Knowledge Leaders Capital’s Knowledge Leaders Developed World ETF (KLDW) has surpassed USD100 million in assets under management.
The ETF is designed to capture the Knowledge Effect1, the tendency of highly innovative companies to generate excess returns in the stock market.
“Investors are seeking new and innovative ways to outperform the market,” says Steven Vannelli, CFA, CEO and Chief Investment Officer of Knowledge Leaders Capital. “ETFs have the power to do much more for investors than simply track an index: they have the potential to capture outperformance and deliver excess returns in a tax-efficient package.”
The Knowledge Leaders ETF also continued its record of outperformance since inception, illustrating the tendency of Knowledge Leaders to deliver excess returns. Since inception, KLDW has outperformed the MSCI World Index by 2.81 per cent and the Morningstar World Large Stock category average by 3.44 per cent (NAV, annualised, as of 9/30/17).
In addition, KLDW delivered greater total return and alpha than all five of the top benchmark indexes tracked by the largest international core equity ETFs over two years, as of 9/30/17. These included the FTSE Developed Index, the FTSE Developed ex-US All Cap Index, the MSCI World Index, the MSCI All Country World Index, and the MSCI EAFE Index.