Absolute Select Value ETF

Frequently Asked Questions About ABEQ

What does ABEQ invest in?

ABEQ uses a proprietary five-stage process to actively manage its portfolio. This process is used to identify, purchase, and sell companies that the funds sub-adviser believes are fundamentally attractive and will yield positive returns in all market conditions, over complete market cycles, net of fees and expenses, and not returns that outperform a specific benchmark. The fund primarily invests in US companies of any market capitalization and in any sector, which are selected based on company-by-company analysis. With this bottom-up approach, the fund could be overweight in certain market sectors. In seeking to protect principal or if there are not sufficient companies at valuations appropriate for investment, ABEQ may also invest all or substantially all of its assets in cash and cash-like securities or ETFs.

What is the expense ratio of ABEQ?

Absolute Select Value ETF (ABEQ) charges an expense ratio of 1.13%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ABEQ?

Absolute Select Value ETF (ABEQ) manages $144.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ABEQ actively managed or an index fund?

ABEQ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ABEQ launched?

Absolute Select Value ETF (ABEQ) launched in January 2020 and is managed by Absolute.

How has ABEQ performed?

ABEQ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.