Megaphone icon ETF Database is now VettaFi. Read More >
ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • Entrepreneur ETF
    • Equity ETF
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Future ETFs
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Modern Alpha
    • Multi-Asset
    • Multi-Factor
    • Portfolio Strategies
    • Retirement Income
    • Smart Beta
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Videos & Podcasts
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. 6 Meridian Launches New Growth Strategy Fund, SXQG
News
Share

6 Meridian Launches New Growth Strategy Fund, SXQG

Aaron NeuwirthMay 11, 2021
2021-05-11

On Tuesday, 6 Meridian, a registered investment advisor, announced the expansion of their product lineup with the launch of its newest equity ETF, the 6 Meridian Quality Growth ETF (SXQG), an actively managed strategy that helps investors capture exposure to companies exhibiting strong growth characteristics.

SXQG takes a carefully screened, quant-driven approach, resulting in a portfolio of the top 100 names that have demonstrated high quality and growth relative to their peers, offering a unique twist on growth beyond a portfolio of mostly tech names.

This launch comes on the anniversary of the firm’s entrance to the ETF market last year, when the firm launched four active ETFs that the company had originally offered as separately managed accounts (SMAs). SXQG is the first strategy from 6 Meridian that has gone straight to an ETF structure from its creation due to the ETF structure’s inherent tax advantages.

“It’s been an incredible year for growth names, but not all growth is created equal, and not all growth provides the quality investors deserve over the long term,” said Andrew Mies, CIO of 6 Meridian. “We believe the screening of companies through various metrics like high profitability, low leverage, and low liquidity is essential for identifying the opportunities for capital appreciation. We’re thrilled to be launching SXQG, which takes a carefully screened, quant-driven approach, resulting in a portfolio of the top 100 names have demonstrated high quality and growth relative to their peers.”

As noted, SXQG’s portfolio is constructed using a quantitatively driven methodology designed to emphasize high quality securities. The selection process begins with companies in the broad U.S. equity market. From this initial universe, micro cap companies (i.e., companies with a market capitalization of less than $500 million) are excluded.

Quality is defined as high and improving profitability, low leverage and low default probability, and low net equity and debt issuance relative to dividends and net buybacks. Securities are first ranked on a composite of several quality-focused variables intended to measure profitability, growth, and ability to service financing obligations. The fund rebalances twice a year.

“We’ve designed our product lineup with our clients in mind, as we aim to provide them and the market thoughtful, disciplined strategies that fit their investing goals,” added Mies. “We’re excited to be launching SXQG on the anniversary of our first ETF suite launch in 2020, showing our continued dedication to providing our approach in cost and tax-efficient solutions via the ETF wrapper.”

For more information, visit 6meridianfunds.com.

This article originally appeared on ETFTrends.com.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

Jul 06

Get Commercial Real Estate Exposure Minus the Headaches

Jul 05

A Guide to Global Carbon Markets for July

Jul 05

Dollar ETFs Sail Higher As Euro Stumbles to 20-Year Low

Jul 05

Ignore the Naysayers, Emerging Markets Are in Strong Financial Shape

Jul 05

Day Hagan & Ned Davis Launch International ETF

Jul 05

Target Returns in a Bear Market With This ETF

Jul 05

What You Need to Know About Tax Advantages in MLP

Jul 05

ARKF Leads In Inflows Across ARK ETFs In June

Jul 05

The Top 4 WisdomTree ETFs by Flows In June

Jul 05

These Were ALPS’ 3 Most Popular ETFs in June

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

MOO

VanEck Agribusiness ETF

VYM

Vanguard High Dividend Yield...

SCHD

Schwab US Dividend Equity ETF...

JEPI

JPMorgan Equity Premium...

VNQ

Vanguard Real Estate ETF

XLE

Energy Select Sector SPDR...

SOXX

iShares Semiconductor ETF


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
  • Mission Statement
  • Press
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © ETF Flows LLC
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X