Huntington Asset Advisors is launching a second actively managed exchange-traded fund through its new ETF family, Huntington Strategy Shares.
The US Equity Rotation Strategy ETF is the second of two ETFs that Huntington Strategy Shares has launched.
Huntington EcoLogical Strategy ETF was launched on 20 June 2012.
The objective of the US Equity Rotation Strategy ETF is to seek capital appreciation in any given market environment. Under normal market conditions, the ETF invests in companies that are organised in the US and included in the S&P Composite 1500, which is comprised of large-, mid- and small-cap companies.
The ETF is actively managed and strives to meet its objective by rotating to the industry sectors or segments the adviser believes to offer the best potential for long-term capital appreciation based on changing market conditions.
“We have an established team of investment experts, who continually monitor the economy, in order to identify which sectors or segments are best positioned to do well in a given market cycle or economic environment,” says Randy Bateman (pictured), Huntington’s chief investment officer and president of the Huntington Asset Advisors. “As a result, Huntington’s US Equity Rotation Strategy has the flexibility to take advantage of what we believe are the best opportunities in the domestic market today.”
The ETF will be invested in all 10 industry sectors within the S&P Composite 1500: utilities, consumer staples, information technology, healthcare, financials, energy, consumer discretionary, materials, industrials, and telecommunication services.
The US Equity Rotation Strategy ETF is bought and sold like a stock. Shares may be purchased through a personal broker, online brokerage, or a financial adviser.
“When investors think of ETFs, they usually think of passive investments,” says Paul Koscik, US Equity Rotation Strategy ETF manager. “The US Equity Rotation Strategy represents a newer type of ETF, one that is designed to be more flexible than static and thereby able to take advantage of more investment opportunities.”
Koscik and Martina Cheung will be responsible for the day-to-day management of the US Equity Rotation Strategy ETF. Koscik joined Huntington in 1984 as a portfolio manager and has more than 25 years of investment experience. Cheung joined Huntington in 1995 as a security analyst and has more than 15 years of investment experience.