Noble-Impact Capital is beginning their entry into the ETF sector with the launch of their first fund, the Noble Absolute Return ETF (NOPE), looking to offer an actively managed investment strategy. NOPE will select their assets based fundamentals, setup, and macro environment with no set theme, just securities they see fit. The open model for NOPE will allow net exposures to be between -100% short all the way to 150% long.
ETF Newz Says:
NOPE’s strategy is not seen very often and could offer a more dynamic investment process.
