A Conservative Fund Targets Investors Who Want To Avoid Woke Companies
Fast-forward to late last year, and Flaig instead created an exchange-traded fund (ETF) he dubbed the American Conservative Values ETF, which trades on the New York Stock Exchange and is a basket of S&P 500 stocks, minus the ones he deems so “woke” that they attack traditional values of free speech and individual liberty. As of the end of September, the ETF boasts more than 5,000 investors and in its first 11 months it has nearly matched the performance of the S&P 500, which is up 33....