On Wednesday, Uncommon Giving Corporation announced the launch of its first values-based ETF on the NYSE. The
Uncommon Portfolio Design Core Equity ETF (NYSE Arca: UGCE) is managed by its investment advisory affiliate, Uncommon Investment Advisors, and sub-advised by Portfolio Design Advisors, Inc.
UGCE is an actively managed ETF that seeks to achieve its investment objective of providing capital appreciation by investing primarily in equity securities. Investments are comprised of two different strategies managed by Portfolio Design Advisors (PDA).
“We are excited to partner with Uncommon Investments for the launch of our first ETF,” said Paul Knipping, PDA Portfolio Manager. “The fund combines two of our most popular strategies: our Large Cap Dividend Payer model, predominately a dividend paying strategy, and our Pure U.S. Equity model, which is a large cap growth strategy. We believe the combination of these two strategies creates a diversified large cap core ETF, which both taxable and tax-advantage clients can use.”