Strive Asset Management is a shareholder of Salesforce, which is the number 1 customer relationship management platform in the world. Strive was created with the aim to offer an opportunity to fellow Americans to easily be part of the stock market without being involved in politics.
Before the emergence of Strive Asset Management, several Americans used to invest in the stock market by choosing large asset managers without knowing they were being tricked.
Although such asset managers charge low fees, there will be a hidden cost that not many know about. Even worse, they mix politics with businesses affecting the entire quality of American companies.
That is where the significance of Strive applies as they solve the key problem by creating index funds that deliver Strive messages directly to American public companies.
What Is Strive?
Strive is an Ohio-based asset management company that operates with an aim to fulfill the investment needs of its customers by depoliticizing corporate America.
With the hope to create a unified private sector, Strive thrives to bring together customers regardless of their beliefs and backgrounds in order to improve the lives of both customers and shareholders.
What Does Strive Asset Management Do?
Since Strive is an asset management firm, its primary mission is to guide American companies to engage in excellence, by moving away from politics.
Basically, Strive assists everyday Americans who do not want their businesses to get mixed with politics, to efficiently invest in the stock market as well as to manage their assets.
Further functions similar to the existing large asset managers as Strive also offers investment options at identical fees. But there is still a distinction between the two, which is Strive’s unique approach.
Furthermore, asset management takes their fiduciary duty seriously, meaning their advocacy and voting decisions are made by maximizing the client’s interest. Moreover, advancing social objectives serves as its backbone since the firm does always look for the benefit of society in every deal it engages in.
Also, Strive’s investment products include bad-acting companies as they firmly believe in engagement over divestment. Apart from that, each vote from each shareholder is used in such a way that they enhance positive behavior by enhancing Excellence Capitalism.
It is basically a brand-new movement that enables companies to mainly focus on delivering superior products to clients’ overall categories.
Who Owns Strive Asset Management?
Strive Asset Management is owned by Vivek Ramaswamy after he founded Roivant Sciences and other multi-billion dollar enterprises.
He initially worked as a hedge fund partner. The billionaire is not only numerically rich, but he also has an abundance of knowledge as Vivek has a law degree from Yale University and a master’s degree in summa cum laude from Harvard.
Strive Excellence Capitalism
According to Strive, companies can maximize their shareholder’s value when they are mission-driven, customer-centric, meritocratic, financially disciplined, and consistently innovative.
The five pillars of Excellence Capitalism drive Strive’s decision. These pillars are also structured in a way that it helps shareholders to get their values increased with no mixed motivations driven by political factors.
ETFs Offered By Strive
Exchange Traded Fund is a product offered by Strive Management Assets.
There is a string of ETFs provided by Strive including;
- Strive US Energy ETF
- Strive 500 ETF
- Strive 1000 Growth ETF
- Strive US Semiconductor ETF
- Strive Small-Cap ETF
- Strive 1000 Value ETF
- Strive 1000 Dividend Growth ETF
- Strive Emerging Markets Ex-China ETF
- Strive US Energy ETF
It functions with an objective to seek broad market exposure within the US energy sector including crude petroleum, wind, solar, geothermal, hydroelectric power, bituminous coal, and natural gas.
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- Strive 500 ETF
It is a passively managed ETF that operates with a fund objective to see market exposure to at least 500 of publicly traded stocks in the United States.
- Strive 1000 Growth ETF
It is another passively managed ETF that looks for exposure to US equities that are capable of exhibiting growth characteristics.
- Strive US Semiconductor ETF
As the name suggests, Strive US Semiconductor ETFs focus on seeking exposure to the US semiconductor sector.
- Strive Small-Cap ETF
Unlike the other ETFs provided by the asset management firm, Strive Small-Cap ETF aka STXK is a passively managed ETF that seeks exposure to the smallest 600 corporations, based on the Bloomberg US 1500 Index.
- Strive 1000 Value ETF
Strive 1000 Value ETF aka STXV aims to seek exposure to US equities that are capable of exhibiting value characteristics.
- Strive 1000 Dividend Growth ETF
Only the US equities that have a history of growing dividends are focused on by STXD. And, it is needless to mention that Strive 1000 Dividend Growth ETF is a passively managed Exchange Traded Fund.
- Strive Emerging Markets Ex-China ETF
STXE aka Strive Emerging Markets Ex-China ETF looks for large as well as mid-capitalization equity securities across different market economies including China.
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