Welcome to our dedicated page for Strive International Developed Markets ETF news (Ticker: STXI), a resource for investors and traders seeking the latest updates and insights on Strive International Developed Markets ETF stock.
Strive International Developed Markets ETF (STXI) is an exchange-traded fund launched by Strive Asset Management, a rapidly growing financial services firm dedicated to maximizing shareholder value through unapologetic capitalism. With a strategic focus on international markets, STXI offers investors passive exposure to large and mid-cap companies outside the U.S., tracking the Bloomberg Developed Markets ex US Large & Mid Cap Total Return Index.
This ETF is designed to be a cost-effective addition to any balanced investment portfolio. By leveraging Strive's aggressive proxy voting and shareholder engagement, STXI aims to unlock value by encouraging companies to prioritize investors' financial interests over all other considerations.
Founded in 2022 by Vivek Ramaswamy, Strive has quickly grown to manage $1.5 billion in assets. The firm’s unique approach has enabled it to compete with the largest financial institutions by focusing solely on the maximization of shareholder value. Recent achievements include the launch of their thirteenth fund, the continued success of the Strive U.S. Energy ETF (DRLL), and the newly introduced Strive Pooled Employer Plan (Strive PEP) for businesses of all sizes.
Matt Cole, CEO of Strive, highlighted the firm's commitment to its investors by stating, "This cost-effective index fund offers exposure to the international market, a key aspect of any balanced investment portfolio. Yet, this fund also comes with all the added benefits that Strive is known for: an unshakeable focus on investors' financial interests and aggressive pro-shareholder proxy voting and engagement."
With future plans for major expansion, Strive continues to set itself apart by advocating for pro-capitalism and pro-meritocracy financial services. For more information, investors are encouraged to visit the official Strive website or contact their financial advisors.
Strive Asset Management, a $1.5 billion asset manager, has announced the launch of its latest fund, the Strive International Developed Markets ETF (NYSE: STXI), on June 27, 2024. The ETF tracks the Bloomberg Developed Markets ex US Large & Mid Cap Total Return Index, offering passive exposure to international markets outside the U.S. The fund integrates Strive's proxy voting and shareholder engagement strategies, focusing on maximizing investor value. Strive's CEO, Matt Cole, emphasized the fund's cost-effectiveness and benefits for a balanced investment portfolio. This launch follows Strive surpassing $1.5 billion in assets under management and the introduction of new retirement plans earlier this year.
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