Schroders has further expanded its active ETF range through the launch of the US Equity Active ETF.
The ETF aims to provide capital growth and income above the S&P 500 after fees over a three- to five-year period.
Lukas Kamblevicius, co-head of the Schroders quantitative equity products investment team, will run the fund. It will adopt Schroders’ US Core strategy, aiming to deliver consistent outperformance across a range of market environments with lower risk than the benchmark.
See also: Schroders enters European active ETF market
The ETF will list today (28 April) on the German and Italian stock exchanges and be available on the London Stock Exchange and the Swiss Exchange in the upcoming weeks.
This launch is part of Schroders’ efforts to expand its ETF franchise, which has recently passed $2.8bn in assets under management.
Tom Stephens, head of ETFs at Schroders, said: “The launch of the Schroder US Equity Active UCITS ETF broadens our core equity offering, combining our active management expertise with the flexibility, transparency and accessibility clients increasingly expect from ETFs.”
Schroders’ Kamblevicius added: “The US equity market presents a broad and dynamic opportunity set, where a systematic and disciplined investment approach can help identify consistent sources of return.”
See also: Schroders hit by £2.2bn net outflow as Nuveen takeover rumbles on
