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 (NOBL 58.31 +0.22 +0.38%) earned a 5-Star Morningstar Rating™ in November 2016. The ProShares mid cap ETF that tracks the dividend growers in the S&P 400® (REGL 51.12 +0.12 +0.24%) and their small cap ETF that tracks the dividend growers in the Russell 2000® Index (SMDV 54.28 -0.05 -0.09%) 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.