Exciting Launch of Active ETFs by Crossmark Global Investments
Crossmark Global Investments, a leader in faith-based investment management, has recently made a significant entry into the ETF market with the launch of two actively managed funds: the Crossmark Large Cap Growth ETF (CLCG) and the Crossmark Large Cap Value ETF (CLCV). These investment products are designed for investors looking to align their portfolios with both financial goals and personal values.
Fundamentals Behind the Launch
The introduction of these ETFs stems from a growing demand for value-oriented investment options that resonate with personal ethics and beliefs. Investors today seek more than just monetary growth; they want their investment choices to reflect their values. Crossmark's screening process incorporates both exclusionary and inclusionary strategies, ensuring that funds align with responsible business practices.
Management Team and Fund Strategy
Bob Doll, CFA, who serves as the Chief Investment Officer and CEO of Crossmark, leads the management of these funds alongside Portfolio Manager Ryan Caylor, CFA. Their combined expertise promises a strategic approach to portfolio management aimed at identifying high-conviction securities. Their investment strategy entails a balance of fundamental analysis and quantitative assessments, focusing on securities that show potential for long-term appreciation.
Performance Benchmarks
The Crossmark Large Cap Growth ETF aspires to outperform the Russell 1000 Growth Index, investing in established companies that exhibit strong growth potential. Meanwhile, the Crossmark Large Cap Value ETF is positioned to exceed the performance of the Russell 1000 Value Index by targeting fundamentally sound companies that are undervalued yet resilient.
Commitment to Values-Based Investing
Bob Doll emphasizes the importance of values in investment strategies, stating, "Investors do not need to compromise on personal values to pursue outperforming investment strategies." The funds actively seek companies dedicated to fostering positive change, thus encouraging responsible investing. This approach not only excludes businesses with negative practices but also promotes firms serving societal needs.
Transitioning to ETFs: A Strategic Move
Heather Lindsey, Head of Distribution, highlights the strategic transition into the ETF arena as a natural progression for Crossmark. The ETFs offer investors a transparent and accessible route to actively managed strategies, fulfilling demand for value-aligned investment solutions.
About Crossmark Global Investments
Founded in 1987, Crossmark is dedicated to providing values-aligned investment strategies. The firm associates itself with nonprofit organizations, ensuring that its operations contribute to multiple ministry programs, reflecting a commitment to social responsibility. Their goal continues to be helping clients align their financial objectives with their personal values.
Investor Considerations
Like any investment, potential investors should fully evaluate the objectives, risks, and costs associated with the funds. While the ETFs offer exciting opportunities in values-based investing, they are also subject to market risks typical of equity investments. Due diligence before investing is highly encouraged.
Frequently Asked Questions
What are the new ETFs launched by Crossmark Global Investments?
The two new ETFs are the Crossmark Large Cap Growth ETF (CLCG) and the Crossmark Large Cap Value ETF (CLCV).
Who is managing these ETFs?
Bob Doll, the CEO, and CIO of Crossmark is the primary manager, with Ryan Caylor serving as co-manager.
What investment strategy do these ETFs follow?
Both ETFs aim for long-term capital appreciation and utilize a mix of fundamental and quantitative analysis based on values-driven criteria.
What benchmarks do these ETFs target?
The Crossmark Large Cap Growth ETF targets the Russell 1000 Growth Index, while the Crossmark Large Cap Value ETF aims to outperform the Russell 1000 Value Index.
What is the ethos behind Crossmark's investment strategy?
Crossmark aims to align investments with personal values, excluding companies with negative practices while including those promoting responsible and sustainable actions.
