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Trump Media and Technology Group (TMTG), along with its tech-driven counterparts like Truth+ and Truth.Fi, announced on Tuesday a multi-firm partnership that will launch a “new suite of Truth Social-branded Separately Managed Accounts” in 2025.
TMTG is most prominently known as the parent company of President Donald Trump’s social media platform, Truth Social.
This new partnership between TMTG, Yorkville America Equities, and Index Technologies Group will “offer investors access to curated, thematic investment strategies rooted in American values and priorities,” according to a press release from the company.
“We’re moving forward with a series of America First investment products that meet investors’ demand to support a wide range of outstanding, non-woke, and innovative companies across key sectors of the U.S. economy,” TMTG CEO and Chairman Devin Nunes explained in a statement.
For reference, SMAs are “diversified baskets of stocks or bonds managed by teams of professionals,” according to J.P. Morgan. This new financially-fueled business foray marks the second major expansion into this field for TMTG, following the company’s launch of the FinTech brand Truth.Fi earlier this year, per RSBN.
“Yorkville America Equities, TMTG, and ITG bring together deep expertise in asset management, media, and technology to deliver a distinctive investment offering that meets the evolving demands of today’s investors,” Yorkville America Equities Troy Rillo said.
According to TMTG’s press release, the SMA strategies offered will include “Liberty & Security,” “Energy Independence,” “Made in America,” and “Faith & Values.”
Further:
“Each strategy is constructed using a proprietary, data-driven framework that combines financial performance with our proprietary values-based metrics. Yorkville America Equities and ITG apply advanced algorithms to score and rank companies within each theme, identifying leaders in alignment with the strategy’s mission.”
TMTG will also launch a series of ETFs (exchange-traded funds) along with these SMAs later this year, according to the company.