AXS Green Alpha ETF (NXTE) Research
The fund's core strategy dictates that at least 80% of its investable capital, including both its net assets and any funds borrowed for investment, will be allocated to companies demonstrating sustainable practices. This investment scope is flexible, allowing the fund to target businesses of any size, operating across various economic sectors, and situated in different geographical locations. While the advisor's primary aim is to invest a significant portion of its assets in common stocks and American Depositary Receipts (ADRs), it maintains the flexibility to hold up to 20% of its portfolio in highly liquid assets like U.S. Treasury Bills and money market instruments to manage day-to-day cash flow and liquidity needs.
Market snapshot
- Symbol
- NXTE
- Price
- $53.42
- Day change
- +4.25%
- Market cap
- $59.0M
- 52-week range
- 33.02-53.42
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
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