More investors aspire to invest in companies contributing to a sustainable world, but no one wants to sacrifice performance. There is an intersection where high impact and high return potential meet. It's called the "Next Economy," where companies are profitably creating innovations that address core global systemic risks and improve economic productivity. We believe revealing these investment opportunities requires more than relying on ESG (environmental, social and governance) indexes or scoring systems. It takes years of experience and dedication.
AXS Green Alpha ETF (NXTE) is an actively managed portfolio seeking long-term capital appreciation. It's for the discerning, socially responsible investor looking for sustainability and the potential for above-average alpha. The ETF invests in Next Economy™ companies selected by Green Alpha Investments for their attractive growth prospects and a demonstrated commitment to promoting a sustainable environment and economy.
Invests in equities of Next Economy™ companies that meet sustainability criteria for advancing economic productivity gains, renewable energies, waste-to-value supply chains and equitable distribution of wealth.
Can invest in any geography, sector or size provided the company has solid fundamentals, attractive valuations and competitive advantages.
Managed by Green Alpha Investments, an asset manager with a long history in environmentally progressive investing. The team introduced their "Next Economy" concept in 2008.
Inception Date: 9/27/2022
Distribution Frequency: Annual
Management Fee: 1.00%
Total Annual Operating Expense: 1.00% Options Available: Yes
Green Alpha Investments has been managing sustainable, fossil fuel free investment strategies since 2008 and identifies Next Economy companies for investment by the Fund. Garvin Jabusch and Jeremy Deems serve as portfolio managers for AXS Green Alpha ETF, each with over 20 years of asset management experience.
Green Alpha developed and trademarked an investment methodology called "Next Economy" – an indefinitely thriving economy driven by companies developing innovative solutions to major systemic risks, like the climate crisis, resource degradation, widening inequality and human disease burden. The firm believes companies that innovate around efficiency gains and sustainable economic and environmental productivity have competitive advantages and should gain market share, which can fuel sales growth, protect margins and sustain free cash flow.
Green Alpha Investments
Chief Investment Officer
Green Alpha Investments
Chief Financial Officer
Frequently Asked Questions
What is the ticker for AXS Green Alpha ETF?
On which exchange does the fund trade?
What is the fund’s investment objective?
AXS Green Alpha ETF seeks to provide long-term capital appreciation.
How does NXTE differ from "ESG" funds?
While AXS Green Alpha ETF’s strategy could be considered an ESG (environmental, social and governance) strategy due to its focus on sustainability, the managers do not practice ESG investing as it is practiced by the mainstream. Traditional ESG systems are generally not designed to adequately assess the most fundamental aspect of whether a company is sustainable or not. The Next Economy approach asks: What does the company do to earn its revenue? Does a company do more to cause systemic level risks or does the company provide solutions to systemic level risks? The manager only performs additional research on companies it believes are providers of solutions to the key systemic risks it has identified.
Can I trade options on NXTE?
Yes. NXTE options began trading on February 8, 2024.
Important Risk Information
You could lose money by investing in the Fund. There can be no assurance that the Fund’s investment objectives will be achieved.
Environmental Investing Risk: The universe of acceptable investments for the Fund may be limited due to the Sub-Advisor’s proprietary research process, which may affect the Fund’s exposure to certain companies or industries and may adversely impact the Fund’s performance.
Small-Cap and Mid-Cap Company Risk: The securities of small- and mid-capitalization companies may be subject to more abrupt or erratic market movements and may have lower trading volumes or more erratic trading than securities of larger, more established companies or market averages in general.
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.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns. NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the midpoint between the bid and ask price as of the close of exchange. Closing price returns do not represent the returns you would receive if you traded shares at other times.