CSMD Profile
The Congress SMID Growth ETF is an actively managed exchange-traded fund (ETF) designed to target growth opportunities within the small and mid-cap equity space. The fund aims to achieve its investment objective by allocating at least 80% of its net assets, including any borrowings for investment purposes, to equity securities of small-cap and mid-cap companies. This allocation is intended to capture the growth potential inherent in companies that fall within these market capitalizations.
Focused on U.S. equities, the fund primarily invests in publicly traded stocks of companies that Congress Asset Management Company, LLP identifies as having small to mid-size market capitalizations. The management team utilizes a comprehensive research process to select companies with strong growth prospects, emphasizing those with robust earnings potential and solid financial fundamentals. The funds investment strategy aims to leverage the growth potential of these smaller firms, which are often positioned to benefit from emerging trends and economic developments.
The ETFs actively managed approach allows for flexibility in responding to market dynamics and sector shifts. Congress Asset Management continuously evaluates market conditions, company performance, and economic indicators to make informed investment decisions. This dynamic strategy aims to optimize returns by investing in companies that exhibit significant growth potential and are well-positioned within their respective industries.
By focusing on small and mid-cap growth stocks, the Congress SMID Growth ETF offers investors exposure to a segment of the market that can provide substantial growth opportunities. The funds emphasis on active management and thorough research supports its objective of achieving superior returns through strategic investment in high-growth companies. This approach aims to deliver long-term capital appreciation while navigating the complexities of the small and mid-cap equity markets.
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