Virtus launches new actively managed growth ETF

Virtus Investment Partners, Inc. (NYSE: VRTS) launched the Virtus Silvant Growth Opportunities ETF (NYSE Arca: VGRO), managed by Silvant Capital Management. The fund represents the 26th ETF offering from the company's multi-manager platform, Virtus ETF Solutions.

The new fund employs bottom-up fundamental research to identify companies with growth potential across various market conditions. Silvant's investment approach focuses on building portfolios of secular and cyclical growth stocks without requiring specific style or factor biases to outperform.

"We believe growth is a condition, not a category, and that any company, regardless of the sector, may present conditions for growth at some point in its lifecycle," said Michael Sansoterra, chief investment officer of Silvant.

The ETF is structured as a non-diversified fund, meaning it may invest more heavily in fewer securities compared to diversified portfolios. According to the press release, this concentration may increase susceptibility to factors affecting individual holdings.

William J. Smalley, executive managing director of Virtus ETF Solutions, stated the launch reflects the company's commitment to delivering ETF products across asset classes with potential to improve investor outcomes relative to passive strategies.

Virtus Investment Partners operates as a multi-boutique asset manager offering investment products through various affiliated managers, each maintaining distinct investment styles and autonomous processes. The company's ETF Solutions platform provides both actively managed and index-based investment capabilities across multiple asset classes.

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