Strategas Asset Management made waves by debuting an actively managed momentum-focused ETF, the Strategas Macro Momentum ETF (NYSE Arca: SAMM). This strategic move, unveiled on Thursday, aims to capitalize on equity and market momentum trends. Boasting an expense ratio of 0.66%, SAMM is set to carve its path in the financial landscape.
Chairman and CIO of Strategas Asset Management, Jason DeSena Trennert, described SAMM as a unique offering engineered to distill the intricate web of factors shaping the global economy into an actionable investment strategy.
Addressing the void for advisors and investors seeking to harness tactical rotation and harness macro and market momentum, Trennert emphasized SAMM’s role in seizing opportunities wherever they arise.
An Innovative Tactical Momentum Strategy
Strategas characterizes SAMM as the most agile ETF in its arsenal. Possessing broad flexibility to delve into various equity types and instruments, SAMM’s management team employs diverse criteria in spotting securities that embody momentum. Leveraging macro, technical, and behavioral indicators, the fund managers curate a portfolio of 20-50 securities with precision and foresight.
A documented fact sheet underscores SAMM’s inclination to invest in momentum-driven equities during risk-on phases. This strategy could lead to significant sector concentrations. When the market mood turns cautious, SAMM has the ability to pivot its holdings towards a more defensive stance, possibly including investments in Treasuries, cash, or gold-related assets.
In the words of SAMM’s lead portfolio manager, Chris Verrone, the ETF is finely tuned to the prevailing market climate, differentiating itself from its counterparts. Verrone stressed the strategy’s focus on identifying and leveraging the market’s momentum pulse wherever it beats.
Established as the issuer’s third ETF, Strategas boasts $104 million in assets under management. Notably, its flagship fund, the $67 million Strategas Macro Thematic Opportunities ETF (SAMT), has also garnered investor attention.
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