An Intrinsic Value Focused ETF
Let's talk about TIIB. Todd Asset Management is the subadvisor on this actively managed strategy. For those who are not familiar with Todd Asset Management, they were founded in 1998. They're located in Louisville, Kentucky, and quite honestly, their motto is very simple: intrinsic value all day, every day.
Their multifactor model blends three specific areas of investment disciplines: valuations, fundamentals, and market recognition to help identify the most attractive targets or prospects in terms of stocks in the international arena.
One of the reasons why we've worked with Todd for many years is because they have a tremendous track record. As I mentioned, this firm's been around for 35 years. The average investment tenure on their investment team is over 35 years. The truth of the matter is the underlying strategy that TIIV implements has been live for decades and the performance has been exceptionally strong in the SMA wrapper.
In fact, if you're interested in seeing historical performance, you can go to the TIIV offering documents and we have SMA performance. The fact of the matter is the SMA has outperformed year-to-date, 3 year, 5 year, 7 year, 10 year, almost every time frame. So, we're super excited about this product.
We're super excited to get Todd out there, let everybody know about their expertise in the international space, how they've been performing over the years, and just bring this product to retail investors.
