COLUMBUS, Ohio, April 11,
2024 /PRNewswire/ -- Today, Strive Asset Management
("Strive"), a leading provider of shareholder-focused investment
solutions, announced the launch of its twelfth fund, the Strive
Mid-Cap ETF (NYSE: STXM), which offers Strive investors access to
the middle 400 corporations by market cap of the Bloomberg US 1500
Index.
STXM joins the Strive 500 ETF (STRV) and Strive Small-Cap ETF
(STXK) to complete the company's market cap series and provide
investors access to the entire Bloomberg US 1500 Index. STXM will
also deliver to investors Strive's proxy voting and shareholder
engagement, which aims to unlock value for investors by advocating
that companies focus on maximizing value over all other
considerations.
"Like all our products, Strive's new mid-cap fund, STXM, is
strictly focused on maximizing shareholder value," said
Matt Cole, Strive CEO and CIO. "This
is an exciting time at Strive. We look forward to building on our
successes from 2023 with a major expansion announcement in the
coming months, which serves as a testament to the extraordinary
demand for pro-capitalism and pro-meritocracy financial
services."
Earlier this year, the company became the first ETF issuer to
consolidate their entire portfolio on the NYSE floor, a premium
service that improves the bid/ask spreads of ETFs. Strive also
announced a new retirement plan for businesses small to large, the
Strive Pooled Employer Plan (Strive PEP), and launched tax-loss
harvesting separately managed accounts (SMAs).
Investors can learn more about STXM at
www.strivefunds.com/STXM.
About Strive
Strive is an Ohio-based asset management firm whose mission
is to maximize shareholder value by leading companies to focus on
excellence. The firm competes directly with the world's largest
asset managers by offering funds that allow investors to maintain
exposure to key asset classes with Strive's pro-shareholder
approach. Learn more at strive.com.
Investors should consider the investment objectives, risks,
charges and expenses carefully before investing. For a prospectus
or summary prospectus with this and other information about the
Fund, please call 855-427-7360 or visit our website at
www.strivefunds.com. Read the prospectus or summary prospectus
carefully before investing.
Important Risks
An investment in the Fund involves risk. There is no assurance
that the Fund will achieve its investment objective. An investor
may lose money by investing in the Fund. An investment in the Fund
is not a bank deposit and is not insured or guaranteed by the FDIC
or any government agency.
Additional risks for STXM can be found here.
The Strive ETFs are distributed by Quasar Distributors, LLC.
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SOURCE Strive Enterprises, Inc.