Strategy Overview
Objective
The Congress Large Cap Growth ETF (the “Large Cap Fund” or “Fund”) seeks long-term capital growth.
Investment Strategy
The Fund invests in companies that we believe are experiencing or will experience earnings growth. We employ a “bottom-up” approach to research and stock selection, emphasizing a company’s fundamentals and prospects instead of timing significant economic or market cycles. Our growth-style approach focuses on companies with established profitability, a history of earnings growth, positive free cash flow, and prudent use of debt and leverage.
Investment Strategy
Growth
- Positive revenue and earnings growth
- Strong competitive position in stable, expanding industry
Profitability
- Positive earnings
- Free cash flow positive
- Established profit margins
Franchise
- Management focused on core business and aligned with stakeholders’ interests
- Prudent use of debt and leverage
Valuation
- Evaluate relative to history, peers, and economic conditions
Investment Policy Committee
Matt Lagan, CFA
Portfolio Manager | Committee Chair
Dan Lagan, CFA
Portfolio Manager | Committee Co-Chair
Martine Elie, CFA
Portfolio Manager
John O’Reilly, CFA
Portfolio Manager
Nancy Huynh
Portfolio Manager
Emma Szkutak
Research Analyst
Fund Facts
| Inception Date | 8/21/2023 |
| Primary Exchange | NYSE |
| CUSIP | 74316P637 |
| Ticker | CAML |
| Expense Ratio | 0.65% |
| Benchmark | Russell 1000 Growth© |
| 30-Day Median Bid/Ask Spread | |
| Fund Assets as of TBD | TBD |
Portfolio
As of
Top 10 Holdings
| HOLDING | WEIGHT% |
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Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Historical NAV Change
Data as of:
Premium/Discount
Data as of:
| NAV | Closing Price | Premium/Discount |
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Historical Premium/Discount
Data as of:
Contact Us
Before investing, carefully consider the Congress Asset ETFs investment objectives, risks, charges and expenses. This and other specific information about Congress Asset Management is contained in the prospectus and a summary prospectus, which may be obtained by clicking here. Read the prospectus carefully before you invest.
Principal Risks of Investing in the Large Cap Fund
Investing involves risk. Loss of principal is possible. The Fund may invest in foreign securities which will involve political, economic and currency risks, differences in accounting methods, and greater volatility. The Fund’s investment in Growth stocks may lose value or fall out of favor with investors. Growth stocks may be more sensitive to changes in current or expected earnings than the prices of other stocks.
Russell 1000 Growth Index© measures the performance of the large-cap growth segment of the U.S. equity universe; includes companies with higher price-to-book ratios and higher forecasted growth values.
Free Cash Flow is a measure of financial performance calculated as operating cash flow minus capital expenditures; represents the cash that a company is able to generate after laying out the money required to maintain or expand its asset base.
Congress Asset ETFs are bought and sold through exchange trading at market price, not Net Asset Value (NAV), and are not individually redeemed from the fund. Shares maytrade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
Congress Asset ETFs (the “Funds”) are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940 and are distributed by Quasar Distributors, LLC, member FINRA.