Please could you add PAVE to Freetrade? I’ve been conducting my own due diligence and think that this fund is unique. I couldn’t find any other ETF that is providing exposure to play the US infrastructure bill like this ETF.
- The index methodology states that underlying companies need over 50% of revenues need to be made in the US rather than globally.
- Biden’s plan has underlying tones that it will be directing investment to areas that are more domestically focused to keep jobs and $ within the US, hence why the above is important.
- PAVE is unique as unlike other infrastructure funds it avoids energy and utilities companies and rather invests in 1) companies involved in the construction and engineering of infrastructure projects; 2) the production of raw materials, composites and products used in building infrastructure projects; 3) producers and distributors of heavy construction equipment; and 4) companies engaged in the transportation of materials use in infrastructure projects.
When I looked at iShares US Infrastructure ETF it has over 40% weighted to utilities vs PAVE which has only 3%!
Anyway, please let me know what you think. Would love for this ETF to be added!