Rebrands time-tested KLDW ETF, continuing its distinctive
equity strategy based on Steve
Vannelli's "Knowledge Effect"
NEW
YORK, July 22, 2024 /PRNewswire/ -- AXS
Investments, provider of ETFs and mutual funds for growth, income
and diversification, today launched the AXS Knowledge Leaders ETF
(KNO) to offer a time-tested, geographically diverse path to invest
in the stocks of innovative companies.
The AXS Knowledge Leaders ETF (KNO) is an actively managed
ETF that seeks long-term capital appreciation by investing in
stocks of highly innovative companies in the developed world. These
companies, identified as "knowledge leaders," possess deep
reservoirs of intangible capital as a result of their history of
investing in knowledge-intensive activities like research &
development, brand development and employee education. The result
is a portfolio designed to play a core role in providing equity
exposure to companies across the globe.
The KNO ETF was formerly known as the Knowledge Leaders
Developed World ETF (KLDW), which has been in the market for over
nine years. It was developed and managed by Steven Vannelli, CFA, former CEO of Knowledge
Leaders Capital, who has now joined AXS Investments and will
continue to be the primary portfolio manager for KNO. He has over
25 years of experience analyzing the growth of the stock prices of
companies that invest heavily in intangible assets, which has
formed the thesis he calls the "Knowledge Effect."
"Over years of observing what makes innovative companies tick,
we deciphered a clear pattern in their books, particularly how
aggressively they invest in the intangibles that set them apart
from the pack," said Steve Vannelli,
Portfolio Manager at AXS Investments. "KNO is highly differentiated
from other equity ETFs because we find these knowledge leaders in
all corners of the world, not just the U.S. I'm excited to team up
with AXS for the next chapter of this strategy."
"Steve Vannelli has built an
impressive methodology to translate the Knowledge Effect into a
valuable ETF for investors," said Greg
Bassuk, CEO of AXS Investments. "This partnership has been
long in the making, and today we are proud to welcome Steve to the
firm and add KNO to the AXS family of alternative funds."
For more on the ETF, visit www.axsinvestments.com.
About AXS Investments
AXS Investments is a leading alternative investment manager
providing a diversified family of alternative investments for
growth, income and diversification. The firm empowers investors to
diversify their portfolios with investments previously available
only to the largest institutional and high net worth investors. The
investor-friendly AXS funds are time-tested, liquid, transparent
and managed by high pedigreed portfolio managers with long and
strong track records. For more information, visit
www.axsinvestments.com.
There are risks involved with investing including the possible
loss of principal. Past performance does not guarantee future
results. You could lose money by investing in the Fund. There can
be no assurance that the Fund's investment objectives will be
achieved.
Market Risk: The market price of a security or instrument could
decline, sometimes rapidly or unpredictably, due to general market
conditions that are not specifically related to a particular
company, such as real or perceived adverse economic or political
conditions throughout the world, changes in the general outlook for
corporate earnings, changes in interest or currency rates, or
adverse investor sentiment generally.
ETF Risk: Investing in an ETF will provide the Fund with
exposure to the securities comprising the index on which the ETF is
based and will expose the Fund to risks similar to those of
investing directly in those securities. Shares of ETFs typically
trade on securities exchanges and may at times trade at a premium
or discount to their net asset values.
Foreign Investment Risk: The prices of foreign securities may be
more volatile than the prices of securities of U.S. issuers because
of economic and social conditions abroad, political developments,
and changes in the regulatory environments of foreign countries.
Changes in exchange rates and interest rates, and the imposition of
sanctions, confiscations, trade restrictions (including tariffs)
and other government restrictions by the
United States and/or other governments may adversely affect
the values of the Fund's foreign investments.
Geographic Investment Risk: To the extent the Fund invests a
significant portion of its assets in the securities of companies of
a single country or region, it is more likely to be impacted by
events or conditions affecting that country or region. These and
other risks can be found in the prospectus.
Investors should carefully consider the investment
objectives, risks, charges and expenses of any fund before
investing. To obtain a prospectus containing this and other
important information, please click here to view
or download a prospectus online. Read the fund's prospectus
carefully before you invest.
Distributed by ALPS Distributors, Inc, which is not affiliated
with AXS Investments. AXI000512
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SOURCE AXS Investments