MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, January 9, 2025 A 45-Year-Old AM Preps Its Active ETF Debut Scott McBride and his team at a 45-year-old, $33-billion-AUM fund firm are preparing to enter the ETF side of the business.
The filing does not reveal who will serve as the planned ETF's independent accounting firm. Nor does the filing reveal the ETF's expense ratio, primary listing exchange, or ticker. A launch date is not listed, though from the look of the filing the initial plan for the ETF might have been to launch it last year. The H&W Smid Cap Diversified Value Fund's PM team will include a pair of H&W portfolio managers: Judd Peters and Ryan Thomas. They plan to invest the ETF's underlying assets in stocks from value stocks in the small to mid-cap range. The planned ETF will be actively managed series of Hotchkis and Wiley Funds Per the filing, the planned fund's service providers will include: Brown Brothers Harriman & Co. as securities lending agent; ACA Foreside's Quasar Distributors, LLC as distribution and principal underwriter; U.S. Bancorp Fund Services, LLC (dba U.S. Bank Global Fund Services) as administrator, custodian, fund accountant, and transfer agent; and Vedder Price P.C. as counsel. Printed from: MFWire.com/story.asp?s=69384 Copyright 2025, InvestmentWires, Inc. All Rights Reserved |
