Crossmark Launches Value-Based ETFs

Crossmark Global Investments, a faith-based investment management firm offering values-based strategies, has launched two actively managed exchanged-traded funds (ETFs): Crossmark Large Cap Growth ETF and Crossmark Large Cap Value ETF.

These products mark the firm’s debut in the ETF space, driven by investor demand for actively managed funds with Crossmark’s values-based screening process. They will be managed by Bob Doll, CFA, portfolio manager, CIO, and CEO of Crossmark, and co-managed by Ryan Caylor, CFA, portfolio manager and Crossmark’s head of Research.

The funds will mimic the investment strategies of the firm’s separately managed accounts managed by the team, and portfolio managers will work to identify high-conviction securities through a combination of fundamental and quantitative factors, values-based criteria, prudent portfolio constraints, and risk management tools, with the goal to seek long-term capital appreciation.

Crossmark Large Cap Growth ETF seeks to outperform the Russell 1000 Growth Index through investments in the large cap growth segment of the U.S. equity universe, and Crossmark Large Cap Value ETF aims to outperform its benchmark, the Russell 1000 Value Index.

“We have always strongly believed that investors do not need to compromise on personal values in order to invest in outperforming strategies,” said Doll. “Not only does our screening process exclude companies that have negative business practices or corporate governance concerns, but we also have the ability to actively include companies that work to reduce risk and build long-term resilience through responsible business practices.”

“Moving into the ETF space was a natural next step in our firm’s progression,” said Heather Lindsey, head of Distribution at Crossmark. “These ETFs offer investors an accessible tool for actively managed investment solutions while satisfying demand for values-based investment options.”