RevenueShares Navellier Overall A-100 Fund™, which will trade on the New York Stock Exchange ARCA under the ticker symbol: RWV.
The RevenueShares Navellier Overall A-100 Fund™ represents a fusion of the quantitative indexing strategy of the Navellier Overall A-100 Index with RevenueShares™’ revenue-based ranking and rebalancing approach. The Navellier Overall A-100 index is an index built from the quantitative methodology employed at Navellier & Associates, Inc. (“Navellier”) that aims to identify the 100 highest quality stocks in the U.S. equity market.
“We are dedicated to offering a full suite of ETFs to meet the demand of sophisticated investors. By combining the time-tested Navellier strategy with the upside potential of a revenue-weighting, this Fund seeks to add alpha to a balanced investment portfolio,” explains Sean O’Hara, President of RevenueShares™ Investor Services.
“We are excited to add the Navellier name to the RevenueShares™ ETF lineup. It has been our goal to deliver investors access to Navellier’s expertise in alpha generating growth strategies in the ETF marketplace,” says Louis G. Navellier, Chairman and Founder of Navellier & Associates, Inc. “The RevenueShares Navellier Overall A-100 Fund™ gives investors a vehicle to enhance alpha in a multi-asset class allocation different than the majority of other ETF products.”
The RevenueShares Navellier Overall A-100 Fund™ is maintained quarterly by VTL Associates, LLC. The Bank of New York will provide additional investor Fund services such as administrator, custodian and transfer agent. The investment advisor for the ETF offerings will be VTL Associates, LLC. Navellier is not affiliated with the Fund or its investment advisor.
Source: ETFWorld.co.uk – RevenueShares