Crossmark Global Investments Unveils Innovative ETFs
Crossmark Global Investments has officially introduced two actively managed exchange-traded funds (ETFs), namely Crossmark Large Cap Growth ETF (CLCG) and Crossmark Large Cap Value ETF (CLCV). This launch indicates an important milestone for the firm, focusing on values-based investment strategies that accommodate growing investor demand for transparency and performance.
Investing with Integrity: The Crossmark Approach
These ETFs emanate from Crossmark's commitment to a screening process that highlights both exclusionary and inclusionary values, attracting individuals who wish to adhere to their principles while seeking solid investment returns. The newly launched funds will be overseen by the esteemed Bob Doll, CFA, who is not just the Portfolio Manager but also the Chief Investment Officer and CEO of Crossmark. He will be supported by Ryan Caylor, CFA, the Head of Research and another talented Portfolio Manager.
Investment Strategies Tailored for Success
The investment strategies of CLCG and CLCV mirror the successful approaches of the firm's managed accounts. The management team aims to discover high-conviction securities by utilizing a blend of fundamental analysis and quantitative metrics. The goal is to achieve long-term capital appreciation while maintaining a portfolio that adheres to Crossmark's cherished values.
Growth and Value Strategies Defined
Specifically, the Crossmark Large Cap Growth ETF targets outperformance against the Russell 1000 Growth Index by leveraging opportunities within the growth segment of large-cap U.S. equities. Conversely, the Crossmark Large Cap Value ETF endeavors to outperform its respective benchmark, the Russell 1000 Value Index, through the identification of strong value securities that can withstand market fluctuations.
Voices from Leadership
According to Bob Doll, there's no reason for investors to compromise their values when seeking high-performance returns. He emphasizes that the funds' systematic screening process does not only omit companies with questionable business practices but also highlights those who are committed to risk reduction and sustainable, responsible strategies.
Heather Lindsey, Crossmark's Head of Distribution, echoed this sentiment, noting that venturing into the ETF market was a logical evolution for the company. These ETFs are designed to serve as accessible means for investors eager to engage in values-based investment opportunities.
About Crossmark Global Investments
Founded in 1987, Crossmark Global Investments specializes in crafting values-based investment strategies aimed at delivering exceptional performance for financial intermediaries and their clientele. The firm operates with a mission to help clients align their financial choices with their core beliefs.
Significantly, Crossmark is indirectly funded by a non-profit organization, which ensures that the net income supports various ministry programs. This commitment to making a positive impact underscores their belief in the power of returning value to society.
Understanding Fund Risks
Investors should carefully evaluate their investment objectives, risks, and expenses associated with these funds prior to making decisions. It's important to recognize that equity investments come with inherent risks, including market fluctuations and management decisions that may not lead to anticipated outcomes.
Moreover, specific screening policies could limit the funds' performance, as they may preclude investment opportunities that align with typical strategies not bound by such values-based criteria.
Investing with Crossmark
The funds, classified as non-diversified under the Investment Company Act of 1940, focus on relatively few issuers, which heightens both potential rewards and risks. Investors must be cognizant of the characteristics and behaviors of large-cap companies, particularly in terms of growth stock volatility.
As with any investment, a stake in the funds entails risk, including the possibility of losing principal. The funds, while actively managed, are subject to market forces and unexpected disturbances that can affect returns. Due diligence and reading the prospectus will illuminate the nuances and specifics of risk involved in each fund.
Frequently Asked Questions
What are Crossmark's newly launched ETFs?
Crossmark has introduced two actively managed ETFs: Crossmark Large Cap Growth ETF (CLCG) and Crossmark Large Cap Value ETF (CLCV), focused on values-based investment strategies.
Who manages these new ETFs?
Bob Doll, CFA, serves as the Portfolio Manager, CEO, and CIO, supported by Ryan Caylor, CFA, the Head of Research and co-Portfolio Manager.
What is the purpose of the values-based screening process?
The screening process aims to exclude companies with negative practices and to include those dedicated to sustainable business practices, aligning investments with investor values.
How do these ETFs perform compared to market benchmarks?
CLCG strives to outperform the Russell 1000 Growth Index, while CLCV aims to surpass the Russell 1000 Value Index by identifying strong value securities.
What risks should investors consider before investing in these funds?
Investors must be aware of market risks, management risks, and the potential impact of values-based screening on investment opportunities and performance.
