Simeon Hyman, CFA, Head of Investment Strategy at ProShares, discusses his market outlook and optimism for small and mid cap equities in 2017. With over $28 billion in assets under management, ProShares is one of the largest U.S. ETF providers.
ProShares is a pioneer in dividend grower ETFs, and their flagship ETF, the S&P 500® Dividend Aristocrats ETF (Unfortunately, we could not get stock quote NOBL this time.) earned a 5-Star Morningstar Rating™ in November 2016. The ProShares mid cap ETF that tracks the dividend growers in the S&P 400® (Unfortunately, we could not get stock quote REGL this time.) and their small cap ETF that tracks the dividend growers in the Russell 2000® Index (Unfortunately, we could not get stock quote SMDV this time.) both topped the 2016 Lipper Rankings for performance in their respective categories.
Simeon discusses how these strategies may be used by advisors with other active or passive strategies in a total portfolio allocation. He also discusses potential solutions for an increasing rate environment. The Lipper Rankings are available to view here.