ETF profile for Convergence Long/Short Equity ETF (CLSE) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
CLSE ETF Profile
| Family: |
Convergence Investment Partners |
| Name: |
Convergence Long/Short Equity ETF |
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| Inception Date: |
19-Feb-2022 |
| Termination Date: |
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| Investment Objective: |
The Convergence Long/Short Equity ETF seeks to provide a greater return potential than traditional approaches while reducing risk. The fund endeavors to provide a more material and consistent alpha through its proprietary fundamental ranking process from both its long and short holdings over a market cycle. The objective of the Convergence Long/Short Equity ETF is to pursue long term capital growth while minimizing volatility. |
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| Prospectus |
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| Top 10 Holdings |
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| Cash & Other |
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40.9200% |
| NVIDIA Corp |
NVDA |
5.9600% |
| Alphabet Inc |
GOOGL |
3.4500% |
| Amazon.com Inc |
AMZN |
3.4200% |
| Micron Technology Inc |
MU |
3.1900% |
| Alphabet Inc |
GOOG |
3.1500% |
| Apple Inc |
AAPL |
2.9000% |
| Broadcom Inc |
AVGO |
2.6000% |
| Advanced Micro Devices Inc |
AMD |
2.4200% |
| Fortinet Inc |
FTNT |
2.2400% |
|
Top 10 Holdings Weight: |
70.3% |
| Number of Holdings: |
360 |
| Shares Outstanding: |
30,437,329 |
| Total Net Assets: |
1,016,606,784 |
| NAV: |
33.38 |
| Net Expense Ratio: |
1.52% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Long-Short strategy |
| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Broad Market / Multi-Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
