The Aspiration Redwood Fund
The Aspiration Redwood Fund identifies companies that lead in environmental, social, or governance practices and are positioned for financial growth. Our goal: to help you do well while doing good.
With a minimum investment of just $10, the Aspiration Redwood Fund helps make sustainable investing accessible to everyone.
Invest sustainably - for you and the planet
Investing in companies leading the way on sustainability and social responsibility means building your financial future while supporting a better world.
Diversity is Strength
Research shows that diverse companies often outperform their peers. In 2023, companies in the top quartile for racial and ethnic diversity were 39% more likely to deliver financial returns above those in the bottom quartile. The same is true for companies in the top quartile for gender diversity.¹
Sustainable investing does not guarantee higher financial returns than traditional investing or prevent potential losses. Depending on the specific ESG-related characteristics, investors may experience a lower expected financial return and/or a significantly narrowed selection of eligible investments.
Selection criteria
The Aspiration Redwood Fund aims to identify attractively valued, sustainable companies. We look at multiple environmental, social, and governance (ESG) factors to find companies whose management understands that smart, long-term thinking is not only the right thing to do, but right for their bottom line.
Environmental
Social
Governance
Environmental
Social
Governance
Invest in companies that champion sustainability and social responsibility
Average Annual Total Returns
(as of 12/31/24)Table
Graph
REDWX (with assumed 0% management fee reduction for periods prior to Oct 10, 2024)
Period ended 12/31/24
1 year
8.16%
3 year annualized
2.03%
5 year annualized
9.33%
annualized since inception 11/16/15
11.51%
S&P 500 total return index
Period ended 12/31/24
1 year
25.02%
3 year annualized
8.93%
5 year annualized
14.51%
annualized since inception 11/16/15
14.24%
REDWX (with assumed 2% management fee reductions for periods prior to Oct 10, 2024)
Period ended 6/30/24
1 year
6.52%
3 year annualized
0.39%
5 year annualized
7.62%
annualized since inception 11/16/15
10.02%
Prior to October 10, 2024, the Fund had a different investment adviser. From the inception of the Fund until October 10, 2024, the Fund paid no management fees to the previous investment adviser. During this period investors in the Fund were required to be clients of the previous investment adviser. Advisory clients had the option to pay the previous investment adviser a fee in the amount they believed to be fair ranging from 0% to 2.00% of the value of the account, directly to the previous investment adviser. On October 10, 2024, the Fund entered into an agreement with the current investment adviser, under which the Fund pays the current investment adviser a management fee of 0.50%. Investors of the Fund are no longer required to be clients of the investment adviser, nor do they pay advisory fees directly to the investment adviser. Returns prior to October 10, 2024 are presented above assuming investors paid the maximum advisory fee of 2.00% and assuming investors paid 0%. Other important information is contained in the Fund's prospectus.
Performance results of the fund include a gross expense ratio of 1.27% as stated in the Funds prospectus dated February 1, 2025. Performance results of the Fund as compared to the performance of the S&P 500 Total Return Index ("benchmark") may not reflect actual future performance. Indexes are unmanaged and therefore have no expenses. Investors cannot invest directly in an index. The Fund does not mirror that of the benchmark and the volatility may be materially different.
The performance information quoted represents past performance, which is not a 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. An investor may obtain performance data current to the most recent month end by calling 800-773-3863. Total return measures net investment income and capital gain or loss from portfolio investments. All performance shown assumes reinvestment of dividends and capital gain distributions.
A look inside
Please see below for the current holdings of The Aspiration Redwood Fund.
(as of 12/31/24)
Information Technology
31.61%
Financials
13.36%
Industrials
12.38%
Healthcare
11.4%
Consumer Discretionary
7.4%
Consumer Staples
8.92%
Materials
2.93%
Communication Services
6.06%
Utilities
3.24%
Real Estate
1.51%
Information Technology
31.61%
Financials
13.36%
Industrials
12.38%
Healthcare
11.4%
Consumer Discretionary
7.4%
Consumer Staples
8.92%
Materials
2.93%
Communication Services
6.06%
Utilities
3.24%
Real Estate
1.51%
Find the best account for you
You can open a regular taxable investment account or a tax advantaged retirement account (IRA). Learn more about IRAs.
Invest in the Aspiration Redwood Fund: REDWX
Minimum investment
$10
$10†
Annual custodial fee
none
$15
Annual contribution limit
none
$7,000‡
Access to your funds (when you can withdraw funds)
Any time
Age 59.5*
†$1 minimum for subsequent investments.
‡For 2024, the IRA contribution limits are $7,000 for those under the age of 50 and $8,000 for those age 50 or older.
*Generally, a 10% early withdrawal penalty to the federal government applies if you are under the age of 59.5
Find the best account for you
You can open a regular taxable investment account or a tax advantaged retirement account (IRA). Learn more about IRAs.
Invest in the Aspiration Redwood Fund: REDWX
Minimum investment
$10
Annual custodial fee
none
Annual contribution limit
none
Access to your funds (when you can withdraw funds)
Any time
Invest in the Aspiration Redwood Fund: REDWX
Minimum investment
$10†
Annual custodial fee
$15
Annual contribution limit
$7,000‡
Access to your funds (when you can withdraw funds)
Age 59.5*
†$1 minimum for subsequent investments.
‡For 2024, the IRA contribution limits are $7,000 for those under the age of 50 and $8,000 for those age 50 or older.
*Generally, a 10% early withdrawal penalty to the federal government applies if you are under the age of 59.5
Invest your money and make a difference.
You shouldn't have to pick between the two.
Backed by the investment experience of UBS Asset Management, the Aspiration Redwood Fund considers the triple bottom line of profit, people, and the planet — and believes that each of these is strengthened and lifted up by the others. Start investing with sustainability in mind today.
Summary
as of 2/28/2025
Ticker
REDWXNAV
16.95
Category
Sustainable InvestingAccount minimum
$10Account type
Taxable or IRAProspectus Offer
An investor should consider the investment objectives, risks, and charges and expenses of the Fund before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at www.aspiration.com/policies or by calling Shareholder Services at 800-773-3863. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk.
The Aspiration Redwood Fund is distributed by Capital Investment Group, Inc., Member FINRA/SIPC, 100 E. Six Forks Road, Suite 200, Raleigh, North Carolina 27609. There is no affiliation between the Aspiration Redwood Fund, including its principals, and Capital Investment Group, Inc. RCASP0225001
Risk Disclosure
An investment in the Fund is subject to investment risks, including the possible loss of some or the entire amount invested. There can be no assurance that the Fund will be successful in meeting its investment objective. An investment in the Fund is subject to certain risks, including but not limited to: Sustainability Risk – The consideration of sustainability factors and the application of positive and negative screening processes may impact the investment decisions as to securities of certain issuers and, therefore, the Fund may forgo some investment opportunities available to funds that do not consider sustainability factors or apply positive or negative screening processes, or that apply different sustainability criteria or screening processes. Focused Investment Risk – There is a risk that investing in a select group of securities, or securities in a particular sector, could subject the Fund to greater risks of loss and could be considerably more volatile than the Fund’s primary benchmark or other mutual funds that are diversified across a greater number of securities or sectors. More information about these and other risks can be found in the Fund’s prospectus.
There are no hidden fees to join Aspiration
About Fund Operating Expenses
In the interest of limiting expenses of the Fund, The Adviser has entered into an expense limitation agreement with the Fund under which it has agreed to waive or reduce its management fees and assume other expenses of the Fund in an amount that limits the Fund’s Total Annual Fund Operating Expenses to 1.35%. The Adviser will do this by reimbursing the Fund for certain direct expenses and fees, such as transfer agency, custodial, auditing and legal fees. The Fund also incurs certain indirect expenses, and expenses paid by the Fund when it invests as a shareholder in underlying investment companies. The Adviser has not agreed to waive or reimburse brokerage fees and commissions, acquired fund fees and expenses, fees and expenses associated with investments in other collective investment vehicles or derivative instruments, borrowing costs, taxes, or extraordinary expenses, such as litigation and indemnification expenses. Because the Adviser is not obligated under the Agreement to pay these expenses, the Fund’s total annual fund operating expenses may actually exceed the Maximum Operating Expense Limit. The Agreement is in effect through January 31, 2026, unless earlier terminated by a majority of the Board of Trustees who are not “interested persons” of the Trust, as defined in the Investment Company Act of 1940, as amended, or a majority vote of the outstanding voting securities of the Trust. Any fees or expenses waived or reimbursed by the Adviser are subject to repayment by the Fund within three years following the date on which waiver or reimbursement occurred if the Fund is able to make the repayment without exceeding its current Maximum Operating Expense Limit or the Maximum Operating Expense Limit in place at the time of the waiver and/or reimbursement. Prior to October 10, 2024, the Maximum Operating Expense Limit was 0.95%.
We refuse to charge you fees that are in many other mutual funds — fees you may not even know about.
No front load fees
No performance fees
No back load fees
No redemption fees
No per transaction fees
- Audit fees
- Custody fees
- Fund administration fees
- Legal fees
- State registration fees
- Trustee fees
- Compliance fees
- Fund accounting fees
- Insurance fees
- Shareholder servicing fees
- Transfer agent fees
- Advisory fees