Subversive has just announced their partnership with Unusual Whales to launch two new ETFs targeting the Democrat and Republican parties. The funds are called, the Advisors Unusual Whales Subversive Democratic ETF (NANC) and the Unusual Whales Subversive Republican ETF (KRUZ), with the tickers nicknames of Nancy Pelosi and Ted Cruz. A quote regarding the launches holdings states, “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. Subversive does not express a view on NANC and KRUZ underlying equities, rather, we buy or sell securities based on Unusual Whales’ reporting of what members of Congress disclose they hold.”
Subversive Partners With Unusual Whales To Launch Democrat & Republican ETFs
ETF Newz Says:
NANC and KRUZ will primarily invest in equity securities in Democrat and Republican Congress members with a management dee of 0.75%.