The exchange-traded fund (ETF) launched uses founder David Daglio’s personal portfolio as the fund’s initial holdings.

Longnook ETF LLC has listed an actively managed global equity ETF, the Longnook Uncommon Compounders ETF (LUNC), on the NYSE. The fund is managed by David Daglio, founder and chief investment officer of Longnook The fund aims to deliver long-term capital appreciation by investing in companies that it considers undervalued and have lasting competitive advantages and strong returns on capital. The fund is managed by David Daglio, founder and chief investment officer of Longnook, who has more