NEW
YORK, March 21, 2024 /PRNewswire/ -- Exchange
Traded Concepts is pleased to announce the launch of the Bancreek
International Large Cap ETF (NYSE: BCIL). The Fund began trading on
the New York Stock Exchange on 3/21/24.
This actively managed exchange-traded fund (ETF) seeks long-term
capital appreciation by utilizing a rigorous, quantitative
framework to invest in securities of large capitalization issuers
outside of the United States.
Andrew Skatoff, Founder and CEO
of Bancreek Capital Advisors, LLC, shares, "After the successful
launch of our flagship ETF, Bancreek Large Cap U.S. ETF (NYSE:
BCUS), we are thrilled to bring BCIL to the market. While BCUS
focuses on U.S. listed companies, we believe there are also many
wonderful businesses outside of the U.S. Unfortunately for
investors, there are only a limited number of ETF options for the
public to invest in a collection of these companies. With BCIL, we
have deployed our proprietary framework and quantitative tools to
make investing in structurally advantaged businesses outside the
U.S. more accessible for investors."
"We've been so impressed with the team at Bancreek, their
strategy and their first ETF, BCUS. Launching an international
version of that fund makes tremendous sense and will give investors
the opportunity to get exposure from companies around the world
that meet the rigorous process employed by Bancreek. I am so
excited to get this new fund out to investors," said Garrett Stevens, ETC's CEO.
To learn more, please visit www.bancreeketfs.com
About Exchange Traded Concepts
Exchange Traded Concepts is an SEC-registered independent
investment adviser that specializes in white-label ETFs and offers
ETF services spanning ETF-in-a-BoxTM and sub-advisory to
fund marketing and consulting. ETC provides the trust,
board, and decades of experience to offer asset managers
(hedge, SMAs, mutual) and others an efficient, cost-effective
means to leverage the benefits of the ETF wrapper. Learn more
at exchangetradedconcepts.com.
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