Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A $100B-AUM AM Adds a Quality Growth Duo Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, February 2, 2024

A $100B-AUM AM Adds a Quality Growth Duo

Reported by Neil Anderson, Managing Editor

The team at a $100-billion-AUM (as of yesterday), publicly traded asset manager is rolling out a pair of passively managed funds that focus on quality growth stocks.

Jonathan Laurence "Jono" Steinberg
WisdomTree Investments, Inc.
CEO
Last week, Jeremy Schwartz, global chief investment officer of WisdomTree, Inc. [profile], unveiled the launch of the WisdomTree U.S. MidCap Quality Growth Fund (QMID on the Nasdaq) and the WisdomTree U.S. SmallCap Quality Growth Fund (QSML). Both new ETFs are series of WisdomTree Trust.

QSML and QMID's inception date was January 25. Both new funds come with an expense ratio of 38 basis points.

WisdomTree serves as index provider to QMID and QSML, WisdomTree Asset Management serves as investment advisor, and Mellon Investments Corporation serves as subadvisor. The two ETFs are powered by Mellon's equity strategies portfolio management team. QSML is designed to track the WisdomTree U.S. SmallCap Quality Growth Index, while QMID is designed to track the WisdomTree U.S. MidCap Quality Growth Index.

QMID and QSML's PM team includes: David France, vice president, senior portfolio manager, and team manager at Mellon; Todd Frysinger, VP, senior PM, and team manager; Vlasta Sheremeta, VP, senior PM, and team manager; Michael Stoll, VP, senior PM, team manager; and Marlene Walker-Smith, director and head of equity index portfolio management.

Schwartz puts the launch of QSML and QMID in the context of "the recent divergent and rather large spreadsd between major growth indexes."

"Having the right index screens and rebalancing process are critical for performance," Schwartz states. "By employing a process that focuses on large-, mid-, and small-cap stocks scoring highly on a combined feaeture set of robust quality (profitability ratios) and strong earnings and sales growth, we believe QMID and QSML are not just sound long-term factor strategies but a great combination for today's macro landscape."

QSML and QMID's other serivce providers include: Ernst & Young LLP as independent accounting firm; ACA's Foreside Fund Services, LLC as distributor; Morgan, Lewis & Bockius LLP as counsel; and State Streeet Bank and Trust Company as administrator, custodian, dividend disbursing agent, securities lending agent, and transfer agent. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. 2024 Closed-End Fund Conference, November 12
  2. MFDF webinar - ETF Share Class, November 12
  3. MMI webinar - Investment Advisory Pulse Survey Results: 'Great Expectations', November 12
  4. WE Phoenix - Mentorship Program Launch, November 12
  5. WE SoCal - Peace of Mind and Portfolio In 2025, November 12
  6. MMI webinar - The Past, Present, and Future of Alternative Investments in the Wealth Management Industry, November 13
  7. MFDF Director Discussion Series - Open Forum (Los Angeles), November 13
  8. MFDF Director Discussion Series - Open Forum (San Francisco), November 14
  9. WE Philadelphia panel discussion - ETF multi-share class, November 14
  10. Expect Miracles In Boston 2024, November 14
  11. WE Denver - wine tasting and networking, November 14
  12. IDC webinar - 2024 Post-Election Insights: Implications for Fund Boards and the Asset Management Industry, November 14
  13. 31st Annual Baron Investment Conference, November 15
  14. MFDF webinar - AI and Fund Compliance, November 18
  15. MFDF webinar - The Power of Custom In-Kind Baskets, November 19
  16. Schwab Impact 2024, Nov 19-21
  17. MFDF webinar - Mutual Fund CCO Compensation: the MPI Annual Survey Update, November 21
  18. IDC Foundations for Fund Directors, Dec 4-5
  19. MFDF webinar - BDC Board Service 101, December 10
  20. MFDF webinar - ETF Product Trends: Board Implications, December 11
  21. MFDF webinar - Visually Mapping Board Composition: Skills Matrices in Fund Board Rooms, December 18
  22. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  23. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025
  24. The 36th Sub-Advised Funds Forum, April 29 - 30, 2025




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use