Subversive Capital Advisor Launches Two Funds

Subversive Capital Advisor has partnered with Unusual Whales, an option flow platform and information service, to launch the Advisor’s Unusual Whales Subversive Democratic exchange-traded fund (“ETF”) (Ticker: NANC) and Unusual Whales Subversive Republican ETF (Ticker: KRUZ). NANC and KRUZ are actively managed diversified ETFs that are listed on February 7, 2023 on Cboe BZX Exchange. Christian H. Cooper will act as the ETFs’ Portfolio Manager.

“We have partnered with Unusual Whales to develop ETFs that will allow investors access to the approximate holdings of members of Congress in both parties,” said Mr. Cooper. “Subversive does not express a view on the NANC and KRUZ underlying equities, rather, we buy or sell securities based on Unusual Whales’ reporting of what members of Congress disclose they hold.

“A quick online search shows how members of Congress perform relative to the rest of the market. Congress has outperformed the market and beat the SPY index in 2021 and 2022. We believe members of Congress have more information than the rest of us, and if they can trade on that information, we should be able to do the same, and now we can.”

ETF Newz Says:

Members of Congress are required to disclose their financial holdings and investments, including any stock purchases they make. This information is publicly available and can be accessed through the online database of the Clerk of the House of Representatives or the Secretary of the Senate.

However, the disclosure forms only provide ranges for the values of investments and don’t show the exact amount, making it difficult to determine the specific investments made by members of Congress. Additionally, some members may choose to hold investments in blind trusts, which would also not be publicly disclosed.

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