NEW
YORK, Dec. 21, 2023 /PRNewswire/ -- Exchange
Traded Concepts is pleased to announce the launch of
the Bancreek U.S. Large Cap ETF (NYSE: BCUS). The Fund began
trading on the New York Stock Exchange on 12/21/2023.
This actively managed exchange-traded fund (ETF) seeks long-term
capital appreciation by employing a rigorous, quantitative
framework that leverages big data and high-performance computing
with an aim of investing in companies with structurally advantaged
business models.
Andrew Skatoff, Founder and CEO
of Bancreek Capital Advisors, LLC, shares, "We have always taken a
long-term approach to investing, as there are many wonderful
companies that have compounded capital for their shareholders over
extended periods of time. These companies tend to have attributes
like pricing power, product differentiation, executional
discipline, and robust, time-tested growth strategies. We believe
these companies have structurally
advantaged business models. It's our view that investing
in a collection of structurally advantaged businesses is the key to
successful long-term investing.
With this as our guiding principle, Bancreek set out to develop
an ETF that employs our rigorous, data-driven approach to identify
and invest in companies with structurally advantaged business
models. We are thrilled to bring BCUS to the market to provide
investors with our disciplined, quantitative approach to long-term
capital appreciation."
To learn more, please visit www.bancreeketfs.com
About Exchange Traded Concepts
Exchange Traded Concepts is a private-label ETF advisor with
passive and active exemptive relief from the SEC under the
Investment Company Act of 1940 to launch custom domestic and
international equity and fixed income exchange traded funds through
a complete turnkey solution. ETC's ETF-In-A-Box™ Solution provides
an efficient and cost-effective method to bring exchange-traded
funds to market with the operational and regulatory experience
necessary to manage the complexities of launching and managing an
ETF. By developing strategic partnerships with veteran ETF service
providers, ETC assists investment managers, independent advisors,
foreign asset managers, research and index providers and others in
navigating the exchange-traded fund launch and ongoing management
process with the time-sensitivity and professional guidance
essential for maintaining regulatory compliance. Additional
information can be found on the Exchange Traded Concepts'
website.
About Bancreek Capital Advisors, LLC
Bancreek Capital Advisors is a Registered Investment Advisor
(RIA) and was formed to help investors compound capital over
economic cycles by investing in companies with structurally
advantaged business models. Bancreek's goal is to provide investors
with a systematic, data-driven approach in identifying and managing
exposure to a collection of these compounders.
Investors should consider the investment objectives, risks,
charges and expenses carefully before investing. For a prospectus
or summary prospectus with this and other information about the
Fund, please call (855) 973-7880 or visit our website at
www.bancreeketfs.com. Read the prospectus or summary prospectus
carefully before investing.
The Funds are distributed by Foreside Fund Services, LLC.
Investing involves risk, including loss of principal. A new or
smaller fund's performance may not represent how the fund is
expected to or may perform in the long term if and when it becomes
larger and has fully implemented its investment strategies. The
Fund relies heavily on proprietary quantitative investment
selection models as well as data and information supplied by third
parties that are utilized by such models. To the extent the models
do not perform as designed or as intended, the Fund's strategy may
not be successfully implemented and the Fund may lose value. If the
models or data are incorrect or incomplete, any decisions made in
reliance thereon may lead to the inclusion or exclusion of
securities that would have been excluded or included had the models
or data been correct and complete. Read the prospectus for
additional details regarding risks.
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SOURCE Exchange Traded Concepts, LLC