Bringing you live news and features since 2006 

Five fingers

CLS expands distribution of five new Core Plus ETF models


Five new Core Plus ETF models from CLS Investments, a third party money manager and manager of ETFs within individual investor portfolios, are no available on the FTJ FundChoice (FTJFC) platform. 

All five of the ETF models will be managed according to CLS's proprietary Risk Budgeting Methodology. 

"We believe that risk budgeting is the key to successful investment outcomes for clients," says Rusty Vanneman, Chief Investment Officer at CLS. "We are happy to partner with FTJ FundChoice to expand the reach of our risk budgeted strategies even further."

Much like a scale keeps weight balanced, CLS's Risk Budgeting Methodology helps to ensure that the amount of risk in the portfolio stays consistent with the level initially established for it, even as conditions within the investment environment change. When markets change, moves are made within the portfolio in an attempt to take advantage of asset classes that are relatively attractive. If a move makes the portfolio too aggressive or too conservative, a reciprocal adjustment is made to keep the portfolio within its specified risk budget range.

CLS's risk budgeted Core Plus ETF models each typically invest in 8 to 20 ETFs that have larger positions in core asset class ETFs and some smaller satellite positions in ETFs focused on specific sectors, countries, and alternative assets. CLS's portfolios have been composed of ETFs since 2001, when there were 119 ETFs on the market — today, there are more than 1,600. CLS believes that there is an irreversible trend toward ETF investing, reflecting an evolution for the better in the money management industry. The expanding universe of products means investors in ETFs need experienced managers more than ever. 

"Investors have realised the advantages of ETFs over traditional mutual funds: liquidity, transparency, reliable returns, tax efficiency and lower cost," says Todd Clarke, CEO of CLS. "ETFs lend themselves well to portfolio construction and asset allocation. They offer advisors the ability to be nimble and to easily understand the market and asset exposures being taken, in real time."

"We are excited to feature CLS on our platform as a third-party money manager in our ETF Strategist Program," says Dean Cook, President of FTJ FundChoice. "CLS is well equipped to provide us a series of model portfolios that focus on our client's distribution needs."

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by