ANN ARBOR, Mich.--(BUSINESS WIRE)--Exponential ETFs, an exchange-traded fund issuer, today announces the launch of its fixed fee sub advisory and capital markets service for select partnered asset managers.
This first-of-its kind service provides select partners with combined portfolio management and capital markets solutions for a fixed fee as opposed to the traditional asset-based fee structure that results in higher costs for the fund manager as successful products attract assets.
“ETF issuers and index providers are under immense fee pressure,” says Phil Bak, CEO of Exponential ETFs. “We are creating a solution that allows emerging managers to offer competitively priced products to their clients. Fund managers should never be penalized for achieving success.”
Exponential ETFs will offer these fixed fee sub advisor services to select asset managers that align with the firm’s dedication to providing investors with low cost, innovative ETFs that fill an unsatisfied need within the market.
“By leveraging our extensive trading experience, capital markets sophistication, technology infrastructure and disciplined process, our partners can focus on building their businesses and passing those efficiencies on to their clients,” adds Charles Ragauss, CFA, Managing Director of Exponential Advisory Services.
In addition to portfolio, trade and tax management, Exponential also offers a variety of capital market services such as portfolio compliance review, liquidity sourcing, real time monitoring, index construction, creation/redemption basket management and risk management. Interested parties should reach out to Charles Ragauss, CFA, at 734-821-6874.
About Exponential ETFs
Exponential ETFs offers exchange traded funds in partnership with select asset managers. These managers are chosen for their ability to utilize differentiated approaches to investing that seeks to provide superior results for investors. Backed by over 30 years of ETF industry expertise, Exponential ETFs are built and managed using the industry’s best practices, and are overseen by an experienced product management team and an industry leading capital markets infrastructure. Exponential ETFs is wholly owned by ACSI Funds.
About ACSI Funds
ACSI Funds is a boutique asset manager that creates investment products based upon proprietary customer satisfaction data from the nationally recognized American Customer Satisfaction Index (ACSI). The ACSI was created in 1994 by Dr. Claes Fornell, University of Michigan Professor Emeritus, and measures over 350 brands, engaging over 100,000 household customers each year to identify trends in customer satisfaction and provide benchmarking insights for companies, industry trade associates, and government agencies.
The American Customer Satisfaction Core Alpha ETF was named ETF Innovation of the Year at the 2017 Fund Action ETF Innovation Awards.
The firm and the ACSI ETF were also nominated for the 2017 ETF.com Awards as the most innovative new ETF and the new ETF issuer of the year.