Victory Capital Expands VictoryShares® Offerings with Two New Active ETFs

About this update from Victory Capital Holdings, Inc. Class A Common Stock

[{"type":"text","content":" SAN ANTONIO--(BUSINESS WIRE)--\nVictory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today announced that its wholly owned investment adviser, Victory Capital Management Inc., has launched two new active exchange-traded funds (ETFs), VictoryShares WestEnd Global Equity ETF (GLOW) and VictoryShares WestEnd Economic Cycle Bond ETF (BMDL).\n\n\nBoth funds will employ the active, macroeconomically driven investment approach that WestEnd Advisors, LLC (“WestEnd”), a Victory Capital Investment Franchise, has used to manage portfolios for more than two decades. BMDL will layer in Victory Income Investors’ active credit selection expertise for bottom-up security selection.\n\n\nThe addition of GLOW and BMDL increases the VictoryShares ETF product offering to 27 and highlights Victory Capital’s commitment to developing innovative new products designed to serve as portfolio solutions for financial advisors and end investors alike. The Company’s ETF platform has grown to approximately $8 billion in AUM as of May 31, 2024, and features a diverse suite of strategies, including active equity and fixed income and systematic/rules-based ETFs.\n\n\n“We have listened to our clients’ needs for more vehicle options from skilled managers and are thrilled to add these two active ETFs to our VictoryShares lineup,” said Mannik Dhillon, CFA, CAIA, President, Investment Franchises & Solutions. “GLOW provides investors access to WestEnd’s existing Global Equity SMA/UMA Strategy in an ETF wrapper, furthering our commitment to deliver financial advisors more ways to access WestEnd’s proven investment capabilities. BMDL delivers the investment expertise of two Victory Capital Investment Franchises through a single ETF and expands our Company’s already established presence in the active fixed income ETF space.”\n\n\nAbout Victory Capital\n\n\nVictory Capital is a diversified global asset management firm with total client assets of $173.4 billion as of May 31, 2024. The Company employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.\n\n\nVictory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 11 autonomous Investment Franch...

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