EAGL’s launch is made possible by the Goldman Sachs ETF Accelerator, a specialized service aiding institutional clients in establishing their ETFs.
Offering a range of services such as portfolio implementation and capital market solutions, this platform was revealed by Goldman Sachs in November 2022.
It targets the rising demand for actively managed ETFs among traditional asset managers, hedge funds, insurance companies, and pension funds.
Lisa Mantil, the global head of the Goldman Sachs ETF Accelerator, underscores its pivotal role in lowering startup expenses for new ETFs and its commitment to assisting numerous clients and funds.
Unlocking Opportunities: Investment Strategy and Market Trends
EAGL’s investment objective revolves around targeting high-quality, undervalued stocks, maintaining a focused portfolio comprising 20 to 35 carefully selected companies, with a substantial portion of its assets allocated to its top 10 holdings.
With an expense ratio of 80 basis points, the fund endeavors to identify value disparities while embracing a long-term investment approach, intending to retain positions for periods spanning three to ten years.
This strategy resonates with the overarching trend of actively managed ETFs attracting a significant share of inflows. In 2023, active strategies captured nearly 25% of the $423 billion inflow into US ETFs, with active ETFs representing 96% of the new launches in October.
