Exchange Traded Concepts announced the launch of the Bancreek U.S. Large Cap ETF. The fund began trading on the New York Stock Exchange Thursday.
BCUS is an actively managed ETF that seeks long-term capital appreciation. The fund’s managers invest in equity securities of companies they think exhibit characteristics of structurally advantaged business models.
The fund uses a rigorous, quantitative framework that leverages big data and high-performance computing. BCUS uses this framework to evaluate companies that it believes have the potential to compound capital over time.
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Andrew Skatoff, founder and CEO of Bancreek Capital Advisors, said that the firm takes “a long-term approach to investing.” He added: “There are many wonderful companies that have compounded capital for their shareholders over extended…
