Natixis Vaughan Nelson Mid Cap ETF

VNMC

Market cap $4.31M

Last week saw issuers roll out a dozen new ETFs, including launches from AllianceBernstein, OneAscent and YieldMax. Among the other debuts were five new target-maturity bond funds as well as buffer strategies and a new angle on the Nasdaq-100.

BOSTON--(BUSINESS WIRE)--Natixis Investment Managers (Natixis IM) announced today that it will liquidate and close the Natixis Vaughan Nelson Mid Cap ETF (NYSE: VNMC). The decision was made by the Board of Trustees of the Natixis ETF Trust II on the recommendation of the Fund's adviser, Natixis Advisors, LLC. Proceeds of the liquidation are currently expected to be sent to shareholders of the Fund on or about July 30, 2024 (the liquidation date). Effective as of the close of business on July 25.

Investors have a lot on their plates right now. The Fed looks set to lock in a new paradigm in which the well-anticipated rate cuts become much less likely to arrive this year.

Mega-cap tech performance dominates headlines and markets this quarter. It makes it easy to overlook opportunities beyond the biggest names, but investors should ensure they aren't leaving out midcaps when constructing diversified equity portfolios.

Midcap stocks are sometimes ignored by investors prioritizing opportunities in large-cap and small-cap stocks. While large-cap companies tend to offer greater stability and balance sheet strength, they are often hindered by being slow-growing.

Natixis Investment Managers entered the ETF space nearly eight years ago. The firm currently has a lineup of five actively managed ETFs.