Monday, November 23, 2020

QRAFT on a roll: 4th actively-managed ETF listing this week

QRAFT AI-Enhanced U.S. Next Value ETF
Ticker: NVQ
Exchange: NYSE Arca
Expense ratio: 0.75%

Qraft is a South Korea-based provider of artificial intelligence investment systems and currently offers services to various financial institutions in Korea.

CUSIP: 30151E673
Effective date: November 20, 2020
Listing Date: Week of November 23, 2020


Strategy
Universe: US companies with more than $1B market cap

Uses AI to come up with 100 stocks based on scoring of companies' based on combination of intangible assets and conventional value metrics.


Prospectus is here.










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