Victory Capital Introduces VictoryShares® Free Cash Flow ETF Further Expanding its ETF Offerings

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 a new rules-based exchange-traded fund (“ETF”), VictoryShares Free Cash Flow ETF (VFLO).\n\n\nVFLO seeks to provide investment results that track the performance of the Victory U.S. Large Cap Free Cash Flow Index (“the Index”), which invests in profitable U.S. large-cap companies with high free cash flow yields and favorable growth prospects. The Index screens an initial universe of companies for historical and projected free cash flows. It then goes a step further by eliminating companies with the worst growth characteristics to seek better outcomes in a variety of market environments.\n\n\n“With the launch of VFLO, we are evolving traditional value strategies by leveraging well-researched methodologies designed to provide investors with a compelling opportunity to capitalize on companies with attractive free cash flow yields without sacrificing growth potential,” said Mannik Dhillon, CFA, CAIA, President, VictoryShares and Solutions. “It is a testament to our commitment to developing innovative solutions designed to deliver improved investment outcomes for our clients and investors.”\n\n\nAbout Victory Capital\n\n\nVictory Capital is a diversified global asset management firm with $154.8 billion in assets under management as of May 31, 2023. It was ranked No. 55 on the Fortune 100 Fastest-Growing Companies list for 2022 and is one of only 24 companies to make the list for the second consecutive year. 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 12 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services.\n\n\nVictory Capital is headquart...

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