Argent Capital Management, LLC Launches New Actively Managed Mid Cap ETF
17 August 2022 - 11:45PM
Argent Capital Management is pleased to announce the launch of the
Argent Mid Cap ETF, a transparent, actively managed ETF. The ETF
will begin trading on the Nasdaq today under the ticker symbol
AMID.
The Argent Mid Cap ETF seeks long-term capital
appreciation for its investors by using a blend of quantitative and
fundamental research to identify good businesses undergoing
internal or external positive change. This is the same investment
strategy and philosophy as the company’s mid-cap strategy, started
more than eight years ago. The strategy uses Argent’s proprietary
quantitative tool, The Argent Alpha Model, to develop a
concentrated and selective portfolio of 35-50 mid-cap stocks which
exhibits high active share and low turnover.
“Mid-cap stocks have historically provided more
growth potential than large-cap stocks,” said Steve Finerty,
Chairman of Argent Capital, “with more price stability than
small-cap stocks.” The Argent Mid Cap ETF will be managed by
Portfolio Manager Kirk McDonald, CFA. Kirk developed and began
investing in the Mid Cap strategy in March of 2014. “Our
disciplined investment process focuses on owning the right
businesses with a seasoned management team, strong balance sheet,
above average cash flow, access to capital, and a long runway for
growth,” said Mr. McDonald. "We buy them when we believe they are
exhibiting positive change such as new management teams, new
products, or a change in industry cycle.”
“We view the firms we invest in as our partners –
they are businesses to us, not simply stocks, and our goal is to
own them forever,” said Mr. McDonald. “We strive to stay ahead of
the curve, serving the demands of the market and our current
clients,” said Mr. Finerty. “Many of our clients are Registered
Investment Advisors who prefer the ability to offer their investors
the tax efficiency and convenience of ETFs.”
ETFs have become the investment vehicle choice of
many. “Each day more people are selecting ETFs as the building
blocks for their portfolios,” said Mr. Finerty. “Argent is excited
to provide a mid-cap ETF solution to meet the needs of our
institutional and financial advisor clients.”
For more information on the Argent Mid Cap ETF or
to obtain a summary prospectus, visit argentetfs.com or call
215.882.9938.
AMID | Nasdaq Listed
About Argent Capital Management,
LLC.
Argent Capital Management, LLC, founded in 1998 is
a 100% employee-owned boutique, long-only investment management
firm with $3.2 billion in assets as of 3/31/22. Argent offers
domestic Large Cap Growth, Dividend Select, Mid Cap Equity, Small
Cap and SMID Cap portfolio management services to clients including
endowments, foundations, corporate and public pension plans,
Taft-Hartley plans, and high net worth individuals.
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.argentetfs.com.
Read the prospectus or summary prospectus carefully before
investing.
Investments involve risk. Principal loss
is possible.
The Fund is actively-managed and is subject to the
risk that the strategy may not produce the intended results. The
Fund is new and has a limited operating history to evaluate.
Investing in securities of medium-capitalization
companies involves greater risk than customarily is associated with
investing in larger, more established companies. These companies’
securities may be more volatile and less liquid than those of more
established companies. The Fund relies on quantitative models,
techniques and risk analyses employed by the Sub-Adviser for
security selection.
Data for some companies may be less available than
for companies in other markets. Investments utilizing quantitative
methods may perform differently than the market as a result of the
characteristics and data used. Data for some companies may be less
available and/or less current than data for companies in other
markets. Periodic reallocation could cause the Fund’s market
exposure to be affected by significant market movement or lag
market direction after a reconstitution.
Quantitative models may performance differently
than the market as a whole and if incorrect could have an adverse
effect on the fund’s value. Depending on the assessment of data and
current market conditions the fund may engage in both growth style
investing which may make it particularly sensitive to market
conditions and greater price fluctuations and value style investing
which involves the risk that an investment made in undervalued
securities may not appreciate in value as anticipated or remain
undervalued for long periods of time.
Cash flow is a snapshot of the amount of cash a
business receives and pays. Cash flow analysis is a method used to
know where cash is coming from and going to in the
business.
The Fund is distributed by Quasar Distributors,
LLC.
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