Cohen & Steers Unveils New Active ETFs
Cohen & Steers, Inc. (NYSE: CNS) has made an exciting announcement regarding the launch of three innovative active ETFs trading on the NYSE Arca. This launch opens doors for advisors and investors to engage with the firm's renowned investment strategies through a new active ETF format. By opting for these active ETFs, investors can access unique approaches designed to optimize total return and achieve tax-efficient income.
Focus and Strategy of the ETFs
The newly introduced ETFs emphasize generating total returns while ensuring tax efficiency and diversification. They strategically target sectors involving real estate, preferred securities, and natural resource equities. The trio of active ETFs comprises:
Cohen & Steers Real Estate Active ETF (CSRE)
The Cohen & Steers Real Estate Active ETF aims to deliver total return by exploring a comprehensive range of listed real estate securities. It primarily focuses on US Real Estate Investment Trusts (REITs) that the firm holds in high regard. Additionally, this ETF may invest in international markets and other securities associated with real estate. The management team responsible for CSRE comprises industry experts led by Jason Yablon, alongside Mathew Kirschner and Ji Zhang.
Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF)
The policy of the Cohen & Steers Preferred and Income Opportunities Active ETF centers around generating high-quality tax-efficient income alongside overall portfolio diversification. The emphasis here is on investment-grade preferred securities, allowing for strategic investments across this special universe. Experts in fixed income, Elaine Zaharis-Nikas, Jerry Dorost, and Robert Kastoff, lead the management of this ETF, guaranteeing thoughtful passive and active investment management.
Cohen & Steers Natural Resources Active ETF (CSNR)
For those looking to secure total returns and protect against inflation, the Cohen & Steers Natural Resources Active ETF is the solution. This ETF focuses on companies involved in the production, extraction, and processing of natural resources, covering vital sectors such as energy, agriculture, and metals. Tyler Rosenlicht leads the management of this ETF, which capitalizes on the growing demands within resource industries to provide enduring investment opportunities.
The Strategy Behind the Launch
Cohen & Steers is recognized for its market leadership in managing actively handled REIT and preferred securities mutual funds. With this new venture into the active ETF sphere, the firm reinforces its commitment to delivering deep expertise within listed real assets and alternative income sources. The simultaneous launch of CSRE, CSPF, and CSNR highlights the company’s drive to support advisors in constructing robust portfolios through precise allocations to real estate and natural resource equities.
Leadership Perspectives
Joseph Harvey, the Chief Executive Officer, expressed optimism about the new ETF strategies, stating, "The launch of our active ETFs strategies reinforces our commitment to providing investors with vehicles that help them achieve their objectives and unlock the full potential of their portfolios. We see significant tailwinds for real assets and preferred securities and believe that an allocation to these asset classes can lead to superior investment outcomes compared to traditional stock and bond portfolios."
Daniel Noonan, Head of the Wealth Management Consulting Group, remarked on the favorable landscape for active ETFs, noting their growing preference among wealth management professionals. He relayed, "Active ETFs have seen tremendous market growth and have become the preferred vehicle for many wealth managers and their clients. Launching active ETFs represents a significant opportunity for Cohen & Steers to expand access to our time-tested strategies in real assets and alternative income. We look forward to educating advisors on how active management in these specialized asset classes can help diversify portfolios and improve client outcomes."
About Cohen & Steers
Cohen & Steers is a prominent global investment manager with a specialization in real assets and alternative income. The firm focuses on a diverse range of investment options, including listed and private real estate, preferred securities, infrastructure projects, resource equities, and commodities. Since its establishment in 1986, Cohen & Steers has expanded its presence globally, offering services from multiple office locations across significant cities.
Frequently Asked Questions
What are the new active ETFs introduced by Cohen & Steers?
Cohen & Steers introduced three active ETFs focused on real estate, preferred securities, and natural resources: CSRE, CSPF, and CSNR.
How does the Cohen & Steers Real Estate Active ETF (CSRE) work?
The CSRE ETF invests mainly in US REITs and other related securities, aiming for complete returns and diversification in real estate investment.
Who manages the Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF)?
The CSPF ETF is managed by Elaine Zaharis-Nikas and her team, focusing on high-quality, tax-efficient income through preferred securities.
What is the purpose of the Cohen & Steers Natural Resources Active ETF (CSNR)?
The CSNR ETF aims to provide total return while offering inflation protection by investing in companies partaking in natural resources extraction and processing.
Why are active ETFs gaining popularity?
Active ETFs provide strategic investments and management, aligning well with the needs of wealth managers and their clients focusing on improved portfolio outcomes.
