Client First Tax & Wealth Advisors has just unveiled the future launch of the Adaptiv Select ETF (ADPV). The fund will be actively managed looking to follow the 25 highest ranked U.S. large cap stocks from the 1000 largest capitalized U.S. stocks while tracking the market to look for downtrends where they’ll then move those positions to short-term Treasury Bills. A quote from Client First states, “Being able to to provide the aforementioned stock selection methodology in a more tax efficient wrapper is a win-win proposition for us.”
ETF Newz Says:
The methodology used by Client First is interesting so we will have to see how their future launch goes.