Questions about Dawn

Dawn Global, London and Jersey, is dedicated to active thematic ETF investing in the next generation of emerging and frontier growth markets – investing today in the economies of tomorrow. Dawn Global offers institutional investors, multifamily offices, investment and financial advisors long-term geographic and growth diversification accessed via public markets. Dawn Global aspires to make public markets investing in emerging and frontier growth markets accessible, affordable, efficient, scalable, and content-driven.

Dawn Global was founded by Maurits Pot. Maurits has been a public and private equity investment partner at Kingsway Capital, a leading emerging and frontier markets specialist with assets under management of more than $2 billion, where he has represented investors on the boards of several emerging market companies. Prior to this, Maurits worked in M&A at Goldman Sachs and at the commodity trader Vitol. Maurits earned a BA in Economics (Magna Cum Laude) from Middlebury College, Vermont.

Dawn Global is revisiting the traditional approach to emerging markets equities investing by sponsoring actively managed, regionally diversified, content-driven, thematically designed ETF product. The investment and sub-investment adviser follow an actively managed investment process conducted by Dawn Global combining quantitative top-down company screening with qualitative bottom-up company analysis, embedded with an ESG filter. The investment strategy is the first active thematic ETF dedicated to equities in emerging and frontier growth markets. Dawn’s investment strategy reflects a commitment to quality, liquidity, transparency, and risk management.

Questions about the Investment Process

An actively managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation – an active ETF does not adhere to any passive investment strategy or necessarily mirror or track and index.

Thematic investing seeks to capitalize on long-term trends that cut across company size, industry and geography. Dawn believes thematic strategies are dynamic by nature and reflect a deep understanding of the underlying drivers of long-term value creation and risk.

Dawn applies an actively managed investment process combining quantitative top-down company screening with qualitative bottom-up company analysis, with an ESG filter premised on an ESG exclusion policy. Dawn Global’s top-down quantitative investment screen involves 5 layers including:
1) ESG filter 2) minimum size criteria 3) minimum liquidity criteria 4) minimum quality criteria 5) maximum risk tolerance criteria. The bottom-up qualitative investment review involves 3 layers covering 1) bottom-up financial analysis 2) valuation analysis 3) governance and management analysis.

An actively managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation – an active ETF does not adhere to any passive investment strategy or necessarily mirror or track and index.

Thematic investing seeks to capitalize on long-term trends that cut across company size, industry and geography. Dawn believes thematic strategies are dynamic by nature and reflect a deep understanding of the underlying drivers of long-term value creation and risk.

Dawn applies an actively managed investment process combining quantitative top-down company screening with qualitative bottom-up company analysis, with an ESG filter premised on an ESG exclusion policy. Dawn Global’s top-down quantitative investment screen involves 5 layers including:
1) ESG filter 2) minimum size criteria 3) minimum liquidity criteria 4) minimum quality criteria 5) maximum risk tolerance criteria. The bottom-up qualitative investment review involves 3 layers covering 1) bottom-up financial analysis 2) valuation analysis 3) governance and management analysis.

Dawn applies an actively managed investment process combining quantitative top-down company screening with qualitative bottom-up company analysis, with an ESG filter premised on an ESG exclusion policy. Dawn Global’s top-down quantitative investment screen involves 5 layers including:
1) ESG filter 2) minimum size criteria 3) minimum liquidity criteria 4) minimum quality criteria 5) maximum risk tolerance criteria. The bottom-up qualitative investment review involves 3 layers covering 1) bottom-up financial analysis 2) valuation analysis 3) governance and management analysis.

Questions about CUBS ETF

CUBS ETF listed on NYSE in Jun-2021.

CUBS ETF invests directly in Bangladesh, Indonesia, Pakistan, Philippines, Vietnam. The ETF is also allowed to invest up to 10% of its assets in ADRs tied directly to companies with earnings in these countries.

CUBS ETF does not have thematic industry restrictions, but does exclude specific industries based on its ESG policy. The ESG policy restricts CUBS from investing in companies earning over 50% of their revenues from industries including Defence, Fossil Fuels, Gambling, Mining, Tobacco.

CUBS ETF rebalances semi-annually in June and December of each year.

CUBS ETF is currently available on several brokerage platforms including TD-Ameritrade, E-Trade, Fidelity, Interactive Brokers, Robinhood, Schwabb.

If you can buy US-listed stocks and ETFs, then you should be able to access CUBS ETF. Please check your brokerage platform or with your financial advisor.

The current expense ratio is 0.99%.

CUBS ETF invests in the Diamond Vietnam ETF to give investors exposure to a selection of Vietnam listed companies that are subject to direct foreign shareholder limits and therefore largely inaccessible to foreigners. These companies have historically been amongst the fastest growing and considered the most promising companies in Vietnam. The costs associated with the Vietnam ETF are absorbed by the CUBS ETF and therefore not passed on to Cubs investors.

How to buy CUBS ETF

*Neither Dawn Global, Kingsway Capital nor CUBS ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.