MNVT
MOONVEST ETF
Moonvest
ETF
An actively managed fund focusing on investing in undervalued
companies with the goal of generating strong returns for shareholders.
The Moonvest ETF (the “Fund”)
seeks to achieve long term capital appreciation.
Our Methodology
We investigate stocks which are down significantly from 52-week highs, and evaluate whether the reasons are due to short-term problems or structural headwinds. This requires deep analysis and a realistic view of the headwinds and tailwinds facing the companies. We also consider how a stock fits in with our overall portfolio, to ensure we don’t have an over-concentration on certain industries. Many retail investors like our methodology and have requested us to create an ETF.
Additionally, the 2 portfolio managers are together seeding the ETF with $10M+ of our personal capital. So, in addition to being portfolio managers, we’ll be shareholders too and will ensure that the firm is shareholder friendly.
Our background as software engineers has helped us deeply evaluate business moats and engineering quality. We have a strong sense of how technology is evolving and which companies could be well positioned to capture the next wave of innovation potential.
Venkatesh Basker
Co-Founder & Portfolio Manager
Worked at Google and Uber for 12.5 years, latest as Senior Engineering Manager at Google. Mr. Basker managed a team of 25 software engineers to maintain the Google Ads Reporting system.
Prior to his professional career in the US, Mr. Basker represented India in several prestigious programming competitions like ACM ICPC World Finals, International Olympiad for Informatics.
These experiences provided a strong logic and mathematical background. Mr. Basker has been investing in stocks since 2012 and has researched business news and evaluated investment opportunities frequently for over a decade.
Alex Guo
Co-Founder & Portfolio Manager
Worked at Google and Yahoo for 8.5 years, latest as a Tech Lead Manager at Google. Mr. Guo led a team of 6 engineers to power Google’s massive data processing systems.
Beyond engineering, Mr. Guo is a sophisticated investor with a decade-long track record of market-beating returns. In 2025, Mr. Guo translated his data-driven, contrarian insights into a thriving community of 40,000 followers on RedNote.
He is recognized for his contrarian investment philosophy and his unique ability to bridge the gap between complex data processing and actionable market strategy.
Why invest in MNVT
High risk high reward potential: Strategic exposure to undervalued, “beaten-down” small & mid cap companies positioned for outsized returns.
Global Sector Breadth:The ETF holds stocks across several industries and geographies in an effort to mitigate volatility.
Fund Details
Fund Documents
Current Nav and Market Price
Month End Performance
| As of Date | 03/31/2026 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MNVT | MKT | -5.15 | 03/31/2026 | ||||||||
| MNVT | NAV | -5.16 | 03/31/2026 |
Quarter End Performance
| Field | Value |
|---|---|
| As of Date | 03/31/2026 |
| Fund Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MNVT | MKT | -5.15 | 03/31/2026 | ||||||||
| MNVT | NAV | -5.16 | 03/31/2026 |
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. The Fund is new and therefore does not have a performance history for a full calendar year as most recent quarter end.
Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. YTD is year-to-date and ITD is inception-to-date.
NAV return represents the closing price of the underlying securities.
Historical Premium/Discount
The Premium/Discount shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The table shows the premium or discount of the mid-point price as a percentage of the NAV as well as the number of trading days the Fund traded within the given premium/discount range.
Completed Calendar Quarters of the year
| Year | Quarter | Days Traded at Premium | Days Traded at Discount |
|---|---|---|---|
| 2026 | 1 | 9 | 0 |
Most Recent Completed Calendar Year
| Days Traded at Premium | Days Traded at Discount |
|---|---|
Fund Distribution
| Ex Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Total Capital Gain | Total Distribution |
|---|---|---|---|---|---|---|---|
Fund Holdings
| TICKER | NAME | CUSIP | SHARES | PRICE | Market Value ($mm) | % OF NET ASSETS | EFFECTIVE_DATE |
|---|---|---|---|---|---|---|---|
| SRPT | Sarepta Therapeutics Inc | 803607100 | 105,169 | 21.18 | 2.23 | 6.47 | 04/13/2026 |
| NBIS | Nebius Group NV | N97284108 | 18,840 | 144.97 | 2.73 | 7.93 | 04/13/2026 |
| WIX | Wix.com Ltd | M98068105 | 18,517 | 65.13 | 1.21 | 3.50 | 04/13/2026 |
| PGY | Pagaya Technologies Ltd | M7S64L123 | 120,936 | 11.69 | 1.41 | 4.11 | 04/13/2026 |
| ODD | Oddity Tech Ltd | M7518J104 | 98,813 | 14.53 | 1.44 | 4.17 | 04/13/2026 |
| GCT | GigaCloud Technology Inc | G38644103 | 31,066 | 44.55 | 1.38 | 4.02 | 04/13/2026 |
| DLO | Dlocal Ltd/Uruguay | G29018101 | 105,812 | 13.12 | 1.39 | 4.03 | 04/13/2026 |
| Cash&Other | Cash & Other | -13,312 | 1.00 | -0.01 | -0.04 | 04/13/2026 | |
| WRD | WeRide Inc | 950915108 | 187,268 | 7.50 | 1.40 | 4.08 | 04/13/2026 |
| UDMY | Udemy Inc | 902685106 | 294,134 | 4.29 | 1.26 | 3.67 | 04/13/2026 |
| SMCI | Super Micro Computer Inc | 86800U302 | 53,053 | 25.26 | 1.34 | 3.89 | 04/13/2026 |
| SMPL | Simply Good Foods Co/The | 82900L102 | 91,424 | 10.44 | 0.95 | 2.77 | 04/13/2026 |
| ARRY | Array Technologies Inc | 04271T100 | 179,767 | 7.16 | 1.29 | 3.74 | 04/13/2026 |
| RDW | Redwire Corp | 75776W103 | 255,431 | 9.29 | 2.37 | 6.89 | 04/13/2026 |
| RCAT | Red Cat Holdings Inc | 75644T100 | 164,368 | 12.37 | 2.03 | 5.91 | 04/13/2026 |
| OSCR | Oscar Health Inc | 687793109 | 116,568 | 14.45 | 1.68 | 4.89 | 04/13/2026 |
| SMR | NuScale Power Corp | 67079K100 | 126,979 | 9.21 | 1.17 | 3.40 | 04/13/2026 |
| KSS | Kohl's Corp | 500255104 | 106,506 | 13.28 | 1.41 | 4.11 | 04/13/2026 |
| IONQ | IonQ Inc | 46222L108 | 46,893 | 28.79 | 1.35 | 3.92 | 04/13/2026 |
| FLNC | Fluence Energy Inc | 34379V103 | 182,474 | 13.78 | 2.51 | 7.30 | 04/13/2026 |
| FGXXX | First American Government Obligations Fund 12/01/2031 | 31846V336 | 20,895 | 100.00 | 0.02 | 0.06 | 04/13/2026 |
| CLSK | Cleanspark Inc | 18452B209 | 250,734 | 10.02 | 2.51 | 7.30 | 04/13/2026 |
| CHA | Chagee Holdings Ltd | 15743P104 | 134,863 | 9.83 | 1.33 | 3.85 | 04/13/2026 |
Fund holdings are subject to change and are not recommendations to buy or sell any security.