The reorganization marks a strategic consolidation for the Truth Social Funds family, which currently manages seven distinct ETFs. By absorbing the fund originally launched in 2017 by Hal Lambert, the platform aims to centralize its "America First" investment offerings. Lambert will remain involved as a sub-adviser through Point Bridge Capital, providing continuity for existing shareholders who have tracked the fund’s rules-based screening process since its inception.
Truth Social Funds Expands Portfolio With Acquisition of MAGA ETF
Yorkville America Equities has finalized its acquisition of the Point Bridge America First ETF, folding the legacy fund into the Truth Social platform. Now trading under the ticker MAGA on NYSE Arca, the fund joins a growing suite of investment products designed to align portfolios with Republican-leaning corporate contributions.
The MAGA ETF identifies U.S.-listed companies based on historical campaign contributions from employees and political action committees, targeting firms that support Republican candidates and national economic priorities. With an expense ratio of 0.72%, the fund continues its focus on domestic leadership, energy independence, and national security. Steve Neamtz, President of Yorkville America Equities, noted that the integration aligns the platform with the pioneers of this niche investment strategy. This expansion follows the introduction of the Truth Social God Bless America ETF (YALL), further cementing the firm's position in the political-alignment investment market.
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