 The
Axs Green Alpha ETF (NXTE) is an exchange-traded fund that focuses on
investing in companies with strong environmental, social, and
governance (ESG) practices, as well as those that are positioned to
benefit from the transition to a low-carbon economy. The fund is
managed by Green Alpha Advisors, LLC and was launched in October 2018.
The investment strategy of NXTE involves selecting companies that
are driving innovation in the clean energy and sustainable resource
sectors, as well as those that are adapting to the challenges
presented by climate change. The fund also seeks to invest in
companies that have high growth potential and are undervalued relative
to their earnings potential.
NXTE is a passively managed ETF,
meaning that it seeks to track the performance of the Green Alpha Next
Economy Index, which is also managed by Green Alpha Advisors. This
index is comprised of companies across a range of sectors, including
renewable energy, electric vehicles, energy storage, and sustainable
agriculture.
Investing in NXTE may be appropriate for investors
who are interested in supporting companies that are leading the
transition to a more sustainable economy, as well as those who are
seeking exposure to the potential growth opportunities in the clean
energy and sustainable resource sectors. As with any investment, it is
important to carefully consider your individual investment goals and
risk tolerance before making a decision to invest in NXTE or any other
investment product.
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