Roubini’s USAF ETF Posts 8% Gain on Launch Day

• Nouriel Roubini’s Atlas Capital Team Unveils Debut ETF.
• USAF ETF aims to combat inflation.
• The ETF market is expected to expand to trillions of dollars.

Nouriel Roubini’s debut Atlas America Fund (USAF) ETF made an impressive start on its first trading day, posting a 7.9% gain after listing on the US NASDAQ exchange. 

As of November 25, the fund is trading at $25.28 per share and has accumulated $1.01 million in assets under management (AUM)​ since its launch.

Backed by Industry Leaders

The Atlas America Fund (USAF) was launched on November 20 by world-renowned economist Dr. Nouriel Roubini, along with his fintech firm, Atlas Capital Team Inc. 

Roubini, known for his accurate predictions of the 2008 financial crisis, is making his first foray into the $13 trillion global ETF market with this new offering.

The ETF is designed to hedge against inflation by providing diversified exposure to US Treasury bonds, gold, real estate investment trusts (REITs), and food commodities. Targeting institutional and retail investors, USAF offers a stability-focused approach to navigating economic volatility.

“As the economic environment becomes increasingly volatile, I believe real assets can provide a resilient solution for preserving value,” said Dr. Roubini. “USAF is built to navigate these fluctuations, and with a proactive approach to risk management and growth, it offers investors an effective tool for adapting to the evolving macroeconomic landscape.”

Industry Partnerships Strengthen the Launch

Significant industry support bolstered the launch of the Atlas America Fund (USAF) ETF. DFG, a prominent Web3-focused venture capital firm with over $1 billion in assets under management, was key in backing Atlas Capital Group in its early stages.

“Dr. Roubini is an economic visionary, and that forward-thinking mentality is present throughout all of the Atlas Capital Group’s activities, including the launch of its first ETF,” stated James Wo, Founder and CEO of DFG.

Additionally, Goldman Sachs’s ETF Accelerator platform provided crucial infrastructure, offering a streamlined process for creating, listing, and managing ETFs.

Adaptive to Market Shifts

The Atlas America Fund is an actively managed ETF that adjusts its allocations regularly to maintain optimal exposure to asset classes that are resilient to volatile market conditions. 

The USAF ETF offers an alternative to the traditional 60/40 portfolio. It adapts to market shifts through regular allocation adjustments based on growth and inflation trends. 

It also aims to provide long-term, risk-adjusted returns by offering investors a balanced, adaptable portfolio.

Global ETF Market Surpassed $13 Trillion

The global ETF market continues to grow rapidly, surpassing $13 trillion in assets under management by mid-2024. With demand for safer, more adaptable strategies rising in uncertain economic times, the market is projected to exceed $18 trillion by 2026.

This growth is driven by increasing interest in niche ETFs focused on emerging technologies such as AI, cryptocurrency, and cybersecurity and expanding retail participation via online platforms.

On the Flipside

• The ETF market offers potential, but risks like volatility, liquidity issues, sector concentration, high costs for specialized products, and regulatory uncertainty should be considered.

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