AXS Investments has announced the launch of the AXS Green Alpha ETF (NXTE).
The AXS fund is portfolio managed by Green Alpha Investments, a global investment manager and thought leader widely known for its trademarked Next Economy philosophy and investment strategies, identifying companies poised to be leaders in the rapidly unfolding and expanding sustainable global economy, while possessing growth potential at attractive valuations. The firm also sub-advises the AXS Sustainable Income Fund (AXSKX), underscoring the strong partnership between AXS and Green Alpha.
“We are excited to partner with Green Alpha to launch the industry’s first-ever Next Economy ETF,” says Greg Bassuk, CEO of AXS Investments. “Given the important diversifying benefits this strategy can add to investment portfolios, combined with Green Alpha’s decades-long expertise in this area, we are thrilled to bring this Next Economy ETF to the broader investing public.”
“We’re thrilled to expand our partnership with AXS Investments, a firm whose longtime success with ETFs has brought exciting innovation to the space,” says Garvin Jabusch, portfolio manager of NXTE and Chief Investment Officer of Green Alpha. “Our Next Economy™ approach 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.”
The launch of NXTE is the latest in a series of ETF launches and acquisitions by AXS, which have resulted in the firm’s status, which it describes as the fastest-growing new ETF issuer in 2022.
