Strive Launches Strive 500 ETF (NYSE: STRV), Mandating the Top 500 U.S. Companies to Focus on Excellence Over Politics

Strive believes that pro-fiduciary shareholder engagement can positively impact corporate performance

Strive sends shareholder letters to Disney and Apple in first act of corporate engagement on behalf of STRV investors

Strive delivers a new mandate to corporate America: hiring should be based on merit, not social agendas

COLUMBUS, Ohio--(BUSINESS WIRE)-- Strive Asset Management (“Strive”) launches its second index fund, the Strive 500 ETF (NYSE: STRV, expense ratio: 0.0545%), which seeks to track the returns of the Solactive GBS United States 500 Index. STRV provides diversified large-cap exposure to established U.S. corporations at a competitive rate.

Strive, through its approach to proxy voting and shareholder engagement, aims to unlock value for investors by mandating companies to focus on maximizing value over all other agendas. Strive believes that pro-fiduciary shareholder engagement can positively impact the risk-return profile of a corporation for investors. Strive’s priority is to serve its clients’ financial interests without regard to social or political objectives.

“Our message to America’s largest companies is simple: focus on your mission, not someone else’s social agenda. Hire talent based on merit over other social factors. We hope to drive positive change through our shareholder engagement,” said Vivek Ramaswamy, executive chairman and co-founder of Strive.

Strive sent shareholder letters to Disney and Apple, two of the world’s largest companies. This follows Strive’s September 6^th shareholder letter to the board of directors of Chevron. These three companies are included in the holdings of the Strive 500 ETF, and all three letters are available on www.strive.com.

The Solactive GBS United States 500 Index highlights the largest 500 companies in the U.S. stock market and is based on the Solactive Global Benchmark Series. Constituents are selected based on company market capitalization and weighted by free-float market capitalization. The index is calculated based on price return in USD and is reconstituted quarterly. The benchmark does not pursue any environmental, social, governance (ESG) objectives, nor does it align with the objectives of the Paris Agreement. Investors can learn more at www.strivefunds.com/strv.

About Strive Asset Management

Strive is an Ohio-based asset management firm whose mission is to restore the voices of everyday citizens in the American economy by leading companies to focus on excellence over politics. Strive will compete directly with the world’s largest asset managers by launching funds that advance “Excellence Capitalism” in boardrooms across corporate America. The company was co-founded by Vivek Ramaswamy and Anson Frericks in 2022. Learn more at www.strive.com.

IMPORTANT INFORMATION

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 855-427-7360 or visit our website at www.strivefunds.com. Read the prospectus or summary prospectus carefully before investing.

Investments involve risk. Principal loss is possible. Large Capitalization Companies Risk. Large-capitalization companies may trail the returns of the overall stock market. Large-capitalization stocks tend to go through cycles of doing better – or worse – than the stock market in general. Equity Investing Risk. An investment in the Fund involves risks similar to those of investing in any fund holding equity securities, such as market fluctuations, changes in interest rates and perceived trends in stock prices. The values of equity securities could decline generally or could underperform other investments. Index Calculation Risk. The Index relies on various sources of information to assess the criteria of issuers included in the Index, including fundamental information that may be based on assumptions and estimates. New Fund Risk. The Fund is a recently organized management investment company with limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decision.

Strive Asset Management, LLC is the sub-adviser for the Fund, and has been given the responsibility to vote proxies related to the securities held by the Fund, pursuant to its Proxy Voting Policies and Procedures (Proxy Policy). Information about the delegation of voting responsibility and Strive’s Proxy Policy can be found in the Fund’s Statement of Additional Information, here.

Holdings are subject to change. STRV’s current holdings can be found here.

ESG investing is defined as utilizing environmental, social, and governance (ESG) criteria as a set of standards for a company’s operations that socially conscious investors use to screen potential investments.

The Strive ETFs are distributed by Quasar Distributors, LLC.

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Source: Strive Asset Management