Changebridge Capital ETFs Reach Milestone
BOSTON, Nov. 19, 2021 /PRNewswire/ -- Changebridge Capital, a Boston-based active ETF manager celebrates one-year since launching the Changebridge Capital Long/Short Equity ETF (CBLS) and the Changebridge Capital Sustainable Equity ETF (CBSE) on the New York Stock Exchange.
After one-year CBSE and CBLS total returns ranked in the top quartile of their respective Morningstar categories
"Recent advancements in the ETF landscape provided the team with a vehicle to fully exhibit the qualities of transparency, sustainability, efficiency, and conviction that are inherent in our approach to active management," said Ross Klein, Founder and Co-Portfolio Manager. "One year removed from the launch of our long/short equity and sustainable equity strategies on the NYSE, we are grateful to our service providers, business partners and investors for their support."
Changebridge Capital's recent accomplishments include:
Investors seeking actively managed strategies with the benefits of the ETF structure have more options than ever before. More active ETFs have launched in the last two years than in the previous ten years combined, with assets under management tripling over the period.
"Our decision to launch alternative and sustainable strategies in the ETF structure was guided by our belief that ETFs reflect the most client-centric, liquid, tax efficient and transparent structure available to modern investors" said Vince Lorusso, Co-Founder and Co-Portfolio Manager. "We are proud that Changebridge has been an innovator in this space and the industry is taking notice."
Changebridge Capital Sustainable Equity ETF (Ticker: CBSE)
Performance (as of 11/12/21)
Inception Date: 11/13/20 Expense Ratio: 0.85% Benchmark: S&P 500 Index
Changebridge Capital Long/Short Equity ETF (Ticker: CBLS)
Performance (as of 11/12/21)
Inception Date: 11/13/20 Expense Ratio: 1.70% Benchmark: Wilshire Liquid Alt Equity Hedge Index
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of future results. Total return and value will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For the most recent standardized or month-end performance please visit: https://changebridgefunds.com/long-short-equity-cbls and https://changebridgefunds.com/sustainable-equity-cbse
About Changebridge Capital
Changebridge Capital was founded on the belief that capital markets include areas of inefficiency, which can be identified through the combination of our quantitative system and rigorous fundamental research.
Carefully consider a funds investment objective, risks, charges, and expenses contained in the prospectus available at http://www.changebridgefunds.com or by calling 617-717-2912. Read Carefully.
Investing involves risk including possible loss of principal.
Short selling involves the sale of securities borrowed from a third party. The amount the Fund could lose on a short sale is theoretically unlimited. Short selling also involves counterparty risk – the risk associated with the third party ceasing operations or failing to sell the security back.
Applying ESG criteria to the investment process may exclude securities of certain issuers for non-investment reasons which my adversely affect the fund.
Distributed by Foreside Fund Services, LLC.
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SOURCE Changebridge Capital
Company Codes: NYSE:CBLS, NYSE:CBSE, NYSEArca:CBLS, NYSEArca:CBSE
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