No. of Recommendations: 2
New SEC filing for the MAGA Seven ETF targets stocks poised to benefit from Trump policies
Amid the political shifts of the Trump administration, Defiance ETFs has filed with the U.S. Securities and Exchange Commission to launch a new, politically driven exchange traded fund: The Defiance MAGA Seven ETF (MAGT).
Per the SEC filing, MAGT will be an actively managed fund that aims to invest in companies likely to benefit from the economic and policy changes during the Trump administration and its potential future effects. The ETF’s portfolio will include seven companies, known as the "MAGA Seven," chosen for their focus on key areas like deregulation, economic growth, energy independence, infrastructure projects, AI development, and national security.
With an equal-weighted portfolio, the fund aims to capitalize on opportunities in industries set to thrive under these policies.
Furthermore, at this point in time no expense ratio or holdings have been listed.
MAGT is not the only ETF filing with the SEC that looks to capitalize off the newest Trump administration. Roundhill Investments has put out a proposal for the Roundhill U.S. Sovereign Wealth Fund ETF (SWF).
