GreenFi Redwood Fund
REDWX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Francisco, CA 94111 Los Angeles CA United States of America 90071
- IPO Date
- Nov 16, 2015
- CIK
- 0001594854
- Website
- capitalgroup.com
- Similar Companies
- Business
- GreenFi Redwood Fund (REDWX) is an open-end mutual fund that seeks to maximize total return through capital appreciation and current income by investing primarily in equity securities traded on U.S. markets, including those of U.S. and non-U.S. issuers selected for their fundamental valuation profiles and sustainability factors such as environmental, social, and governance performance. The fund's core offerings encompass dividend-paying securities, common stock, preferred stock, equity securities of real estate investment trusts, shares of investment companies, convertible securities, warrants, rights, and exchange-traded derivatives including futures and forward currency agreements used for risk management, hedging currencies, earning income, enhancing returns, or replacing traditional investments; it applies positive screening for attractively valued sustainable companies and negative screening to exclude issuers deriving more than 5% of sales from alcohol, tobacco, defense, nuclear, genetically modified organisms, water bottles, gambling, or pornography, as well as all firearms issuers and MSCI-defined energy sector companies. A series of GreenFi Funds Trust, formerly Aspiration Funds, the fund targets investors seeking large blend exposure with fossil-free and socially responsible characteristics, operating from headquarters at 4640 Admiralty Way, Suite 725, Marina del Rey, California 90292, with net assets of approximately $148.67 million as of recent reports. In recent major developments, the fund rebranded from Aspiration Redwood Fund to GreenFi Redwood Fund effective April 21, 2025, alongside the trust's name change from Aspiration Funds to GreenFi Funds Trust, reflecting the broader transition of Aspiration's consumer finance operations into the independent GreenFi platform following Mission Financial Partners' 2024 acquisition of those assets. On October 10, 2024, Mission Investment Advisors LLC replaced Aspiration Fund Adviser LLC as investment adviser, with a 0.50% advisory fee and UBS Asset Management (Americas) Inc. continuing as sub-adviser under a new agreement, while the total annual operating expenses were capped at 0.50% via waivers and reimbursements. These changes opened the fund to non-clients of the adviser, eliminated the prior "Pay What Is Fair" fee model, and supported GreenFi's $17 million seed funding round in April 2025 led by Mission Financial Partners to accelerate sustainable banking and investment product development. The fund, part of a Delaware statutory trust established October 16, 2013, with operations commencing November 16, 2015, maintains a focus on U.S.-centric equity markets while accessible to retail investors nationwide through its distributor, Aspiration Financial LLC (member FINRA/SIPC).