TimesSquare Capital Management Announces the Launch of the TimesSquare Quality Mid Cap Growth ETF (TSCM)

Core Viewpoint - TimesSquare Capital Management has launched the TimesSquare Quality Mid Cap Growth ETF (TSCM), which has achieved an initial milestone of $25 million in assets, aiming to fill a gap in the actively managed mid cap growth ETF market [1]. Group 1: ETF Launch and Features - The TimesSquare Quality Mid Cap Growth ETF (TSCM) is an actively managed U.S. mid cap growth ETF that leverages TimesSquare's 25-year investment history [1]. - TSCM employs a bottom-up, research-intensive approach to identify mid capitalization growth companies with significant long-term appreciation potential [1]. - The ETF will target 30-40 holdings, focusing on attractive valuation, fundamental stability, sustainable competitive advantages, and strong management [1]. Group 2: Investment Philosophy and Management - The investment philosophy of TSCM is described as "Growth with a Conscience," emphasizing valuation discipline throughout the investment cycle [1]. - The ETF is managed by a team with extensive experience in mid cap and small cap growth strategies at TimesSquare, including Sonu Chawla, Edward Salib, and Joshua Bischoff [1]. - TimesSquare Capital Management specializes in growth-oriented equity strategies and has a longstanding track record in small and mid cap growth investing [1]. Group 3: Future Plans and Offerings - The launch of TSCM is the first in a planned series of ETFs, expanding TimesSquare's current offerings which include Separately Managed Accounts, Mutual Funds, and Collective Investment Trusts [1]. - The firm aims to provide investors with access to its 25-year history of managing U.S. mid cap growth strategies through this new ETF [1].