Cohen & Steers Unveils New Active ETFs to Enhance Investment Strategies
Cohen & Steers Unveils New Active ETFs
Cohen & Steers, Inc., a prominent name in global investment management, has recently announced the launch of three innovative active Exchange Traded Funds (ETFs) on the NYSE Arca. This strategic move is set to offer advisors and investors enhanced access to the company’s flagship investment strategies through the active ETF format, a rapidly growing segment in the investment landscape.
The newly released ETFs focus on maximizing total return, presenting tax-efficient income opportunities, and providing portfolio diversification across various asset classes. The three ETFs introduced by Cohen & Steers include:
1. Cohen & Steers Real Estate Active ETF (NYSE Arca CSRE)
This ETF aims to generate total returns while diversifying portfolios by investing in a comprehensive range of listed real estate securities. The strategy encompasses a blend of the firm's most robust investment ideas in US Real Estate Investment Trusts (REITs), with a selective approach towards international real estate and related securities. The CSRE is under the management of an experienced team, including Jason Yablon (Head of Listed Real Estate) and Portfolio Managers Mathew Kirschner and Ji Zhang.
2. Cohen & Steers Preferred and Income Opportunities Active ETF (NYSE Arca CSPF)
Focusing on high-quality, tax-efficient income and portfolio diversification, this ETF primarily invests in the preferred securities market, especially targeting investment-grade institutional preferreds. The management team for CSPF includes Elaine Zaharis-Nikas (Head of Fixed Income and Preferred Securities) and Portfolio Managers Jerry Dorost and Robert Kastoff, recognized for their expertise in fixed income investments.
3. Cohen & Steers Natural Resources Active ETF (NYSE Arca CSNR)
Designed to provide total return and safeguard against inflation during times of resource scarcity, this ETF invests in companies engaged in the production, extraction, and processing of natural resources—spanning energy, agriculture, and metals. CSNR is overseen by Tyler Rosenlicht, who heads the Natural Resource Equities sector.
As a trailblazer in the realm of actively managed REITs and preferred securities mutual funds, Cohen & Steers is capitalizing on its extensive expertise in listed real assets and alternative income, as the demand for active ETFs continues to surge. The launch of CSRE, CSPF, and CSNR signifies the firm's unwavering commitment to empowering advisors in constructing better portfolios, leveraging actively managed allocations across real estate, preferred securities, and natural resource equities.
Joseph Harvey, the Chief Executive Officer of Cohen & Steers, remarked, “The launch of our active ETF strategies reinforces our commitment to providing investors with vehicles that help them achieve their objectives and unlock the full potential of their portfolios. We see significant tailwinds for real assets and preferred securities and believe that an allocation to these asset classes can lead to superior investment outcomes compared to traditional 60/40 stock-bond portfolios.”
Moreover, Daniel Noonan, Head of the Wealth Management Consulting Group, pointed out that “[Active ETFs] have seen tremendous market growth and have become the preferred vehicle for many wealth managers and their clients. Launching active ETFs represents a significant opportunity for Cohen & Steers to expand access to our time-tested strategies in real assets and alternative income.” He expressed eagerness for educating advisors on how active management within these specialized asset classes can enhance portfolio diversification and improve client outcomes.
For additional details regarding Cohen & Steers' Active ETFs, stakeholders are encouraged to explore the Cohen & Steers Active ETFs Knowledge Center on their official site at www.cohenandsteers.com/etfs.
About Cohen & Steers
Founded in 1986, Cohen & Steers is a recognized leader in global investment management, specializing in real assets and alternative income, covering various asset types such as listed and private real estate, preferred securities, and resource equities. Headquartered in New York City, the firm operates offices in London, Dublin, Hong Kong, Tokyo, and Singapore, employing a dedicated approach to cater to its diverse clientele's investment needs.
It is vital for investors to carefully consider the objectives, risks, charges, and expenses of any funds before investing. Details regarding these aspects can be found in the summary prospectus and prospectus available on their website or by contacting their office directly. Investing involves risks, including the potential loss of the original capital invested, and there can be no assurance that the chosen investment strategy will effectively achieve its objectives.