Macquarie Asset Management has launched the Macquarie Focused International Core ETF (EXUS), expanding its active exchange-traded fund (ETF) platform. Managed by the firm's Global Equity Team, EXUS aims to deliver consistent returns similar to those of Macquarie Asset Management’s International Core mutual fund.
The ETF seeks opportunities in international markets with a portfolio of 35-45 stocks that have underappreciated long-run earnings drivers. The strategy involves a style-agnostic approach, focusing on stock-specific risks while minimizing country and factor risks. "We look for singles and doubles over home runs, in an effort to deliver consistent returns," said Aditya Kapoor, Senior Portfolio Manager for Macquarie Asset Management’s Global Equity Team.
Anthony Caruso, Head of ETF Strategy at Macquarie Asset Management, expressed enthusiasm about offering investors access to their active international core equity strategy within an ETF format. He noted that EXUS expands their active equity-focused suite and leverages their research capabilities in a curated portfolio of high-conviction developed international and emerging market securities.
Investors are advised to consider the fund's investment objectives, risk factors, charges, and expenses before investing. This information is available in the fund's prospectus or summary prospectus.
In April 2025, it was announced that Nomura Holding America Inc. would acquire Macquarie Asset Management’s US and European public investments business. The transaction is subject to regulatory approvals and is expected to close by the end of 2025.
The Macquarie ETF Trust Funds are distributed by Foreside Financial Services, LLC. The ETFs are actively managed and do not replicate a specific index. They are bought and sold through an exchange at current market prices rather than net asset value (NAV).
Investing in ETFs involves risks including market risk, foreign and emerging markets risk, company size risk, liquidity risk, industry and sector risk, government and regulatory risk, geographic focus risk, limited number of securities risk, growth stock volatility, and nondiversified fund risks.
Macquarie Asset Management is part of Macquarie Group Limited and offers diverse capabilities across public and private markets. It provides investment advisory services through Delaware Management Company.
Macquarie Bank Limited does not guarantee or provide assurance for obligations from other entities within the group. Investors should consider all risks involved with financial products or instruments transactions.
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