The VistaShares Target 15™ ACKtivist Distribution ETF (ACKY) provides a core equity portfolio generally mirroring top publicly disclosed holdings of Pershing Square Capital while active options overlay seeks an annual income target of 15%
VistaShares, an innovative asset manager seeking to disrupt the status quo in thematic exposures, income investing, and more, is today introducing its newest ETF: the VistaShares Target 15™ ACKtivist Distribution ETF (ACKY).
ACKY is an actively managed ETF that seeks to provide core equity exposure through a systematic selection process that mirrors Pershing Square Capital’s publicly disclosed holdings, while also pursuing 15% annual income, distributed monthly, through an options-based investment strategy.*
The fund’s design is similar in approach to that which underpins the VistaShares Target 15™ Berkshire Select Income ETF (OMAH).
OMAH began trading on March 5th of this year and in just a few months has already gathered nearly $500 million in assets while also delivering its target distribution each month since going live.
At launch, OMAH brought an entirely new approach to the fast-growing category of equity- and options-powered strategies as it provides investors with exposure to an equity portfolio designed to reflect a select group of the publicly disclosed investments of Berkshire Hathaway while an actively managed options overlay aims to achieve an annual income target of 15%, distributed 1.25% monthly.
“The acumen of some of history’s most prominent investors can play a significant role in how investors of all types and sizes construct their core equity holdings,” said Adam Patti, CEO of VistaShares. “At the same time, investors now have access to some of the most experienced options investing pros in the space. That combination allows for the construction of portfolio building blocks that can solve some of today’s most vexing investment challenges. We’ve been thrilled by the response that OMAH has received and are equally excited to be launching ACKY.”
For more information and updates from VistaShares, please visit www.VistaShares.com and follow the firm on Linkedin @VistaShares, and on X @VistaSharesETFs.
*ACKY is not affiliated with Pershing Square Capital or Bill Ackman.
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