New 3EDGE ETFs Have Raised $200 Million Since October 3, 2024 Launch
3EDGE Asset Management, a leader in active and tactical asset management solutions, announced the official launch of its highly anticipated suite of 3EDGE ETFs. Since going live on the New York Stock Exchange on October 3, 2024, these innovative funds have gathered almost $200 million in investments. Several turnkey asset management platforms have converted their accounts to take advantage of the benefits offered by utilizing 3EDGE ETFs.
Each of the 3EDGE ETFs is designed as a building block for 3EDGE’s tactical, multi-asset strategies. By leveraging the in-kind creation and redemption process inherent in ETFs, the firm aims to enhance the tax efficiency of these strategies while reducing portfolio turnover and transaction costs.
The 3EDGE ETF suite comprises of four actively managed funds that seek to deliver attractive risk-adjusted returns while maintaining competitive costs and tax efficiencies inherent in ETFs:
- 3EDGE Dynamic U.S. Equity ETF (Ticker: EDGU) – Tactical investments in diversified U.S. equities, seeking capital appreciation and to generate enhanced risk-adjusted returns over a full market cycle.
- 3EDGE Dynamic International Equity ETF (Ticker: EDGI) – Tactical investments in diversified international equities, seeking capital appreciation and to generate enhanced risk-adjusted returns over a full market cycle.
- 3EDGE Dynamic Fixed Income ETF (Ticker: EDGF) – Invests in fixed-income securities, seeking total return through capital appreciation and current income consistent with the preservation of capital.
- 3EDGE Dynamic Hard Assets ETF (Ticker: EDGH) – Offers exposure to hard assets such as precious metals, energy and agriculture, providing diversification beyond traditional equities and fixed income.
"With the launch of our ETFs, we aim to deliver attractive investment solutions while driving down costs for our clients," said Stephen Cucchiaro, CEO, Chief Investment Officer at 3EDGE Asset Management. "Our research, investment and trading teams have a deep background in utilizing ETFs to create differentiated investment solutions. The $200 million in inflows from advisors is a testament to the demand for innovative, tax-efficient strategies that maintain a focus on risk management and long-term growth."
3EDGE’s strategies are utilized by almost 500 financial advisors through turnkey asset management platforms like Envestnet, Orion Portfolio Solutions, SMArtX, Adhesion and Union by Potomac. Jeff Goodnow, Chief Growth Officer of Union by Potomac said, “There’s a bear market in diversification and it’s getting increasingly difficult to find solutions that help reduce risk. 3EDGE ETFs, when used together, or individually, offer advisors customizable risk-adjusted options with their core strategies.”
About 3EDGE Asset Management
3EDGE Asset Management, LP, is a multi-asset investment management firm serving the advisor marketplace, institutional investors, and private clients. 3EDGE strategies act as tactical diversifiers, seeking to generate consistent, long-term investment returns, regardless of market conditions, while seeking to manage downside risks.
3EDGE’s investment research process is driven by the firm’s proprietary global capital markets model. The model is tested over a wide variety of economic and market conditions and translates decades of research and investment experience into a system of causal rules and algorithms to describe global capital market behavior. 3EDGE offers a full suite of solutions that seek to meet investors’ different objectives. 3EDGE manages $1.33 Billion in Assets Under Management and approximately $533 Million in Assets Under Advisement (AUA) as of 8/31/2024. AUA includes non-discretionary assets managed by other registered investment advisers using 3EDGE’s model portfolios. Learn more at www.3edgeam.com.
Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's full or summary prospectus, which may be obtained by visiting 3edgeetfs.com. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal. There is no guarantee the Funds will achieve their stated investment objectives. Diversification may not protect against market risk.
The Funds may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.
Because the Funds are new, investors in the Funds bear the risk that the Funds may not be successful in implementing its investment strategy.
The Funds are distributed by SEI Investments Distribution Co (SIDCO, 1 Freedom Valley Drive, Oaks, PA 19456) which is not affiliated with 3EDGE Asset Management.
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