Key Documents & Announcements
Start with the fund in two minutes, then go deeper through interviews and shareholder updates.
Rainwater Equity on Bloomberg
Mr. Shaposhnik is portfolio manager of the Rainwater Equity ETF and Founder of Rainwater Equity, LLC. Before establishing the firm, he founded TCW’s New America business unit, where he led and served as portfolio manager of a suite of investment strategies for nearly a decade.
Before joining TCW, he was an Equity Research Associate at Fidelity Management and Research Company. He holds a BS from the Haas School of Business at UC Berkeley and an MBA from UCLA Anderson.
Inception Date: 6/17/2025
Performance data quoted represents past performance and there is no guarantee of future results. Investment returns 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.
Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. Short term performance, in particular, is not a good indication of the Fund’s future performance, and an investment should not be made based solely on returns. The Fund is a recently organized investment company with limited operating history. YTD is year-to-date.
Market price return is calculated using the price that investors buy and sell ETF shares in the market. The market returns in the table are based on the midpoint of the bid/ask spread at 4 p.m. EST and do not represent the returns you would have received if you traded shares at other times.
NAV return represents the closing price of the underlying securities.
NAV is the sum of all assets less liabilities, divided by the number of shares outstanding.
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