Rockefeller Asset Management Expands Active ETF Lineup with Small-Mid Cap ETF, RSMC

Barchart · 10/15 07:14

Rockefeller Asset Management (Rockefeller), the asset management arm of Rockefeller Capital Management, today announced the launch of the actively managed Rockefeller Small-Mid Cap Exchange Traded Fund (ETF), RSMC. This marks the firm’s fourth actively managed ETF launched this year, following the firm’s expansion into opportunistic municipals with three high-yield municipal bond ETFs in August.

RSMC is Rockefeller’s first actively managed SMID Cap ETF and, at the time of launch, is among the largest actively managed SMID cap ETFs with approximately $740 million in assets. The strategy seeks to invest primarily in US small and mid-cap companies with durable business models and enduring growth, with the goal of delivering attractive risk-adjusted returns.

The fund is managed by veteran portfolio managers Jason Kotik, Managing Director and Portfolio Manager, and Tim Skiendzielewski, Senior Vice President and Portfolio Manager. Kotik and Skiendzielewski bring more than 40 years of combined experience in small cap investing and, prior to joining Rockefeller, worked together for more than a decade managing several US small cap strategies at abrdn.

“Building on Rockefeller Asset Management’s over 30-year history managing small cap strategies, we are excited to launch RSMC and expand our suite of actively managed ETF solutions,” said Casey Clark, President and Chief Investment Officer of Rockefeller Asset Management. “This new offering provides investors access to our distinct quality-based approach to SMID cap investing, seeking to capitalize on opportunities in this segment of the market.”

“We believe key cyclical and secular drivers, including deglobalization, an inflation backdrop that favors returns for smaller companies, and a Fed rate cutting cycle, may support small and mid-cap fundamentals for the next several years and the current environment may represent a significant opportunity for investors seeking uncorrelated alpha,” Kotik added.

For more information and to learn more about Rockefeller’s actively managed ETFs, visit rockefelleretfs.com.

About Rockefeller Asset Management

Rockefeller Asset Management serves institutions, financial professionals, and other institutionally minded investors through equity, fixed income, and alternative solutions that seek outperformance driven by a disciplined investment process. Rockefeller Asset Management is committed to continually building partnerships and expanding its platform that seeks to put clients and their performance first. As of September 30, 2024, the division had $16.3 billion of assets under supervision.

Disclosures

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (888) 123-4589 or visit our website at www.rockefelleretfs.com. Read the prospectus or summary prospectus carefully before investing.

Investing involves risk. Principal loss is possible.

Investing involves risk, including risk of loss. Past performance is no guarantee of future results. The asset classes discussed have varying degrees of risk. Some of the risks involved with equities include the possibility that the value of the stocks may fluctuate in response to events specific to the companies or markets, as well as economic, political or social events in the U.S. or abroad. Investments in foreign securities are subject to foreign currency risk and the possibility of substantial volatility due to adverse political, economic or other developments. These risks are magnified for investments made in emerging markets.

Market Capitalization Risk.

Mid-Capitalization Investing. The securities of mid-capitalization companies may be more vulnerable to adverse issuer, market, political, or economic developments than securities of large-capitalization companies. The securities of mid-capitalization companies generally trade in lower volumes and are subject to greater and more unpredictable price changes than large capitalization stocks or the stock market as a whole. Some medium capitalization companies have limited product lines, markets, financial resources, and management personnel and tend to concentrate on fewer geographical markets relative to large-capitalization companies.

Small-Capitalization Investing. The securities of small-capitalization companies may be more vulnerable to adverse issuer, market, political, or economic developments than securities of large- or mid-capitalization companies. The securities of small capitalization companies generally trade in lower volumes and are subject to greater and more unpredictable price changes than large- or mid-capitalization stocks or the stock market as a whole. There is typically less publicly available information concerning smaller-capitalization companies than for larger, more established companies.

New Fund Risk. The Fund is a recently organized management investment company with limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decisions.

This information was prepared by Rockefeller Asset Management, a division of Rockefeller & Co. LLC, which is wholly owned by Rockefeller Capital Management, solely for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy interests in any Rockefeller Capital Management investment vehicle, product or service. This information may not be copied, reproduced or distributed without Rockefeller’s prior written consent and is not valid without a consultation with a representative of Rockefeller.

Rockefeller Capital Management is the marketing name for Rockefeller Capital Management L.P. and its affiliates. Investment advisory, asset management and fiduciary activities are performed by the following affiliates of Rockefeller Capital Management: Rockefeller & Co. LLC, Rockefeller Trust Company, N.A. and The Rockefeller Trust Company (Delaware), as the case may be. Rockefeller Asset Management is a division of Rockefeller & Co. LLC.

Distributed by Foreside Fund Services, LLC.

1. Alpha: A measure of the active return on an investment, the performance of that investment compared with a suitable market index.

2. Assets Under Supervision (AUS) as of September 30, 2024. AUS is inclusive of firm assets under management of $15.9 billion and firm assets under advisement of $0.4 billion.