KNO – AXS Knowledge Leaders ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide long-term capital appreciation. The fund invests primarily in equities the advisor considers to be highly innovative companies or “knowledge leaders.” The portfolio will include a diversified mix of mid- and large-cap companies from the developed world including North America, Europe and Asia. Under normal circumstances, at least 80% of the fund’s assets will be invested in securities the fund’s advisor identifies as knowledge leaders at the time of investment, with not more than 25% in any one industry.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
KNO	AXS Knowledge Leaders ETF	ETF	Open			Jul 7, 2015	$42.61M	0.750%	—	—	−$6.27M

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