Bringing you live news and features since 2006 

The US’s GCI Investors enters active ETF market with first equity ETF

RELATED TOPICS​

GCI Investors, a US-based independent asset manager, has launched the launch of its first US-listed ETF: The Genuine Investors ETF (NYSE: GCIG). 

The firm writes that this active fund provides exposure to a long-term strategy of high conviction investments powered by in-house valuation and quality analysis.

GCI’s move into the ETF space allows access to the firm’s previously private strategy of ‘Genuine Investing’. The firm writes that this investment approach entails constructing a portfolio of high-quality businesses in certain industries that are structurally more attractive than others. ‘Genuine Investing’ is differentiated and unburdened by common industry constraints such as short duration time horizons, index tracking nor the institutional imperative to constantly sell newer products.

“At GCI, everything for us comes back to investing in businesses, not trading stocks” says Guy Davis, CFA, Managing Director, and Portfolio Manager. “We think in the short term, there are often significant discrepancies between real business values and their stock prices. Those divergences create significant opportunities for us. We approach investing like business owners, and we use the market for opportunity, rather than relying on it for information about actual business value.”

The firm writes that engineered to serve as a core holding within the equity portion of an investment portfolio, this active fund is designed as an all-weather strategy that isn’t guided by major benchmarks or market fads. The fund is entirely agnostic of traditional classifications and labels such as value and growth or specific themes, the firm says, instead, through its ‘Genuine Investing’ approach, GCIG is purely focused on seeking to generate consistent long-term, risk-adjusted returns for shareholders.

Because equities are distinguished as the best performing asset class over time, GCIG is fully-invested and seeks to maximise and maintain exposure to great companies, throughout market cycles. GCIG also differentiates itself among active equity ETFs with its high active share.

The fund holds 23 portfolio companies. The fund’s gross expense ratio is 1.65 per cent. The net expense ratio, after fee waivers contractual through February 29, 2024 is 1.00 per cent. 

 
 

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by