VictoryShares® Expands Suite of Thematic ETFs
November 11 2020 - 8:00AM
Business Wire
Introduces Innovative Strategies Designed for
the Military Community
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”
or the “Company”) today announced that it has launched the
VictoryShares Top Veteran Employers ETF (VTRN) and the
VictoryShares Protect America ETF (SHLD). Both ETFs began trading
on Nasdaq Stock Market® in early November 2020.
The launch of VTRN and SHLD follows the introduction of the
VictoryShares Nasdaq Next 50 ETF (QQQN) and further expands the
VictoryShares suite of thematic ETFs.
VTRN seeks to provide investment results that track the
performance of the Veterans Select IndexSM, before fees and
expenses. The Index is designed to capture the performance of
publicly traded companies with outstanding records as employers of
Veterans and members of the National Guard and Reserves.
Victory Capital also announced that it will allocate a portion
of the fees from VTRN to its financial readiness initiative for the
military community. The program is designed to deliver practical
information, expert insights and educational resources that support
former and current members of the military and their families in
preparing for and managing their financial futures.
SHLD tracks an index that uses artificial intelligence and
machine learning to identify companies that are on the forefront of
protecting our great nation. This includes companies that have
defense-related contracts with and provide services to the
Departments of Homeland Security, Energy, Defense and NASA.
Additionally, companies can be included based on their contribution
to the advancements of intellectual property and patents related to
aerospace and defense.
SHLD seeks to provide investment results that track the
performance of the Nasdaq Yewno Aerospace & Defense Index®
before fees and expenses. Companies are selected for the Index
based on proprietary data aggregated through a unique artificial
intelligence framework.
“Today as our nation honors our Veterans, we are very pleased to
introduce two ETFs that align with the values and interests of the
U.S. military community,” said Mannik Dhillon, CFA, CAIA,
President, VictoryShares and Solutions. “We are committed to
addressing the unique financial goals of the military community,
whether it’s through specially designed products, financial
readiness support or employment opportunities. We wish our Veterans
and service members a very happy Veterans Day. Thank you for your
service.”
In honor of Veterans Day, Victory Capital will be ringing the
Nasdaq Stock Market closing bell today, November 11, 2020.
Victory Capital entered the ETF business in 2015 and has grown
its VictoryShares platform to 23 ETFs in just over five years. In
addition to its risk-weighted strategies, VictoryShares leverages
the active insights of Victory Capital’s Investment Franchises to
offer innovative dividend growth and multi-factor strategies, as
well as thematic and active fixed income ETFs. Visit www.vcm.com
for more information.
About Victory Capital
Victory Capital is a diversified global asset management firm
with $132.7 billion in assets under management as of September 30,
2020. The Company operates a next-generation business model
combining boutique investment qualities with the benefits of a
fully integrated, centralized operating and distribution
platform.
Victory Capital provides specialized investment strategies to
institutions, intermediaries, retirement platforms and individual
investors. With nine autonomous Investment Franchises and a
Solutions Platform, Victory Capital offers a wide array of
investment styles and investment vehicles including, actively
managed mutual funds, separately managed accounts, rules-based and
active ETFs, multi-asset class strategies, custom-designed
solutions and a 529 College Savings Plan.
For more information, please visit www.vcm.com or follow us on
Twitter and LinkedIn.
Carefully consider a fund's investment objectives, risks,
charges and expenses before investing. To obtain a prospectus or
summary prospectus containing this and other important information,
visit www.victorysharesliterature.com. Read it carefully before
investing.
VictoryShares ETFs are distributed by Foreside Fund Services,
LLC, member FINRA. Victory Capital Management Inc. is the adviser
to the VictoryShares ETFs. Victory Capital is not affiliated with
Foreside Fund Services, LLC.
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 may invest in securities included in, or representative of
securities included in, the index, regardless of their investment
merits. International investments may involve risk of capital loss
from unfavorable fluctuation in currency values, from differences
in generally accepted accounting principles or from economic or
political instability in other nations. SHLD's investments may be
concentrated in an industry or group of industries that may face
more risks and exhibit higher volatility than investments that are
more broadly diversified over industries or sectors. Investments in
aerospace and defense companies may be adversely affected by
changes in governmental policies and spending as well as adverse
economic conditions and industry consolidation. SHLD is
non-diversified, which means that it may invest a large portion of
its assets in a small number of issuers. Non-diversified funds may
be more susceptible to economic or credit risks than diversified
funds. The value of your investment is also subject to geopolitical
risks such as wars, terrorism, environmental disasters, and public
health crises; the risk of technology malfunctions or disruptions;
and the responses to such events by governments and/or individual
companies.
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version on businesswire.com: https://www.businesswire.com/news/home/20201111005434/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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