San Antonio, Texas, December 18, 2019 ― 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 https://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. linkedin
Contacts:
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
Disclosure:
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All investing involves risk, including the potential loss of principal.
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.
Learn more about Foreside at FINRA's BrokerCheck.