Bringing you live news and features since 2006 

AmericaFirst launches large cap share buyback fund

RELATED TOPICS​

Working on the assumption that a company’s management team knows more about its future than any Wall Street analyst, AmericaFirst has launched the AmericaFirst Large Cap Share Buyback Fund.

“The Fund is very unique in that it combines the historical advantages of share buyback with other time-tested strategies such as price momentum, low beta and earnings growth. Currently, the fund owns an equal-weighted portfolio of 25 large company stocks with an average buyback ratio exceeding 5 per cent,” says Rick Gonsalves (pictured), the Fund’s Portfolio Manager. “In essence, the Large Cap Share Buyback Fund invests in companies confident enough to invest in themselves.
 
“Numerous studies have shown that companies who purchase their own shares of stock over a 12-month timeframe have outperformed the broad indices with less downside risk. Many of these same studies are quick to point out that companies with over a 5 per cent buyback ratio tend to outperform even further.”
 
AmericaFirst Capital Management is a Sacramento, California-based Registered Investment Advisor established in 2007 that manages six mutual funds and has sub-advised nearly 20 unit investment trusts. Gonsalves is the Portfolio Manager and has won numerous awards for performance versus peers.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by