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The Meet Kevin Pricing Power ETF $PP

4m 40s784 words113 segmentsEnglish

FULL TRANSCRIPT

0:00

hi I'm Kevin founder of the pp

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ETF what is the ppetf well it's an

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exchange traded fund that lets you

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invest in Innovative companies that we

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choose for you for example here is well

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me at the shareholder meeting at Tesla

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trying to help Elon do what's best in

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our opinion for the company take a

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listen hey Elon meet Kevin here hey

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how's it going you're good thanks so uh

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Tesla is the largest position in my ETF

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ticker PP and that's for pricing power

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right and I'm curious I really think

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that some of the features that you

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highlighted here like the over-the-air

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airbag deployments of improving the

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features the safety features are great

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things that we could be advertising 525

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bucks off every car this year is half a

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Netflix's advertising budget thousand

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bucks is the entire Netflix advertising

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budget and I see their ads everywhere

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why not advertise these things that you

1:00

told us here I feel like nobody else

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knows about this I talked to a lot of

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people and they still think that like

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Teslas are like super expensive and like

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no actually the starting price for a

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Tesla is below the average auto price in

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the US

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it's like

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and that's a good thing I believe in

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taking taking suggestions so um we'll

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we'll try a little advertising and see

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how it goes

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I mean I believe you're listening to

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shareholders and uh I actually was

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surprised by the level of enthusiasm for

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advertising the questions are not

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scripted in any way so in that moment

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you just said all right yeah we'll do

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some ads that's right now in addition to

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having somebody advocate for you in

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pricing power and Innovative companies

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what are the benefits of an ETF well

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they're really simple number one

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ETFs give you a lot of ease and

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flexibility you can buy them in a

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retirement account or any stock

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brokerage account you simply buy the

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shares in the ETF by buying into an ETF

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your money is automatically broken up

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into the ETF Holdings it's automatically

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divided into those Holdings so let's say

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an ETF is made of just two Holdings

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which this is not but just for

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explanatory purposes let's just say it's

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made up of two Holdings all of our

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Holdings in PP you could see down below

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in the Holdings breakdown but let's say

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there were just a two for sake of

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argument you've got then forty dollars

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going into a and sixty dollars going

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into B one of the cool things about the

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ETF structure is if we decided we're not

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the biggest fans of B anymore and let's

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say we wanted to rebalance or reallocate

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by reducing the 60 position twenty

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dollars we could do that for you and you

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wouldn't have to do anything that's the

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beauty of the ETF structure but not only

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this let's say there was a massive gain

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that we were selling B at if we

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structure it correctly we might be able

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to trade our shares in B four shares in

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C without passing on any capital gains

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taxes to you that's actually really

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remarkable since often when you have a

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winner in the stock market you might

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have to pay large amounts of capital

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gains but if we have a really large

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winner within the fund which hopefully

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there will be many of of course there

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cannot be guarantee of but hopefully

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there will be many of if we wanted to

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trim a position in one of those large

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winners we might be able to help

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minimize your taxes through the ETF

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structure this is a very unique to just

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ETFs and if they're structured right you

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might pay no gains as we rebalance the

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portfolio that is incredible but of

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course with tax advice always consult

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your CPA for more information on taxes

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but for the E's and number two that

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potential tax benefit it's important to

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remember that there are management fees

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our present ETF management fee is 77

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basis points that means on 100 you would

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be paying approximately

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77 cents per year in fees now in the

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future we might change that amount but

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we can't make any guarantees of that

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when and if we change that amount it

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might be to the Lower Side in the future

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as our fund grows but we can't make any

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promises of when that will be or if it

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will be when that time comes though we

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will make sure to update everyone thank

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you so much and if you have any

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questions feel free to reach out by

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sending an email to Kevin at

4:36

stockhack.com

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