Kurv Investment Management has expanded its active ETF lineup with the launch of the Kurv U.S.
Large Cap TaxOptimized ETF (BATS:LCTO).
The firm designed the firm to give investors passive exposure to the S&P 500 Index while seeking to enhance after-tax income and potentially outperform the benchmark through an actively managed portfolio strategy.
The ETF employs institutional-style portfolio construction techniques historically used by pension funds, endowments, and sovereign wealth funds.
According to Kurv Founder and CEO Howard Chan, decades of academic and financial research suggest that active stock selection alone has struggled to consistently generate excess returns over the S&P 500.
