Key stats
About Knowledge Leaders Developed World ETF
Expense ratio
0.75%
Home page
Inception date
Jul 7, 2015
ISIN
US46143U8493
KLDW is actively-managed to invest in 22 developed market countries excluding Hong Kong, non-US stocks will have at least 40% exposure to these markets. The portfolio will include large- and midcap companies as it seeks to capture the knowledge effect the tendency of innovative companies to outperform. KLDWs proprietary model adjusts historical financial statements for intangibles and capitalizes a companys financial strength, profitability, and investment in innovation. After these adjustments, the fund adviser selects only the most liquid companies. Intangible assets include R&D, advertising, brand development, and employee training expenses. On May 26, 2020, the fund reorganized from a passively-managed fund tracking the Knowledge Leaders Developed World Index to an actively-managed one. Also, Knowledge Leaders Capital, LLC replaced Exchange Traded Concepts, LLC as its investment adviser.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Technology Services
Health Technology
Electronic Technology
Stock breakdown by region