The US’s GCI Investors enters active ETF market with first equity ETF
GCI Investors, a US-based independent asset manager, has launched the launch of its first US-listed ETF: The Genuine Investors ETF (NYSE: GCIG).
The firm writes that this active fund provides exposure to a long-term strategy of high conviction investments powered by in-house valuation and quality analysis.
GCI’s move into the ETF space allows access to the firm’s previously private strategy of ‘Genuine Investing’. The firm writes that this investment approach entails constructing a portfolio of high-quality businesses in certain industries that are structurally more attractive than others. ‘Genuine Investing’ is differentiated and unburdened by common industry constraints such as short duration time horizons, index tracking nor the institutional imperative to constantly sell newer products.