HARTFORD, Conn., Nov. 19, 2020 /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 New Leaders
Growth Fund (A Shares: VNLAX, C Shares: VNLCX, I Shares: VNLIX, R6
Shares: VNLRX), which offers investors exposure to high-quality
companies across the globe, with a distinct focus on
mid-capitalization companies.
Robert L. Rohn, portfolio
manager, analyst, and co-founder of SGA, said the fund invests in
differentiated global businesses that he and portfolio managers
Kishore Rao and Hrishikesh (HK)
Gupta believe offer the potential for predictable, sustainable
growth. The fund's objective of seeking long-term capital
appreciation utilizes an investment approach that is also used by
SGA's Global Mid-Cap Growth institutional separate account
strategy.
SGA's investment process identifies companies that the firm
believes have a high degree of predictability, strong
profitability, and above-average earnings and cash flow growth. The
portfolio managers expect the fund, which is benchmarked to the
MSCI ACWI Mid Cap Index, will invest in a high-conviction,
concentrated portfolio of approximately 25-35 high-quality,
primarily mid-cap companies in the U.S. and developed and emerging
markets.
"Our investment philosophy is centered on three essential
elements: quality, growth, and valuation, with cash flow serving as
the ultimate arbiter of value," Rohn said. "We use this philosophy
to build a portfolio of quality companies that have predictable,
resilient business models, including pricing power, recurring
revenues, global opportunity, robust financials, and a strong
management team. We believe this strategy can be particularly
attractive when investing in mid-cap companies across market
sectors worldwide."
Frank Waltman, executive vice
president, product management for Virtus, said that the SGA New
Leaders Growth Fund is the fourth Virtus Fund managed by SGA,
joining the Virtus SGA Emerging Markets Growth Fund (I Shares:
VIEGX), Virtus SGA International Growth Fund (I Shares: STITX), and
the Virtus SGA Global Growth Fund (I Shares: SGAPX). SGA also
manages portfolios for retail separate account and institutional
clients. "We are pleased to expand the Virtus Funds offerings by
leveraging SGA's consistent investment philosophy, which is based
on fundamental research to identify 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
$19.8 billion in client assets under
management as of September 30, 2020,
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 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, 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 in foreign securities, especially
in emerging markets, subjects the fund to additional risks such as
increased volatility, currency fluctuations, less liquidity, and
political, regulatory, economic, and market risk. Geographic
Concentration: A fund that focuses its investments in a
particular geographic location will be sensitive to financial,
economic, political, and other events negatively affecting that
location. Market Volatility: Local, regional, or global
events such as war, acts of terrorism, the spread of infectious
illness or other public health issues, recessions, or other events
could have a significant impact on the portfolio and its
investments, including hampering the ability of the portfolio
manager(s) to invest the portfolio's assets as intended.
Prospectus: For additional information on risks, please see
the fund's prospectus.
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.