Key stats
About Nightview Fund NITE
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Inception date
Jun 24, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Nightview Capital LLC
Distributor
Northern Lights Distributors LLC
ISIN
US14064D4850
NITE seeks to identify undervalued opportunities with growth catalysts expected to materialize over several years. Generally, the portfolio will consist of 15 to 25 stocks of any size, as well as cash and cash equivalents, capped at 5%. Security selection is based on five key traits: a superior value proposition, a landgrab mentality, optimization for scale, platform models, and effective capital allocation. The strategy emphasizes fundamental value investing, designed to generate superior returns by capitalizing on industry and company-specific dynamics. This approach adopts a forward-looking valuation method that avoids technical analysis and macroeconomic forecasting. Instead, it relies on detailed ongoing research combining top-down and bottom-up analysis. The focus is on innovative, customer-centric businesses with scalable models and effective capital allocation, while also considering obsolescence risk. Positions are held for at least three years, ideally extending to 10+ years.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Services
Retail Trade
Consumer Durables
Technology Services
Stocks99.31%
Consumer Services22.76%
Retail Trade20.24%
Consumer Durables17.75%
Technology Services10.80%
Electronic Technology7.57%
Finance7.49%
Producer Manufacturing6.35%
Consumer Non-Durables3.35%
Process Industries2.99%
Bonds, Cash & Other0.69%
Cash0.69%
Stock breakdown by region
North America87.01%
Asia12.99%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NITE invests in stocks. The fund's major sectors are Consumer Services, with 22.76% stocks, and Retail Trade, with 20.24% of the basket. The assets are mostly located in the North America region.
NITE top holdings are Tesla, Inc. and Amazon.com, Inc., occupying 17.75% and 11.13% of the portfolio correspondingly.
NITE assets under management is 29.52 M USD. It's risen 5.87% over the last month.
NITE fund flows account for −1.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, NITE doesn't pay dividends to its holders.
NITE shares are issued by Nightview Capital LLC under the brand The Nightview. The ETF was launched on Jun 24, 2024, and its management style is Active.
NITE expense ratio is 1.25% meaning you'd have to pay 1.25% of your investment to help manage the fund.
NITE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NITE invests in stocks.
NITE price has risen by 6.50% over the last month, and its yearly performance shows a 37.38% increase. See more dynamics on NITE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.69% over the last month, showed a 16.68% increase in three-month performance and has increased by 18.21% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.69% over the last month, showed a 16.68% increase in three-month performance and has increased by 18.21% in a year.
NITE trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.