- What does EBI invest in?
- EBI provides broad exposure to the US equity market by investing in companies regardless of their market-cap, sector, and industry group. What sets it from other ETFs is that it specifically selects companies expected to have higher returns based on their profitability-to-value ratios. It may also consider several other factors for selection including industry classification, price momentum, liquidity, float, securities lending and its investment characteristics. The fund uses an integrated investment approach combining research, portfolio design, portfolio management, and trading functions. However, due to its active management, investment decisions and allocation adjustments are at the discretion of the adviser. The fund may engage in lending activities as well to generate additional income. It may lend its portfolio securities up to 33 1/3% of its total assets if it receives liquid collateral equal to at least 102% of the value of the securities being lent.
- What is the expense ratio of EBI?
- Longview Advantage ETF (EBI) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is EBI?
- Longview Advantage ETF (EBI) manages $562.3M 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 EBI actively managed or an index fund?
- EBI is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (EBI's is 0.25%) in exchange for the discretion to over- or under-weight positions.
- When was EBI launched?
- Longview Advantage ETF (EBI) launched in May 2018 and is managed by Longview.
- How has EBI performed?
- EBI'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.
