Hexis Active Nicotine Engagement ETF (NICO)

The Hexis Active Nicotine Engagement ETF (NICO) is an actively managed thematic equity fund focused on the nicotine industry.

The fund invests in publicly traded companies involved in nicotine products, which can include traditional tobacco manufacturers as well as makers of next-generation products such as heated tobacco, vapor and oral nicotine pouches. As its name suggests, the manager may take an engaged approach with portfolio companies.