Who advises on the portfolio holdings in TOV?
TOV employs a passive management approach to track the JLens 500 Jewish Advocacy U.S. Index (“JLens 500 Index” or “Index”). Developed by JLens in 2024, the JLens 500 Index is administered and calculated by VettaFi LLC. The Index is designed to provide exposure to large cap U.S. equity securities included in the VettaFi US Equity Large-Cap 500 Index, aligned with JLens’ Jewish value pillars. JLens established the Index Advisory Committee (the “Committee”) to oversee the Index’s development, maintenance, and governance. The Committee ensures transparency, consistency, and alignment with the Index’s objective.
Who will be the fund adviser / primary portfolio manager(s)?
Empowered Funds (dba ETF Architect, or “EA”) is the investment adviser for the TOV ETF. EA manages 66 ETFs with over $14.3 billion in AUM (as of 2/11/25). As the adviser to the Fund, EA is responsible for TOV’s trading and execution management, regulatory filings and fund compliance management, custody, and administration services (including daily NAV reconciliation), as well as governance via a board of independent trustees that represent TOV’s shareholders. U.S. Bank Fund Services is the administrator, fund accountant, and transfer agent for the funds on the ETF Architect platform, and its affiliated entity, U.S. Bank National Association serves as the custodian for the funds. U.S. Bank is recognized as one of the largest fund administrators and custodians with more than 4,500 clients and assets under custody and administration of over $10 trillion. JLens is the sub-adviser to the ETF whereby EA delegates to JLens the authority to carry out its mission of shareholder advocacy to support Jewish values through voting proxies and filing shareholder proposals.