Summit Global Investments (SGI) is celebrating the SGI U.S. Large Cap Core ETF (SGLC) reaching $90 million in assets under management. To mark this milestone, SGI will ring the closing bell at the New York Stock Exchange today. SGLC is an actively managed, semi-transparent ETF that doesn't share daily trades and portfolio decisions, aiming to protect its strategy and shareholders.
The ETF seeks stocks with attractive qualitative and quantitative factors for long-term capital appreciation, guided by SGI's proprietary Managed Risk Approach™. This approach involves continuous review of idiosyncratic risks associated with each stock. Dave Harden, President and CEO of SGI, believes SGLC can provide market exposure with potential downside risk management when used as a core holding in an overall investment strategy.