On Wednesday, Amplify ETFs launched the Amplify Small-Mid Cap Equity ETF, now trading on the NYSE Arca.
SMAP is an actively managed fund with a net expense ratio of 0.60%. The fund’s goal is to provide capital appreciation through a portfolio of small- and midcap equities. SMAP’s portfolio is managed by Curi RMB Capital.
“SMAP offers investors a compelling opportunity to capitalize on the growth potential of professionally selected small and midcap companies in a rate-cutting environment,” noted Amplify ETFs CEO Christian Magoon. “The Curi RMB Capital team prides itself on a rigorous selection process in search of high-quality small- and midcap companies. SMAP is a natural complement to our growing suite of ETFs that meet the diverse needs of today’s investors.”
Maximizing Return
To choose assets to include in SMAP’s portfolio, Curi RMB Capital applies a proprietary screening framework. This framework seeks to maximize return by finding SMIDcap companies trading at attractive discounts. By doing so, the fund’s portfolio aims to offer both sector and corporate life cycle diversification.
A wide variety of factors remain in consideration within the Curi RMB framework. These factors include cash flow, capital investments, sales momentum, and credit, among others.
In the current rate-cutting environment, investors can see long-term returns from small- and midcap equities. SMAP’s active management can further the strategy by adaptively tilting its investments to match the current economic movement.
“Advisors are increasingly embracing actively managed equity ETFs in 2024,” added Todd Rosenbluth, head of research at VettaFi. “It’s great to see Amplify expand its lineup to support the investment community.”
Amplify ETFs has more than enough proven experience in piloting a variety of ETF investment strategies. One of the largest funds, the Amplify Cybersecurity ETF (HACK ), has over $1.8 billion in assets under management.
For more information, please visit VettaFi.com | ETF Trends.
