CresAlta launches two active ETFs on NYSE Arca

CresAlta Investment Management launched two actively managed exchange-traded funds on NYSE Arca, marking the debut of the new affiliate of AMG National Trust.

The CresAlta Global Dividend ETF (NYSE Arca: CVGD) and CresAlta Small and Mid-Cap ETF (NYSE Arca: CVSM) bring investment strategies developed over two decades within AMG National Trust's investment division to the ETF market.

CVGD focuses on global equity investments in dividend-paying stocks for long-term capital appreciation and income generation. The fund typically holds 35-50 positions, with approximately 35-40% concentrated in its top 10 positions. The strategy uses proprietary business cycle analysis to inform dynamic rotation across dividend categories.

CVSM targets small and mid-cap companies trading at attractive valuations with improving fundamentals. The value-oriented strategy typically holds 40-60 positions, with roughly 30% concentrated in its top 10 holdings.

Both ETFs will use Section 351 in-kind conversion strategies to transfer equities into the funds and expect to receive material assets through tax-deferred in-kind contributions at launch, according to a company statement.

"These strategies were built to help investors diversify portfolios and pursue long-term wealth-creation through disciplined active management," said Joshua Stevens, Chief Investment Officer of CresAlta Investment Management.

CresAlta currently offers six separately managed account strategies spanning global equities, small and mid-cap equities, blue-chip value, sustainable investing, all-capitalization strategies, and natural resources. The company plans to expand its ETF lineup with additional strategies.

Earl Wright, Chairman and CEO of AMG National Trust's holding company, said the launch represents the next chapter in the bank's investment management history. AMG National Trust wholly owns CresAlta.

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