HARTFORD, Conn., June 18, 2019 /PRNewswire/ -- Virtus
Investment Partners (NASDAQ: VRTS), which operates a
multi-boutique asset management business, and affiliated manager
Sustainable Growth Advisers (SGA) have introduced the Virtus
SGA Emerging Markets Growth Fund (A Shares: VAEGX; C Shares: VCEGX;
I Shares: VIEGX; R6 Shares: VESRX), a new fund that offers
investors exposure to emerging markets through companies that the
managers believe demonstrate strong, predictable, and sustainable
growth potential.
Robert L. Rohn, portfolio
manager, analyst and co-founder of SGA, said the fund invests in
differentiated global businesses that they believe offer the
potential for predictable, sustainable growth over the long term.
The fund seeks long-term capital appreciation and may invest in
companies of all market capitalizations, but will generally utilize
large- and medium-capitalization companies. Kishore Rao and Hrishikesh (HK) Gupta are also
portfolio managers on the fund.
The high-quality growth investment approach used for the fund
mirrors the strategy of SGA's Emerging Markets Growth institutional
separate account management.
According to Rohn, SGA's investment process identifies companies
that it believes have a high degree of predictability, strong
profitability and above-average earnings and cash flow growth. The
portfolio managers expect to invest in a high-conviction
concentrated portfolio of 25-35 holdings. The fund's benchmark is
the MSCI Emerging Markets Index.
"At SGA, we believe that cash flow is the ultimate arbiter of
value," Rohn said. "Using this fundamental principle, the fund
seeks to generate high returns with lower risk by investing in
businesses that we believe have the potential for sustainable
growth in cash flow available to shareholders, a strategy that can
be particularly attractive in the volatile world of emerging
markets investing."
The introduction of the Virtus SGA Emerging Markets Growth Fund
marks the third strategy managed by SGA in the Virtus Funds product
lineup, including the Virtus SGA International Growth Fund (I
Shares: STITX) and the Virtus SGA Global Growth Fund (I Shares:
SGAPX), which Virtus adopted on May 6,
2019.
"SGA has historically generated very compelling investment
performance in each of the strategies they manage," said
Frank Waltman, executive vice
president, product management for Virtus. "As with all affiliates,
we look to leverage strong performing strategies in as many product
structures as possible. This fund expands our product offerings and
leverages SGA's consistent investment philosophy that is based on
fundamental research and investing in equities of sustainable
growth companies."
About Sustainable Growth Advisers
Founded in 2003, Sustainable Growth Advisers is an institutional
investment management firm focused on providing high conviction
U.S., global, international, and emerging markets portfolios. Its
approach is designed to identify companies that they believe
generate attractive absolute and relative returns over time by
aligning client objectives with differentiated global businesses
that could generate predictable, sustainable growth. SGA, which had
$12.5 billion in client assets under
management as of March 31, 2019,
operates as an independent affiliate of Virtus Investment
Partners.
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive
partnership of boutique investment managers singularly committed to
the long-term success of individual and institutional investors.
The company provides investment management products and services
through its affiliated managers and select subadvisers, each with a
distinct investment style, autonomous investment process, and
individual brand. Virtus Investment Partners offers access to a
variety of investment styles across multiple disciplines to meet a
wide array of investor needs. In addition to SGA, Virtus'
affiliates include Ceredex Value Advisors, Duff & Phelps
Investment Management, Kayne Anderson Rudnick Investment
Management, Newfleet Asset Management, Rampart Investment
Management, Seix Investment Advisors, Silvant Capital Management,
and Virtus ETF Solutions. Additional information is available at
virtus.com.
Risk Considerations
Equity Securities: The market price of equity securities
may be adversely affected by financial market, industry, or
issuer-specific events. Focus on a particular style or on small or
medium-sized companies may enhance that risk. Foreign &
Emerging Markets: Investing internationally, especially in
emerging markets, involves additional risks such as currency,
political, accounting, economic, and market risk. Geographic
Concentration: A fund that focuses its investments in a
particular geographic location will be highly sensitive to
financial, economic, political, and other developments affecting
the fiscal stability of that location. Industry/Sector
Concentration: A fund that focuses its investments in a
particular industry or sector will be more sensitive to conditions
that affect that industry or sector than a non-concentrated
fund.
Please consider the investment objectives, risks, charges,
and expenses of the fund carefully before investing. The prospectus
contains this and other information about the fund. For this and
other information about any Virtus mutual fund, contact your
financial representative, call 1-800-243-4361, or visit
Virtus.com. Read the prospectus carefully before you invest
or send money.
Distributed by VP Distributors, LLC, member FINRA and
subsidiary of Virtus Investment Partners, Inc.
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SOURCE Virtus Investment Partners, Inc.