The exchange-traded fund (ETF) invests primarily in large-cap US stocks and employs a systematic options overlay alongside the firm's proprietary market trend model.
Georgia-based Howard Capital Management (HCM) has listed the HCM Hedged Equity ETF, an actively managed fund, on NYSE Arca (HAWG). The ETF invests at least 80% of its net assets in large-cap equities The SEC-registered investment advisory firm said the fund seeks long-term capital appreciation while aiming to manage downside risk across different market conditions. HCM said the ETF combines broad large-cap equity exposure, a systematic options-based hedging strategy and the firm's pro