Qraft AI-Enhanced U.S. Next Value ETF Reaches 2-Year Milestone
Actively managed by artificial intelligence, this pure value ETF has top tier performance
NEW YORK & SEOUL, South Korea–(BUSINESS WIRE)–$NVQ #AI–Qraft Technologies, a leading fintech focused on AI-driven investment management, celebrates the two-year anniversary of the Qraft AI-Enhanced U.S. Next Value ETF (NYSE: NVQ). To commemorate the occasion, Qraft teams in Seoul, Hong Kong, and New York rang the NYSE opening bell on November 28th.
“We believe the predictive power of Qraft’s artificial intelligence and our adjustment for intangible assets in our AI-Enhanced U.S. Next Value ETF represent a superior approach to value investing,” says Marcus Hyung-Sik Kim, CEO of Qraft Technologies, “We also believe in active management, and our AI-driven strategy is regularly updated, rotating into potential winners and rotating out of names that no longer appear compelling according to our AI. Our top decile performance among over 400 peer strategies in the Morningstar Mid-Cap Value Category for the 12-month period ended November 30, 2022 substantiates the effectiveness of our AI-driven portfolio.”
Launched on December 2, 2020, NVQ seeks pure value factor exposure, but takes a more nuanced approach than traditional value ETFs. Qraft’s AI technology learns from vast macro and fundamental data sets, with NVQ specifically learning from data relevant to intangible assets to develop a more complete view of a company’s intrinsic value. Since its launch, NVQ has returned over 16% annualized, and over the last one year NVQ has returned over 11%, strong results that have propelled NVQ towards the top of its value peer group. (Market price returns as of November 30, 2022.)
Francis Geeseok Oh, Qraft Technologies’ APAC CEO says, “We express our sincere gratitude to our clients and business partners as we celebrate two years since the launch of NVQ. “At its core, AI is prediction technology and Qraft’s ability to apply machine learning and deep learning to evaluate massive data sets exponentially faster than any person, assessing patterns, making connections, and finding signals has helped us uncover alpha and deliver value to investors.”
Since 2016, Qraft’s technology and investment teams have been applying AI technology to data processing, investment research, stock selection, portfolio construction, and risk management with the goal of delivering active equity portfolios that surpass the limitations of traditional asset management. In addition to NVQ, the Qraft AI-Enhanced ETF fund family includes the Qraft AI-Enhanced U.S. Large Cap ETF (NYSE: QRFT), the Qraft AI-Enhanced U.S. Large Cap Momentum ETF (NYSE: AMOM), and the Qraft AI-Enhanced U.S. High Dividend ETF (NYSE:HDIV).
To learn more about Qraft Technologies and its series of AI-powered ETFs, please visit: qraftaietf.com.
Returns as of Nov 30, 2022 (%) |
YTD |
1m |
3m |
1y |
3y |
5y |
10y |
NVQ – NAV |
4.02 |
4.83 |
8.20 |
11.00 |
– |
– |
– |
NVQ – Market Price |
3.88 |
4.57 |
7.98 |
11.33 |
– |
– |
– |
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
For the most recent standard performance of the Fund, click NVQ. |
About Qraft
Qraft is a fin-tech company aiming to drive growth in the asset management industry through its innovations in artificial intelligence (AI) and investing. Qraft has four AI ETFs listed on the NYSE (tickers: QRFT, AMOM, HDIV, NVQ) and offers other investment solutions, including a robo-advisory solution and an AI order-execution system. From data processing to alpha research and portfolio execution, Qraft has established a successful track record in developing innovative AI solutions that have been adopted by major financial institutions and turned into successful AI products and services.
This material does not constitute an offer to sell or the solicitation of an offer to buy any security or to enter into any agreement and Qraft Technologies, Inc. is not soliciting any action based upon this material.
The material is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. Consequently, we accept no responsibility or liability for the accuracy or otherwise of such information.
Opinions expressed are our current opinions only, any historical prices or values are as of the date indicated, we accept no responsibility to update any of the information contained in this material.
You should not rely on any of the information contained herein and you must obtain your own independent investment, financial, strategic, legal, regulatory, accounting and tax advice from your professional advisors.
Morningstar rankings are based on a fund’s average annual total return relative to all funds in the same Morningstar category. Fund performance used within the rankings, reflects certain fee waivers, without which, returns and Morningstar rankings would have been lower. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price. NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 1-855-973-7880 or visit our website at www.qraftaietf.com. Read the prospectus or summary prospectus carefully before investing.
The Funds are distributed by Foreside Fund Services, LLC Investing involves risk, including loss of principal. The Fund is subject to numerous risks including but not limited to: Equity Risk, Sector Risk, Large Cap Risk, Management Risk, and Trading Risk. The Fund relies heavily on a proprietary artificial intelligence selection model as well as data and information supplied by third parties that are utilized by such model. To the extent the model does not perform as designed or as intended, the Fund’s strategy may not be successfully implemented and the Fund may lose value. Additionally, the fund is non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund. As a result, each Fund may be more exposed to the risks associated with and developments affecting an individual issuer or a smaller number of issuers than a fund that invests more widely. A new or smaller fund’s performance may not represent how the fund is expected to or may perform in the long term if and when it becomes larger and has fully implemented its investment strategies. Read the prospectus for additional details regarding risks. The value approach to investing involves the risk that stocks may remain undervalued, undervaluation may become more severe, or perceived undervaluation may actually represent intrinsic value. Value stocks may underperform the overall equity market while the market concentrates on growth stocks. The small- and mid-capitalization companies in which the Fund invests may be more vulnerable to adverse business or economic evens than larger, more established companies, and may underperform other segments of the market or the equity market as a whole.
Distributed by Foreside Fund Services, LLC
Contacts
Media:
Bernardo Soriano
Gregory FCA for Qraft
Email: [email protected]
Phone: 914-656-3880