DALLAS, Dec. 9, 2021 /PRNewswire/ -- McElhenny
Sheffield Capital Management, LLC (MSCM) announces the launch of
the McElhenny Sheffield Managed Risk ETF (CBOE: MSMR), an
actively-managed exchange-traded fund (ETF) targeting U.S. stocks
with a focus on managing risk through tactical rules-based
strategies.
The launch of MSMR adds to the firm's growing investment
management offerings, as the firm recently surpassed $400 million in assets under management across
its direct-client and subadvisory business. McElhenny Sheffield has
successfully managed client investments since its founding in 2000,
providing full wealth management services to individuals and
families as well as sub-advised investment management capabilities
to other Registered Investment Advisors and institutional
investors. Independent wealth managers have gravitated to MSCM's
tactical strategies for their ability to pursue upside while
dynamically managing risk and seeking to avoid significant
drawdowns.
"We believe our tactical strategies provide a compelling
solution for many investors as they look to achieve their
investment goals while avoiding the painful drawdowns associated
with bear markets." said Bruce
Fraser, Founder and Managing Partner at McElhenny Sheffield.
"We're proud to have supported our clients and other advisors over
the past two decades, and we are excited to extend our tactical
investment strategies to the investing public through a
tax-efficient active ETF with the launch of MSMR."
"We are excited to partner with McElhenny Sheffield," said JD
Gardner, Founder and CIO of Aptus Capital Advisors. "The ETF
wrapper offers an accessible way to deliver their active expertise
with maximum efficiency."
MSMR combines two separate tactical strategies into one ETF. The
ETF is based on a blend of MSCM's Trend Plus trend following
strategy and MSCM's Sector Rotation momentum strategy. Both
strategies offer a disciplined, rules-based approach that focuses
on risk management. The strategies are fully tactical in that they
can go from being 100% invested in U.S. equity ETFs to having zero
exposure to the stock market (i.e., 100% defensive). Grant Morris, MSCM Partner and Portfolio
Manager, said, "We believe all investors can benefit by adding a
tactical investment allocation to their existing portfolio due to
the low correlation of tactical strategies to more traditional
asset allocations." The MSMR ETF provides a simple and
tax-efficient way for investors to add an allocation to tactical
investment management. MSMR began trading on the CBOE BZX Exchange
on Wednesday, November 17, 2021.
Investors can learn more about MSMR at www.mscmfunds.com.
McElhenny Sheffield Capital Management
McElhenny
Sheffield Capital Management is an SEC registered investment
advisor and serves as the Funds' investment sub-advisor. The funds
are distributed by Quasar Distributors, LLC.
Aptus Capital Advisors
Aptus Capital Advisors is an
SEC registered investment advisor and serves as the Funds'
investment advisor. The fund is distributed by Quasar Distributors,
LLC.
An investor should carefully consider the investment
objectives, risks, charges and expenses of the ETFs as applicable,
before investing. The prospectus of MSMR contains this and other
important information and is available free of charge by calling
toll-free at 1-800-617-0004 or writing to Aptus at 265 Young
Street, Fairhope, AL 36532. The
prospectus should be read carefully before investing.
Investing involves risk. Principal loss is
possible. The Fund is non-diversified meaning it may
concentrate its assets in fewer individual holdings or sectors.
Therefore, the Fund is more exposed to individual stock volatility
or sensitive to developments that significantly affect those
issuers or sectors which could have a greater impact on its
performance. The Fund is new with no operating history or track
record to base an investment decision upon.
The Fund utilizes momentum and trend-based strategies that use a
variety of market indicators and stop levels that seek to identify
upward or downward trends in the U.S. equity markets. If an
indicator or stop level fails to detect significant downturns in
the market, the fund may continue to be exposed to underlying
positions that may lose value during such downward periods.
Similarly, if the indicators fail to timely identify a reversal of
a downward trending market, the Fund may continue to be exposed to
defensive ETFs at a time when there is significant appreciation in
the equity markets. Either scenario could result in the Fund
underperforming other funds that do not employ these strategies.
There can be no guarantee the Sector Rotation strategy will
correctly or timely identify the industries, sectors, or asset
classes that will outperform during a given quarter or that the
Trend Plus strategy will correctly or timely identify market
trends.
The Fund may invest in other investment companies and ETFs which
may result in higher and duplicative expenses. If the Fund invests
in U.S. Dollar ETFs, changes in currency exchange rates and
relative value of non-U.S. currencies will affect the value of the
Fund's investment and the value of Fund shares.
Investments in fixed income securities typically decrease in
value when interest rates rise. If interest rates fall certain
obligations may be paid off more quickly and the proceeds invested
in securities with lower yields. Changes in an issuer's
credit rating or the market's perception of an issuer's
creditworthiness may also affect the value of an investment in an
issuer.
Opinions expressed are subject to change at any time, are not
guaranteed and should not be considered investment advice.
Any tax or legal information provided is merely a summary of our
understanding and interpretation of some of the current income tax
regulations and it is not exhaustive. Investors must consult their
tax advisor or legal counsel for advice and information concerning
their particular situation.
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SOURCE McElhenny Sheffield Capital Management