The team at a $6.5-billion-AUM*, 28-year-old fund firm near Portland is celebrating the rise of their first ETF into nine-figure territory.

Yesterday (Monday, February 2), Richard Clark, managing director at Jensen Investment Management [profile], highlighted that the Jensen Quality Growth ETF (JGRW on the NYSE Arca) recently surpassed $100 million in AUM. The fund now has about $124.962 million in AUM*.

Lake Oswego, Oregon-based Jensen serves as investment advisor to JGRW, which launched on August 13, 2024. The ETF comes with an expense ratio of 57 basis points.

JGRW has a five-person PM team. That team includes:

Allen Bond, head of research and managing director;

Adam Calamar, portfolio manager;

Kurt Havnaer, PM;

Rob McIver, president and managing director; and

Jeff Wilson, PM.

Clark describes the growth of JGRW as illustrating "investor demand for flexible access to Jensen's Quality Growth investment philosophy."

"By offering our strategy in multiple vehicles — mutual fund, ETF, separate account, and UMA — we are giving investors more choice in how they engage with our disciplined, long-term approach to quality investing," Clark states.

JGRW is an actively managed, non-diversified series of Trust for Professional Managers. The ETF's other service providers include:

Cohen & Company, Ltd. as independent accounting firm;

ACA's Foreside Financial Group as distributor;

Godfrey & Kahn, S.C. as counsel;

U.S. Bancorp Fund Services, LLC (dba U.S. Bank Global Fund Services) as administrator, dividend disbursing agent, fund accountant, and transfer agent; and

U.S. Bank National Assocation as custodian.

*As of December 31, 2025.

**As of February 2, 2026 (yesterday). 

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