Absolute Select Value ETF
ABEQ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 82 S Barrett Square, Unit 2G Rosemary Beach FL United States of America 32461
- IPO Date
- Jan 22, 2020
- CIK
- 0001199046
- Website
- etfdb.com
- Similar Companies
- Business
- Absolute Select Value ETF (ABEQ) is an actively managed exchange-traded fund that employs an absolute return mindset to long-only value investing, emphasizing proven business models priced at a substantial discount to conservative estimates of fair value. The Fund seeks positive absolute returns through a concentrated portfolio of U.S. and Canadian equities, including holdings such as Franco-Nevada Corporation, Agnico Eagle Mines Limited, Enbridge Inc., Medtronic plc, and The Travelers Companies, Inc., alongside U.S. Treasury securities and bills for liquidity and risk management; its methodology blends fundamental analysis, discipline, and patience, with a willingness to hold cash in the absence of compelling opportunities. Launched on January 21, 2020, and listed on NYSE Arca, ABEQ is advised by Absolute Investment Advisers LLC, headquartered in Rosemary Beach, Florida, with additional offices in Dover, New Hampshire, and sub-advised by St. James Investment Company, based in Dallas, Texas. The Fund is administered by Ultimus Fund Solutions, LLC and distributed by Northern Lights Distributors, LLC, targeting investors seeking capital preservation and alpha generation independent of broad market performance. As of December 2024, assets under management stand at approximately $86 million, with a net expense ratio of 0.85%. No major partnerships, acquisitions, funding rounds, product launches, or strategic shifts have been reported for the Fund or its advisers in the last 1-2 years.