Key stats
About RiverNorth Patriot ETF
Expense ratio
0.77%
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Inception date
Jan 3, 2022
FLDZ offers core US equity exposure while seeking to deliver impact investing similar to charity. The actively managed fund holds large- and mid-cap companies that are domiciled and listed in the US. In addition, firms must have a market-cap over $5 billion and generate at least 90% of its revenue from its activities in the US to be eligible for inclusion. The diversified portfolio is constructed at the fund advisers discretion, without any sector/industry constraints. Majority of the funds sub-advisory fee or 100% of its net profit, derived from fund management will be donated to the Folds of Honor Foundation, a non-profit organization that provides educational scholarships to the families of military men and women who have fallen or been disabled while on duty in the US armed forces. Investors should note that the funds chosen foundation does not have any influence on its holdings and operations. Prior to March 28, 2022, the fund name was RiverNorth Volition America Patriot ETF.
Classification
What's in the fund
Exposure type
Finance
Utilities
Stock breakdown by region