MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, October 4, 2022 An Alts-Focused ETF Shop Targets the Next Economy The team at a Gotham ETF shop focused on alternatives is teaming up with a familiar subadvisor to help investors bet on the "Next Economy."
AXS serves as NXTE's investment advisor, while Green Alpha (which already subadvises another AXS fund) serves as NXTE's subadvisor. The new fund's PM team includes two AXS portfolio managers (Parker Binion and Travis Trampe) and two from Green Alpha (Jabusch and Jeremy Deems, chief financial officer and chief compliance officer). Bassuk describes the NXTE as "the industry's first ever Next Economy ETF" and lauds Green Alpha for their "decades-long expertise in this area." "We're thrilled to expand our partnership with AXS Investments," Jabusch states. "Our Next Economy approahc has been proven to uncover successful companies that are advancing economic productivity gains, renewable energies, waste-to-value supply chains and equitable distribution of wealth. Collaborating with AXS gives investors ETF access to these distinct exposures." "We are thrilled to bring this Next Economy ETF to the broader investing public," Bassuk states. NXTE's other service providers include: Brown Brothers Harriman & Co. (BBH) as custodian, fund accounting agent, and transfer agent; IMST Distributors, LLC as distributor; Morgan Lewis & Bockius LLP as counsel; Mutual Fund Administration, LLC (MFAC) as co-administrator; Tait, Weller & Baker LLP as independent accounting firm; and UMB Fund Services, Inc. (UMBFS) as co-administrator. Printed from: MFWire.com/story.asp?s=64957 Copyright 2022, InvestmentWires, Inc. All Rights Reserved |
