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News  ›  Benzinga

TimesSquare Brings 'Growth With A Conscience' To Mid-Caps With New Active ETF

Benzinga Logo Benzinga By Chandrima Sanyal
TimesSquare Brings 'Growth With A Conscience' To Mid-Caps With New Active ETF

TimesSquare Capital Management and Tidal Financial Group launched the TimesSquare Quality Mid Cap Growth ETF (TSCM) on Tuesday. The actively managed ETF uses a bottom-up, research-intensive approach to select 30-40 mid-cap growth stocks based on strong management, competitive advantages, consistent performance, and attractive valuations. The launch reflects growing investor interest in active equity ETFs as alternatives to passive indexes.

Insights
ALBpA   neutral

Despite challenging EV market conditions, the company is proactively managing costs, selling non-core assets, and maintaining cash generation potential


TSCM   neutral

New product launch with positive strategic positioning, but actual performance and investor adoption remain uncertain. The article notes the success of the strategy will be 'a discussion for another time,' indicating unproven track record as an ETF.