ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Disruptive Technology Channel
  2. TrueMark Launches Two Actively Managed ETFs ‘LRNZ’ and ‘ECOZ’
Disruptive Technology Channel
Share

TrueMark Launches Two Actively Managed ETFs ‘LRNZ’ and ‘ECOZ’

Aaron NeuwirthMar 03, 2020
2020-03-03

Rosemont, IL-based asset manager TrueMark Investments launched the first two ETFs in its True-Shares actively managed ETF lineup on Monday: the TrueMark Technology, AI and Deep Learning Fund (LRNZ) and the TrueMark ESG Active Opportunities Fund (ECOZ).

LRNZ, an artificial intelligence ETF, and ECOZ, an ESG ETF, seek to provide active, targeted exposure guided by expert industry specialists.

“We’re very excited to bring the True-Shares investment approach to the market,” said Mike Loukas, CEO of TrueMark Investments. “We believe the nascent asset classes of the New Economy— such as Artificial Intelligence and ESG—represent generational growth opportunities that are well-suited to active management, which is exactly why we created True-Shares. We intend to provide investors with the ability to navigate these exciting new sectors of the economy utilizing ETFs helmed by highly credentialed, industry-specific investment experts.”

As noted, LRNZ seeks to provide access to a concentrated portfolio of technology companies that are significantly involved in the burgeoning application of artificial intelligence, targeting companies with leading-edge AI, machine learning, or deep learning technology platforms. “We believe AI has reached a tipping point,” said Sam Kim, the portfolio manager for LRNZ and founder of Black Hill Capital Partners, the fund’s sub-advisor. “With the intersection of big data, ever-increasing computational power, and more sophisticated AI algorithms, we have already started to see changes in the way businesses fundamentally operate. With LRNZ, we hope to provide investors with transparent, affordable access to this rapidly evolving landscape.”

Additionally, ECOZ seeks to provide access to a diversified portfolio of large U.S. companies with attractive investment profiles that also meet certain quantitative and qualitative environmental, social, and governance (ESG) standards, with a particular emphasis on carbon footprint. The fund’s proprietary evaluation process includes an evaluation of Environmental, Social and Governance characteristics within sector context, which seeks to more accurately identify the most sensitive and relevant ESG categories in each industry.

Investments Aligning With Value

“An increasing number of individuals and organizations are demanding investments that align with their values,” said Linda Zhang, Founder, and CEO of Purview Investments, the fund’s subadvisor. “ECOZ aims to provide investors with an environmentally resilient and sustainable portfolio, offering exposure to large U.S. companies that are champions in their respective industries’ transition toward improved environmental, social and governance practices, while avoiding those enterprises that may carry long-term risks to the global community.

LRNZ will have an expense ratio of 0.68%, and ECOZ will have an expense ratio of 0.58%.

“LRNZ and ECOZ are just the first steps,” said Ralph Rudolph, CMO at TrueMark Investments. “With our True-Shares lineup, we’re looking forward to providing investors with true access to new economy asset classes for years to come.”

This article originally appeared on ETFTrends.com.


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X