VictoryShares ETFs Exceed $5 Billion AUM Milestone
December 18 2019 - 10:00AM
Business Wire
Victory Capital today announced that its VictoryShares ETF
platform has crossed the $5 billion mark in assets under
management. The firm entered the ETF business in 2015 and its
growing ETF platform includes a suite of strategies that use a
rules-based approach to seek to outperform traditional market
cap-weighted indexing strategies.
“The methodologies behind our innovative strategic beta ETFs
have resonated with investors who understand the inherent
deficiencies of traditional cap-weighted indexes,” said Mannik
Dhillon, President of VictoryShares and Solutions. “Our success is
rooted in bringing clients solutions that seek to deliver on our
mission to combine active insights with passive solutions that are
low cost and tax efficient.” *
Having amassed $5 billion in assets in five years, VictoryShares
is among the fastest-growing ETF issuers in the United States.**
“The ETF industry has seen rapid growth and we’re appreciative of
both the opportunity to contribute to that evolution and the trust
our clients have placed in us,” Dhillon said.
In addition to its risk-weighted strategies, VictoryShares
leverages the active insights of Victory Capital’s Investment
Franchises to offer innovative dividend growth and minimum
volatility strategies, as well as active fixed income ETFs. Visit
http://victoryshares.com for more information.
*Trading costs and other fees may
apply.
**Source: Morningstar. Calculated AUM
growth rate from October 2014-October 2019.
About Victory Capital
Victory Capital is a global investment management firm operating
a next-generation, integrated multi-boutique business model with
$149.5 billion in assets under management as of November 30,
2019.
Victory Capital provides specialized investment strategies to
institutions, intermediaries, retirement platforms and individual
investors, including USAA members through its direct member
channel. Through its Investment Franchises and Solutions Platform,
Victory Capital offers a diverse array of independent investment
approaches and innovative investment vehicles designed to drive
better investor outcomes. This includes actively managed mutual
funds and separately managed accounts, rules-based and active ETFs,
multi-asset class strategies, custom solutions and a 529 College
Savings Plan.
For more information, please visit www.vcm.com or follow us on
Twitter and LinkedIn.
VictoryShares AUM will differ from consolidated Victory Capital
AUM reporting which excludes assets managed for other proprietary
product (e.g. funds of funds) in order to adjust for double
counting.
Strategic beta refers to rules-based investment strategies that
do not use traditional market capitalization weights. Rather, a
strategic beta ETF uses alternative weighting schemes based on
measures such as volatility or dividends.
Victory Capital means Victory Capital Management Inc., the
investment manager of the Victory Capital mutual funds, USAA Mutual
Funds, VictoryShares ETFs, and VictoryShares USAA ETFs. Victory
Capital mutual funds and USAA Mutual Funds are distributed by
Victory Capital Advisers, Inc. (VCA). VictoryShares ETFs and
VictoryShares USAA ETFs are distributed by Foreside Fund Services,
LLC (Foreside). VCA and Foreside are members of FINRA and SIPC.
Victory Capital Management Inc. (VCM) is the investment adviser to
the Victory Capital mutual funds, USAA Mutual Funds, VictoryShares
ETFs and VictoryShares USAA ETFs. VCA and VCM are not affiliated
with Foreside. USAA is not affiliated with Foreside, VCM, or VCA.
USAA and the USAA logos are registered trademarks and the USAA
Mutual Funds and USAA Investments logos are trademarks of United
Services Automobile Association and are being used by Victory
Capital and its affiliates under license.
Consider the Fund’s investment objectives, risks, charges and
expenses and other information about the VictoryShares ETFs and
VictoryShares USAA ETFs, available in each ETF’s prospectus or, if
available, summary prospectus, carefully before investing. To
obtain a copy, please visit www.victorysharesliterature.com or call
800.991.8191. Read it carefully before investing.
Investments involve risk including possible loss of principal.
ETFs have the same risks as the underlying securities traded on the
exchange throughout the day. Redemptions are limited and often
commissions are charged on each trade, and ETFs may trade at a
premium or discount to their net asset value. ETFs focused on high
dividend strategies may not be successful. Dividend paying stocks
may fall out of favor relative to the overall market. ETFs may
invest in securities included in, or representative of securities
included in, the index, regardless of their investment merits.
The ETFs are not actively managed and do not, therefore, seek
returns in excess of their respective Index. However, the UITB and
USTB ETFs are actively managed and judgments about a particular
security, markets or investment strategy may prove to be incorrect
and may cause the ETFs to incur losses.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191218005436/en/
Investors: Matthew Dennis, CFA Chief of Staff &
Director, Investor Relations 216-898-2412 mdennis@vcm.com
Media: Tricia Ross 310-622-8226 tross@finprofiles.com
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