The Longview Advantage ETF: Your Fund, Built for the Long View
We created the Longview Advantage ETF (EBI) to give our clients the best of evidence-based investing at the lowest possible cost. In this update, Matt Hall and Matt Zenz share how it’s working.
TRANSCRIPT
Matt Hall:
Okay, I told you we’re gonna do more videos. We’re doing another video. I’m here with Matt Zenz, CIO of Hill Investment Group, and the architect of our ETF. We thought it might be fun for you and important to just know a little bit more about the Longview Advantage, ETF. And Matt, one of the things that we’re really proud of that we haven’t communicated maybe to our audience is the Longview Advantage.
ETF symbol EBI is getting a lot of attention. What should our clients know about it? What’s the most important thing they should understand?
Matt Zenz:
Yeah, I think there’s kind of two different ways to look at this. The first is, as an evidence-based investor, which we all are, all of our clients are, is that you win because this is designed better. We combined all of the most compelling ideas across the evidence-based community into one fund. And then we’re implementing it without compromise. Because we’re smaller, which we all are, all of our clients are, is that you win because this is designed better. We combined all of the most compelling ideas across the evidence-based community into one fund. And then we’re implementing it without compromise.
Because we’re smaller, because we’re more nimble, we’re able to more effectively go after what the evidence says. You’re able to pick up the pennies, and that means wins means higher returns for you as a client, but then also as a client of Hill Investment Group, you get to win again because you get this strategy at cost. We don’t charge our clients for it. So that means we run it at the lowest possible cost to our end clients. Our clients save about a half a million dollars a year in fees because they’re, because they aren’t paying what they were paying before some of the other managers. And so you get to win both on the structure of the fund and also the cost of the fund.
Matt Hall:
Yeah. Well that’s obviously a home run. And how has it performed since February? Since it launched?
Matt Zenz:
It performed exactly as it was designed, on par with what we would expect based on how we designed the strategy.
We want to emphasize smaller, deeper value, more profitable companies. We’ve been able to do that as a structure, and the performance has been exactly in line with what you would expect for that type of portfolio.
Matt Hall:
Awesome. Well, thanks for sharing that. To all of our clients, thank you for your support. We’ve had unbelievable confidence in the strategy and just wanted to share this update with you. Let us know if you have any other questions.
