NEW YORK, June 20, 2017 (GLOBE NEWSWIRE) — Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today announced the addition of Guggenheim Multi-Factor Large-Cap ETF (GMFL) to its line of innovative investment strategies.
Guggenheim Multi-Factor Large-Cap ETF seeks to track the performance of the Guggenheim Multi-Factor Large-Cap Index, designed to identify attractive companies with strong performance potential via a multi-factor approach. The index is comprised of a focused basket of approximately 50 stocks selected from the S&P 500® Index.
The underlying index security selection process employs a Multi-Factor Composite Score, which is a proprietary rules-based methodology that seeks to identify component securities with attractive exposures to fundamental (value, growth and quality) and non-fundamental (momentum, short interest, volatility and liquidity) factors.
The use of multiple diversifying factors seeks to provide more consistent performance as compared to individual factor strategies that inherently experience cycles of underperformance when a particular factor is out of favor. The index seeks to have a similar sector exposure as the S&P 500® Index. The index constituents are equally weighted and reconstituted quarterly.
“While many multi-factor strategies favor popular factors, like value, quality, or momentum, Guggenheim has advanced multi-factor investing by combining seven factors, both fundamental and non-fundamental, that seek to offer more stable performance across market cycles,” said William H. Belden, Managing Director and Head of ETF Business Development for Guggenheim Investments.
“Although performance in the market may be driven at times by narrow factors that work well in the short term, the strategy selects stocks based on multiple factors based on long-standing research that may provide more consistent and reliable performance,” Belden said.
For more information, please visit http://www.guggenheiminvestments.com.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with more than $217 billion1 in assets across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 275+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification and attractive long-term results.
1Guggenheim Investments total asset figure is as of 03.31.2017. The assets include $11.7bn of leverage for assets under management and $0.4bn for assets for which Guggenheim provides administrative services. Guggenheim Investments represents the following affiliated investment management businesses: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Real Estate, LLC, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.
Past performance is no guarantee of future results.
Read a fund’s prospectus and summary prospectus (if available) carefully before investing. It contains the fund’s investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at www.guggenheiminvestments.com or call 800.820.0888.
Guggenheim Multi-Factor Large-Cap ETF is subject to risks and may not be suitable for all investors. • The fund is subject to the risk that the value of the equity securities and equity-based derivatives, if any, in the fund’s portfolio will decline due to volatility in the equity market. Small-capitalization stocks may underperform other segments of the equity market or the equity market as a whole. • The fund seeks to track a quantitative strategy index, meaning that the fund invests in securities comprising an index created by a proprietary model. The success of the fund’s principal investment strategies depends on the effectiveness of the model in screening securities for inclusion in the Index. The factors used in the quantitative analysis and the weight placed on these factors may not be predictive of a security’s value. As a result, the fund may have a lower return than if the fund were managed using a fundamental investment strategy or an index based strategy that did not incorporate quantitative analysis. • The fund is not actively managed and the advisor does not take defensive positions in declining markets; therefore, the fund may be subject to greater losses in a declining market than an actively managed fund. • The fund is considered non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single issuer’s securities could cause greater fluctuations in the value of fund shares than would occur in a diversified fund.
CONTACT: Media Contact Ivy McLemore Guggenheim Partners 212.518.9859 Ivy.McLemore@GuggenheimPartners.com