ETFs
5 TCW Equity ETFs migrate to the NYSE
On Thursday, TCW Group moved five of its exchange-traded funds to the New York Stock Exchange. Two funds were initially listed on the NYSE Arca, while the other three were previously listed on the Cboe BZX Exchange.
Coming to the NYSE from NYSE Arca, the TCW Artificial Intelligence ETF (AIFD ) provides exposure to companies involved in the production, development and use of artificial intelligence. TCW Group actively manages AIFD, which has a net expense ratio of 0.75%.
Just like the AIFD, the TCW Compounders ETF (GRW ) left the NYSE Arca for the NYSE. Likewise, the fund is actively managed with a net expense ratio of 0.75%. GRW aims to invest in companies with consistent, growth-oriented business models.
The TCW Transform Supply Chain ETF (EXTRA CHARGE B) is one of three TCW funds that moved from the Cboe BZX Exchange to the NYSE. SUPP aims to position itself to benefit from the growing desire to localize supply chains in North America.
The fund invests in companies engaged in efforts to advance North American supply chain infrastructure. SUPP is an additional active ETF within the TCW family, with a net expense ratio of 0.75%.
Focused on energy transformation, the TCW Transform Systems ETF (NETZ B) also moved from the Cboe BZX Exchange to the NYSE. Just like the other three actively managed funds, NETZ is also actively managed with a net expense ratio of 0.75%. The fund primarily invests in companies that TCW believes will either drive the energy transformation or benefit from it.
The TCW Transform 500 ETF (VOTE A) is the only TCW ETF transferred to the NYSE today that is not actively managed. VOTE seeks long-term growth by investing in a portfolio of the 500 largest companies in the United States. The fund has a low net expense ratio of 0.05%.
These five funds represent the entire TCW Group stock ETF library. In total, these funds have more than $1 billion in assets under management.
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