Bastion Energy ETF

Cboe: BESF

Listed June 04, 2025

Methodology

We are long-term, fundamental value investors. The Bastion Energy ETF invests in the energy sector primarily and seeks to find the best managed companies with the most attractive internal economics and lowest risk adjusted valuations. We attempt to identify growing businesses, managed to benefit their shareholders, operating in commodity markets with structural supply issues relative to expected demand. We then purchase stock in those businesses only when priced substantially below our estimate of intrinsic value, early in the commodity cycle. After purchase, we patiently wait for the gap between stock price and intrinsic value to close.

While the fund can invest in any sector, it will generally skew most heavily towards energy. It also may include mining and metals, renewables, battery storage, and industrials on an opportunistic basis. The fund is long-only, uses no leverage, and generally seeks to maintain a concentrated portfolio of twenty to thirty U.S. listed equity securities. Market capitalizations can include small-, mid-, and large cap firms, although holdings will generally be no less than $500 million.

Why purchase this ETF?

For actively managed, long-term exposure to well-managed, fundamentally undervalued companies in the energy sector.

Fund Objective

The Bastion Energy ETF seeks to achieve long-term capital appreciation.