LeaderShares Activist Leaders ETF (ACTV)
About LeaderShares Activist Leaders ETF (ACTV)
The Fund is an actively managed exchange-traded fund (ETF) that employs an investment approach that focuses on equity securities that are the target of shareholder activism. These equity securities are identified using a proprietary quantitative methodology built on the foundation of tracking legally mandated filings known as 13D filings that are submitted with the Securities and Exchange Commission (SEC). Rules adopted under the Securities Exchange Act of 1934 require a shareholder that acquires with an activist intent more than 5% of a company's shares to file a form with the SEC known as a Schedule 13D that discloses the investor's identity and the investors purpose in acquiring those shares.
Details
LeaderShares Activist Leaders ETF News
Details
Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.