New ETFs provide first-of-its-kind access to express high conviction in (or against) specific U.S. stocks, as AXS continues fast-growing, innovative expansion into the ETF space
NEW YORK, July 14, 2022 /PRNewswire/ — AXS Investments, a leading asset manager providing access to alternative investments for growth, income and diversification, today launched a suite of eight ETFs that seek to provide leveraged long or inverse exposure to the daily performance of some of the most actively traded stocks across a variety of sectors.
“We are thrilled to be the first firm to bring single-stock leveraged and inverse ETFs to U.S. investors,” said Greg Bassuk, CEO of AXS Investments. “With the launch of this highly innovative family of ETFs, AXS has once again opened new access for investors, namely to express their high-conviction views on some of the most actively traded single stocks, regardless of whether their sentiment is bullish or bearish. AXS is excited to continue our robust build-out of highly differentiated ETFs designed to provide investors with unique, first-of-their-kind investments to achieve their varying objectives.”
The initial suite of AXS single-stock ETFs provides investors with leveraged long (“Bull”) and short (“Bear”) daily exposure to the following stocks:
AXS Continues to Expand Fund Lineup with Fast-Growing Suite of First-of-Their-Kind Strategies
Today’s rollout of these new ETFs is just one of many major strategic growth initiatives successfully achieved by AXS. It comes on the heels of the firm’s recent acquisitions, including:
The AXS ETF business also is rapidly expanding with several successful launches of first-of-their-kind ETFs, including:
AXS Astoria Inflation Sensitive ETF (PPI), the industry’s first ETF exposure to both investments that mitigate the devaluation effects of inflation, and that also enable the possibility for growth in price-rising environments.
AXS 2X Innovation ETF (TARK), the first two times (2x) daily exposure to a portfolio of companies involved in transformational industries, such as genomics, autonomous vehicles and next-gen internet.
AXS Short China Internet ETF (SWEB), the first 1x daily short exposure to a portfolio of China-based Internet-related companies.
“Whether it is powerful inflation fighting tools, ways to express views on innovation, or a host of other novel investments that previously were unavailable to investors, our goal remains to be the leader in providing investors with access to the …….