NEW YORK, Aug. 4, 2021 /PRNewswire/ -- SPEAR Invest, a
female-led asset manager focused on industrials and industrial
technology, today announced the launch of its first ETF. The SPEAR
Alpha ETF (NASDAQ: SPRX), an actively-managed fund leveraging
thorough proprietary research, offers targeted exposure to
industrial technology investments.
SPEAR's unique value proposition is derived from hands-on
research from primary sources—utilizing their extensive network of
industry participants to speak directly with corporate management
to obtain primary information on their business model and financial
track sheets. The research process may also include attending court
hearings, engaging remediation experts and uncovering major
accounting issues to tap opportunities.
With a deep understanding of entire supply chains, SPEAR's
underlying strategy is backed by advanced research that is focused
on finding and identifying broad-sector and sub-sector potential,
but also vetting those stocks that pose a risk to underperform. For
example, where other asset managers invest in direct beneficiaries
of a trend which often becomes crowded (such as Tesla), SPEAR looks
to invest in the greater electric vehicle supply chain that
incorporates copper and lithium mines, companies that provide
electrical components, charging stations, and simulation &
design software.
"As an actively-managed fund, it is important to highlight that
although SPRX invests in innovative industrial technologies, we
believe the real value comes from finding under-the-radar
opportunities across the supply chain," said firm founder and fund
manager Ivana Delevska. "The fund is based on a strategy built on
primary research in a sector that could have significant and
underappreciated tailwinds over the next 5 years." More
specifically, SPRX looks to provide comprehensive and
cost-efficient exposure to established long-term secular themes
(Environmental Focus, Manufacturing Digitalization, and Robotics)
as well as emerging ones (Photonics, Space Exploration, and AI).
"Additionally, reshoring is impacting this sector as domestic
manufacturing is having a revival aided by government support and
new technologies," affirms Delevska.
Designed to be a core holding, The SPRX strategy has a starting
universe of approximately 120 equities which are then divided into
about 12 buckets (so each sub-sector has approximately 10
companies) and out of these, the fund manager picks 2 to 3 that
meet the top of their criteria, resulting in a list of
approximately 25 investment opportunities. In its selection
criteria, in addition to end-market dynamics and financial
performance factors, SPEAR considers liquidity, management team,
and ESG (Environmental, Social and Governance) factors. The total
expense ratio of SPRX is 0.75%.
About SPEAR Invest
SPEAR Invest (Spear Advisors LLC) is an SEC-registered asset
manager specializing in investments in industrial and industrial
technology supply chains. Our business applies a fundamentally
driven investment approach, and our products are aimed at
compounding returns based on superior stock selection. For more
information, please visit https://spear-invest.com/
Before investing you should carefully consider the Fund's
investment objectives, risks, charges and expenses. This and other
information are contained in the prospectus or summary prospectus
which can be obtained by (by calling 1-833-340-7222 or by
visiting https://spear-invest.com/. Please read the
prospectus or summary prospectus carefully before
investing.
Investing involves risk including possible loss of
principal.
The fund invests in growth companies that are based on future
earnings may be more volatile if revenues fall short of
expectations. Investing in value companies that remain unfavored or
are undervalued for long periods of time could have a negative on
the fund's performance.
Companies in the industrials sector such as technology may be
adversely affected by changes in government regulation, world
events, economic and environmental conditions. These companies are
vulnerable to rapid changes in product cycles, obsolescence and
competition, which may have an adverse effect on growth and profit
margins. Because SPRX is non-diversified and may invest in a
greater percentage of its assets in these companies, market or
economic factors impacting these companies that rely heavily on
technological advances could have a major affect on the value of
the Fund's investments.
Applying ESG (Environmental, Social, Governance) sustainability
criteria to the investment process may exclude securities of
certain issuers for non-investment reasons and therefore the Fund
may forgo available market opportunities.
The Fund is recently organized and has a limited track record to
base an investment decision.
Foreside Fund Services, LLC, distributor
For media inquiries contact: Catherine
Frick, Arro Financial Communications; tel.
925-324-0241 e-mail: cfrick@arrocomm.com.
View original
content:https://www.prnewswire.com/news-releases/spear-invest-launches-spear-alpha-etf-sprx-an-industrial-technology-fund-301348616.html
SOURCE SPEAR Invest