I knew more I would tell you. They specialize in actively managed mutual funds, so they try to get decent returns while avoiding losses during recessions, and some have good track records. They are also the ones that created the dividend growth mentality for investing.
An unfortunate reality is that woke shit can be absurdly profitable - for instance I know that T Rowe Price Charitable is still absurdly woke, and it is also one of the most profitable department in that company. They manage 9 billion dollars in assets to gradually donate to charity while still investing the funds to provide long lasting support for these NGOs. Said charities tend to be super woke, the funds can't be withdrawn by the clients, and there is a ~.3 expense ratio - AKA they are bringing in tens of millions of dollars a year in revenue for it... for a department of 6 people. Now that is considered a subsidiary and is basically kept separate from the main organization, but there is just too much money there for them to not do it.
But yeah, one of my friends is a relationship manager there
Because vanguard's average expense ratio is .06 while this is .75
i own ~9 million dollars in vanguard mutual funds. That correlates to 5400 in fees going to vanguard at a expense ratio of .06. I think the ones I have in particular are like a .08 expense ratio, so 30% more than that, but still not a whole lot
With this ETF, at an expense ratio of .75, that is 67500
Oh, and if anyone wants to criticize me for having vanguard ETFs because they push woke shit - which pushes more woke shit, the 8k they get or ~700k in federal taxes?
Our local Target has free drag shows in the tranny bathroom. Value!
The single largest holding they have is Microsoft... WTF?
You can see the list here https://acvetfs.com/fund/etf-fund/ scroll to the bottom of the page.
Home Depot, various big banks that push woke policies like Citigroup and State street, big pharma, all the big military industrial complex companies... May as well call it the Jeb! ETF.
Let me explain for all the fiscally illiterate (which seem to be most of the top comments here) who can't be bothered with reading a prospectus. It's an ETF that tries to mimic the S&P500. As such, by definition it CANNOT boycott every woke company or it wouldn't be able to invest in very much of the companies that comprise the S&P500. They can only be selective and boycott the worst. Furthermore, it divests voting control from other woke investment firms such as BlackRock. If you want to put your money into a broad spectrum of large cap stocks, this is about the best you can do.
And don’t forget “Strive” https://www.strivefunds.com/
Do you see the bottom of the page https://acvetfs.com/fund/etf-fund/
Total assets in fund 40 Million dollars... That's a drop in the bucket. Most pension funds are 500 - 4,000 times that amount.
Don't get me wrong this is a start, but Taking on Blackrock, with this is like taking on a tax-payer funded 50 caliber machine gun with a private enterprise squirt-gun.
You think all the money BlackRock uses to push their woke ESG agenda belongs to them? No, it's all assets under management as well. If lazy Republicans would take the time to see what it being done with their own retirement funds and move them out of BlackRock funds, then BlackRock would lose over half their assets under management and a company like this or Strive Capital would be dictating terms to these major corporations.
Check out Vivek Ramaswamy's Strive Asset Management. https://strivefunds.com/
They are trying to take on BlackRock and they surpassed $500 million AUM in 3 months from launch.
Why would anyone invest in an actively managed fund designed to mimic the S&P 500 when they could do so with a passively managed fund with a much cheaper expense ratio? SPDR etf has a 0.095% expense ratio compared to ACVF's 0.75%. Hell I looked it the fund and over the YTD it has underperformed both the S&P 500 as well as SPY and charged more for the pleasure. stupid fund.
Because most of the passively managed funds are from woke ESG pushing commies like BlackRock and Vanguard. So you give BlackRock your money and they buy stocks on your behalf and then they use their positions to bludgeon the companies into cultural Marxism. So you're funding the destruction of your own country. Bravo. At least you saved a few bucks. Better to buy gold and bury it in the backyard.
It makes more sense to buy a cheap index fund and then short ESG etf.
whoa, don't ever try to explain business on p.win
people here do not understand it and will attack you for saying things they don't like
i learned this personally trying to explain contracts during the Crowder grift thing
begone capitalist scum 🤺how dare you know things
No one's going to use the investment fund if they don't make any money. Most big corps have some woke nonsense: can't exclude them all.
I will concede that point.
So surely you don't have stock options with any liberal company right?
Stop calling us Shirley
Stop assuming multiple personality bias. How could "them" know if you're an "us"?
wow, what rock do you live under?
https://www.youtube.com/watch?v=KM2K7sV-K74
I bet you don't even know about parking in the red zone
Actually it was a comedy reference to naked gun. Or was it airport lol.
It was a quote from an even earlier movie from 1980 called Airplane! (the stylized exclamation mark is part of the title)
Awesome movie but extremely edgy especially by today's standards.
https://www.youtube.com/watch?v=n2A194yTWoQ
The "Oh stewardess, I speak jive" thing would have the dindus chimping out and demanding reparations
the thing that made this movie bonus funny is that the main actors- Peter Graves, Leslie Nielson, Robert Stack and Lloyd Bridges- were not comedic actors
They had only played dramatic, tough guy roles
Yeah I was leaning airplane. It's been over 20 years since i've seen either movie. Ty for your kind response.
Airplane
will you ever stop being a moron?
Well putting up with your gormless bs for to long has left me a bit the idiot of late. But I can remedy that. Bye forever asshole.
I do not. Before Corporatist america went off the deep end I held index funds. SPY and QQQ, but couldnt stomach big tech so I dropped QQQ. and Dropped SPY when Corporatist america went too far a few years back.
For all the smack I am talking I am strongly considering ACVF, but am put off 0.7% management fees.
We can't have conservatives making money off liberals, It only works the other way around!
They want an emotional support pump
It’s so stupid how compromised this site is now.
He’s a great story in the midst of a pile-on which hurts woke culture significantly (and in the most important way) and the concern trolls in /new hop in ASAP to cry about “why now”.
Imagine if tomorrow communism was eradicated. This same jerkoff would be in here filling an ocean with his tears.
if you handed this tinfoil hat doomers a winning lottery ticket they would bitch about what color it was
A'hem...doomer here.
Only a moron see's a issue with this ETF blocking target...going back in time is something the retards do. Smart folks do not spit on good things but use them to forward their goals.
But hey...I am eager to see how the 2024 election turns out!
you are a failure as a doomer
Thank you!
Honestly I am probably more a realist - Trump needs to seriously start covering more of his bases; right now he is doing what he did in 2020; he needs to go beyond that if he seriously intends to win.
Do you think Blackrock and Vanguard hold perpetual grudges and never buy a company's stock again if they have done one thing in the past that they don't approve of?
No. That's not how the game is played. You buy the stock when the company does something right. You sell the stock when the company does something wrong. That way the executives, whose pay is based on the value of the stock, have constant, short-term incentive to not do things bad.
If we denounce Target and never buy their stock ever, then we have no way of proving to them what they are missing.
Wrong. You buy the stock until you control enough of it to force the company to do what you want
These companies aren't controlling the companies with shareholder votes. That is one way, but not the main way. They are controlling the companies by threat to sell the stock.
There's not a shareholder vote about whether to have gay ads or not.
That is absurdly wrong and simply nonsensical. Undervalued stocks would allow regular people to make a fortune
The value of a stock is dependent solely on how much people are buying it. It being "undervalued" as determined by a formula considering revenue is meaningless in the actual market.
laughs in Game Stop
No you fucking retard with your Bitcoin mentality. Stocks pay back the principal with dividends. The price of a stock is tied to actual financials of the company.
Some do, many don't. Dividends are a very, very small way where the value of the stock is actually directly connected to the revenue of the company. But dividends are a drop in the bucket.
I'm sorry to break it to you, but the stock market is equally as made-up as the crypto markets. With the stock market, you merely have the illusion of actual value.
and what you want is for them to make money
period
Learn to accept a win, buddy
Good idea! Let's all turn on the people doing what we want them to do. That will surely be inspirational! To hell with whatever good reasons they may have had at the time that we aren't aware of.
We need a catchy acronym. (JEW) Just Eschew Wokism?
no racism
delete this comment
It's not racism. I'm commenting on the recent news.
no racism
delete this comment
So they sold less than $115K worth of Target stock, with a $41M NAV and Target being 0.28% of their holdings.
Good on them but this is just a drop in the bucket.
https://www.morningstar.com/etfs/arcx/acvf/quote
And their top holding is Microsoft
Correct. They had like 825 shares. It is something, but really it is nothing when there are 460,300,000 shares outstanding.
Yeah, and when the news interviews one consumer who stops shopping at Target, that doesn't make a significant impact either. But they can't interview millions of people or run stories about hundreds of Target investors who are dumping their stock.
This fund isn't the only one divesting from Target, just look at their stock price.
How long until Targay puts a gloryhole in the men's room?
Which is the men's room again . . . ?
The one with the urinals that the men in dresses won't use.
LET THEM GO UNDER
I haven't been inside target in years. Fuckem
Problem is that blackrock is still HUGE, and they are driving this shit.
This... Blackrock and Vanguard own 60% of the market. They can minimize losses until people forget about boycotting. Uppermiddleclass and below own less than 3% of the market.
Are these idiots (BR and VG) going to destroy my investments thru this never-ending crap???
It sounds like they already are.
What are the alternatives, if so???
I'm sure supporting locally owned and operated banks would be a good place to start.
That is the best place to start. Buy local goods and services where it's possible. Even if you wanna eat out. There's more than enough ma and pa food joints still around. I can also speak from experience that banking with the local credit union has been far better than at a corporate bank.
I think tourism is another avenue we could use. Stop vacationing at expensive major theme parks/resorts. There's lots of magical, less popular spots scattered throughout the country that are just begging to be rediscovered.
Become a member of your neighborhood church too. Many Christians have always lived under a parallel economy where they avoid spending money on corporate brands as much as possible. They can give you some of the best advice on how to do so.
There is still money to be made in crypto if you have the time to manage it. But it takes a good deal of your day if you want to stay on top of things, and you have to be tech savy.
well they are doing a fucking terrible job, tinfoil head
Target stock is down 12% over 30 days, but Walmart is down 5%... So, No, the stocks are not getting hit that hard. Sales are down, but that will not necessarily effect the stocks because they are no longer performance driven.
This is how you fight back.....Right-wing investment fund dumps Target stock over ‘woke’ agenda
https://archive.ph/1D4A5
Or maybe they dumped it because it was burning to the ground and they were cutting losses?
That's precisely it, because they never raised objection to it before. Either way, it does show that money still talks in the end. If this is the way is has to be done then so be it.
Actually that shirt is fake news. Trans people have never existed. Only mentally ill cosplayers. The more you know!
The ESG score can work in reverse. Only invest in companies with low ESG scores lol
An Anti esg pro American investment firms would have my 401k in a second
There is an ETF doing that now. ORFN. when we have cash we will pick some up. Here are more https://www.etfcentral.com/news/anti-esg-etfs-3-etfs-you-can-invest-in-right-now
No conservative should have been invested in Target ever since they came out supporting men in women's bathrooms like 7 years ago.
Why invest with them to begin with idiots? They've allowed gay people to work there for at least a decade.
There's no such things as a "conservative investment fund", they're all just masks used by the same people so they don't trip over anti-trust laws.
why were they invested in the first place
because it made them money
DOH!
""conservatives""
investing in evil because its profitable (tm)
money is money no matter where it comes from
Target has been doing this shit for years and now this boycott happens? Oh well a win is a win I guess, but this is my main issue with the “right” or just anyone that’s not a lefty. People need to pay fucking attention! We have let this woke commie shit fester for too long and now it has infected every aspect of our lives. People need to wake the fuck up.
What was a "right-wing investment fund" doing investing in Target in the first place. This is hardly Target's first rodeo.
This fund is doing very little as far as making money for its investors. Unless you got it on the ground floor that is.
Going woke makes for great stock shorting opportunities
I wonder what the etf ticker is I'll invest in a fund like that
.75 expense ratio, avoid that shit. T Rowe price's actively managed mutual funds are relatively conservative and don't deal with that shit
Yes I just saw that. No wonder it's been stagnant for 3 years
Tell me more about T Rowe's funds
They just aren't that woke and have some decent actively managed mutual funds accounts. If I knew more I would tell you. They specialize in actively managed mutual funds, so they try to get decent returns while avoiding losses during recessions, and some have good track records. They are also the ones that created the dividend growth mentality for investing.
An unfortunate reality is that woke shit can be absurdly profitable - for instance I know that T Rowe Price Charitable is still absurdly woke, and it is also one of the most profitable department in that company. They manage 9 billion dollars in assets to gradually donate to charity while still investing the funds to provide long lasting support for these NGOs. Said charities tend to be super woke, the funds can't be withdrawn by the clients, and there is a ~.3 expense ratio - AKA they are bringing in tens of millions of dollars a year in revenue for it... for a department of 6 people. Now that is considered a subsidiary and is basically kept separate from the main organization, but there is just too much money there for them to not do it.
But yeah, one of my friends is a relationship manager there
$ACVF
Thanks!!
orly, and not because the stock value will go down?
Oh, NOW they divest? Target didn’t suddenly go woke overnight. Fuck these fake asshats.
So, the stocks on sale for Blackrock?
N-vesting.
ESG score. That is what this is about. Kohls next. Burn it all down! Who benefits burning your own neighborhood down? The chimps that did it?…..
I love gas lighting
This is sound independent of politics as companies that go down the woke path get sidetracked from their core mission which leads to losses
I don't believe it. FBI false flag.
Vanguard owns like 20 % of Target. People should just stop buying stuff from any company that have Vanguard or Blackrock own a part of.
Vanguard owns so much Target because they manage huge market cap weighted index funds
Because vanguard's average expense ratio is .06 while this is .75
i own ~9 million dollars in vanguard mutual funds. That correlates to 5400 in fees going to vanguard at a expense ratio of .06. I think the ones I have in particular are like a .08 expense ratio, so 30% more than that, but still not a whole lot
With this ETF, at an expense ratio of .75, that is 67500
Oh, and if anyone wants to criticize me for having vanguard ETFs because they push woke shit - which pushes more woke shit, the 8k they get or ~700k in federal taxes?
fuck Target
Strv funds. This is the way. Dump your ishares and replace with strv. Vivek’s funds. Low fees compared to fidelity and vanguard.
Fuck it, I’ll buy some of that shit
They saw what happened to Bud Light