Enhanced Platform Builds on Success of
Victory CEMP Volatility Weighted ETFs
Cleveland, OH, January 18, 2017 – Victory Capital (“Victory”) today announced the next generation of its ETF platform, which is branded VictoryShares. VictoryShares builds on the success of the firm’s Victory CEMP volatility weighted ETFs, which have grown to approximately $960 million in AUM.* In addition to its 11 existing ETFs, Victory plans to launch new ETFs that will track indexes developed in partnership with Nasdaq. Victory today filed initial registration statements for the new ETFs with the Securities and Exchange Commission with the expectation that the ETFs will begin to launch in Q2 2017.
“Investors are demanding even greater choice when seeking to diversify beyond traditional active management or to improve upon cap-weighted indexing,” said David Brown, Victory’s Chairman and Chief Executive Officer. “We are pleased to partner with Nasdaq to bring innovative solutions to market that will further support our clients in meeting their investment objectives.”
VictoryShares will provide access to a robust tool kit of ETFs that seek to improve the risk, return and diversification profile of client portfolios. The expanded product line furthers Victory’s commitment to the strategic beta space and will include single- and multi-factor strategies designed to provide a variety of outcomes, including maximum diversification, dividend income, downside mitigation, minimum volatility and targeted factor exposure.
“The VictoryShares platform is designed to provide investors with rules-based solutions that bridge the gap between the active and passive elements of their portfolios,” said Mannik Dhillon, CFA, Head of Investment Solutions for Victory. “As investor behavior continues to evolve away from style box investing into factor- and risk-based investing, VictoryShares will serve as building blocks for next-generation portfolios.”
The names of the existing 11 Victory CEMP ETFs will be changed effective January 20, 2017, to reflect the VictoryShares branding. However, their tickers and CUSIP numbers will not change, and there is no change to the underlying CEMP indexes or corresponding methodologies.
Visit www.victoryshares.com for more information.
ABOUT VICTORY CAPITAL
Victory Capital is an integrated multi-boutique asset management firm, headquartered in Cleveland, OH. As of December 31, 2016, the firm had approximately $55 billion in assets under management and advisement.
Victory Capital is comprised of 11 autonomous investment franchises, each with an independent culture and investment approach. The franchises are supported by a robust distribution and operational platform, allowing them to focus solely on investment management.
Victory Capital provides investment advisory services to institutional clients including corporations, non-profits, public funds, Taft-Hartley and sub-advisory clients through separate accounts and commingled funds. Through its intermediary channel, Victory Capital also offers retail and retirement clients mutual funds and ETFs as well as separately managed accounts through wrap fee programs and access to its investment models through unified managed accounts. For more information, please visit www.vcm.com.
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Victory Capital means Victory Capital Management Inc., the investment adviser of the Victory Capital mutual funds, USAA Mutual Funds and VictoryShares ETFs. Victory Capital mutual funds and USAA Mutual Funds are distributed by Victory Capital Services, Inc. (VCS), an affiliate of Victory Capital. VictoryShares ETFs are distributed by Foreside Fund Services, LLC (Foreside). VCS and Foreside are members of FINRA. VCS and Victory Capital are not affiliated with Foreside. USAA is not affiliated with Foreside, Victory Capital, or VCS. 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.
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