Eagle Capital Management launches $1.8bn actively managed ETF, EAGL, in the $9 trillion ETF industry.
Eagle Capital Management has entered the $9 trillion ETF industry with its inaugural fund, the Eagle Capital Select Equity ETF (EAGL), starting with $1.8 billion in assets. Driven by client demand, the actively managed ETF focuses on undervalued high-quality stocks for long-term investment. The ETF's portfolio holds between 20-35 names, charges 80 basis points, and has a net expense ratio of 0.80%.
March 25, 2024
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