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Mr. Wallis joined the firm in 1999 and was previously employed by Simmons & Company International and Coopers & Lybrand, L.L.P. He has over 25 years of investment management, financial analysis, and accounting experience.

Mr. Wallis received a BBA from Baylor University and an MBA from Harvard Business School. 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How is this ETF Different?<\/h3>\r\nThis ETF is different from traditional ETFs \u2013 traditional ETFs tell the public what assets they hold each day; this ETF will not.<\/strong> This may create additional risks<\/strong>. For example, since this ETF provides less information to traders, they may charge you more money<\/strong> to trade this ETF\u2019s shares. Also, the price you pay to buy or sell ETF shares on an exchange may not match the value<\/strong> of the ETF\u2019s portfolio. These risks may be even greater in bad or uncertain markets<\/strong>. See the ETF prospectus for more information.","show_portfolio":"1","show_cyr":"","show_growth_chart":"","show_discount_chart":"1","promo_card":{"isArticle":"true","target":"","loginCheck":"popup","audience":"public","alias":"\/us\/markets\/why-active-etfs-matter-during-volatile-times","image":"webart369-0722","image_format":"jpg","image_dimensions":"380x214","overlay":"Watch","teaser":"Why Active ETFs Matter During Volatile Times","abstract":"NYSE\u2019s ETF Leaders series profiles Vaughan Nelson\u2019s Dan Hughes on how a truly active approach aims to help clients navigate today\u2019s challenging markets.","days_ago":"September 15, 2022","author":"Dan Hughes"},"podcast_card":null,"insights_news":[{"loginCheck":"popup","audience":"public","link":"\/us\/press-release\/natixis-vaughan-nelson-select-etf-vnse-celebrates-three-year-anniversary","teaser":"Natixis Vaughan Nelson Select ETF (VNSE) Celebrates Three Year Anniversary","date":"October 17, 2023"},{"loginCheck":"popup","audience":"public","link":"\/us\/markets\/magic-etf-primary-markets","teaser":"A Look Behind the Curtain \u2013 ETF Primary Markets","date":"September 29, 2023"},{"loginCheck":"popup","audience":"public","link":"\/us\/portfolio-construction\/a-concentrated-portfolio-may-mean-enhanced-returns","teaser":"A Concentrated Portfolio May Mean Enhanced Returns","date":"August 17, 2023"},{"loginCheck":"popup","audience":"public","link":"\/us\/markets\/three-tips-for-trading-etfs","teaser":"3 Tips for Trading ETFs","date":"July 10, 2023"},{"loginCheck":"popup","audience":"public","link":"\/us\/press-release\/natixis-and-loomis-announce-launch-natixis-loomis-sayles-focused-global-growth-etf","teaser":"Natixis Investment Managers and Loomis Sayles Announce Launch of Natixis Loomis Sayles Focused Growth ETF, Managed by the $70B Loomis Sayles Growth Equity Strategies Team","date":"June 29, 2023"}],"adtrax":"3194339.6.1","why_choose":"
    \r\n
  • As a potential return enhancer for long-term equity investors.<\/li>\r\n
  • For investors searching for active management expertise.<\/li>\r\n
  • As a complement to a more passive equity indexed approach.<\/li>\r\n
  • For investors looking for a less style-box conscious offering with the potential to generate alpha.1<\/sup><\/li>\r\n<\/ul>","investment_strategy":"
      \r\n
    • Vaughan Nelson seeks to take advantage of temporary information and marketplace inefficiencies across the market capitalization range to find opportunities to invest in companies at valuations materially below their long-term intrinsic value.2<\/sup><\/li>\r\n
    • Managers follow a research-intensive process emphasizing balance sheets and cash flow-based projections.<\/li>\r\n
    • The team defines value in three ways and seeks to diversify across company types:<\/li>\r\n<\/ul>\r\n

      Undervalued Earnings Growth:<\/strong><\/p>\r\n

        \r\n
      • Future redeployment of capital is not reflected in current valuation<\/li>\r\n<\/ul>\r\n

        Undervalued Assets:<\/strong><\/p>\r\n

          \r\n
        • Priced at a discount to asset value<\/li>\r\n
        • Identifiable catalyst with ability to close valuation gap<\/li>\r\n<\/ul>\r\n

          Undervalued Dividend Yield:<\/strong><\/p>\r\n

            \r\n
          • High, stable dividend<\/li>\r\n
          • Minimal perceived downside risk<\/li>\r\n<\/ul>","investment_strategy_disclosure":"1<\/sup> Alpha is a measure of the difference between a portfolio's actual returns and its expected performance, given its level of systematic market risk. A positive alpha indicates outperformance and negative alpha indicates underperformance relative to the portfolio's level of systematic risk.
            2<\/sup> Intrinsic value is the value of a company, based on the net present value of forecasted cash flows such as future earnings or dividends.","list_of_risks":"ETF General Risk, Active ETF, Equity Securities Risk, Non-Diversified Risk, Value Investing Risk, Predatory Trading Practices Risk, Proxy Portfolio Structure Risk, Authorized Participant Concentration Risk, Trading Issues Risk, Premium\/Discount Risk","risks":[{"title":"ETF General Risk","description":"Exchange-Traded Funds (ETFs) trade like stocks, are subject to investment risk, and will fluctuate in market value. Unlike mutual funds, ETF shares are not individually redeemable directly with the Fund, and are bought and sold on the secondary market at market price, which may be higher or lower than the ETF's net asset value (NAV). Transactions in shares of ETFs will result in brokerage commissions, which will reduce returns.\u200b\u200b"},{"title":"Active ETF","description":"Unlike typical exchange-traded funds, there are no indexes that the Fund attempts to track or replicate. 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If successful, this could result in such market participants engaging in predatory trading practices that could harm the Fund and its shareholders."},{"title":"Proxy Portfolio Structure Risk","description":"Unlike traditional ETFs that provide daily disclosure of their portfolio holdings, the Fund does not disclose the daily holdings of the Actual Portfolio. Instead, the Fund discloses a Proxy Portfolio that is designed to reflect the economic exposure and risk characteristics of the Fund\u2019s\r\nActual Portfolio on any given trading day. Although the Proxy Portfolio and Proxy Portfolio Disclosures are intended to provide Authorized Participants and other market participants with enough information to allow them to engage in effective arbitrage transactions that will keep the market price of the Fund\u2019s\r\nshares trading at or close to the underlying NAV per share of the Fund, while at the same time enabling them to establish cost-effective hedging strategies to reduce risk, there is a risk that market prices will vary significantly from the underlying NAV of the Fund."},{"title":"Authorized Participant Concentration Risk","description":"Only an authorized participant (\u201cAuthorized Participant\u201d) may engage in creation or redemption transactions directly with the Fund. The Fund has a limited number of institutions that act as Authorized Participants, none of which are or will be obligated\r\nto engage in creation or redemption transactions. To the extent that these institutions exit the business or are unable to proceed with creation and\/or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units, Fund shares\r\nmay trade at a discount to NAV and possibly face trading halts and\/or delisting. The Fund\u2019s novel structure may affect the number of entities willing to act as Authorized Participants, and this risk may be exacerbated during times of market stress."},{"title":"Trading Issues Risk","description":"Trading in Fund shares on the NYSE Arca may be halted in certain circumstances. If 10% or more of the Fund\u2019s Actual Portfolio does not have readily available market quotations, the Fund will promptly request that the NYSE Arca halt trading in the Fund\u2019s shares. Such trading halts may have a greater impact on the Fund compared to other ETFs due to its lack of transparency."},{"title":"Premium\/Discount Risk","description":"The market value of the Fund\u2019s shares will fluctuate, in some cases materially, in\r\nresponse to changes in the Fund\u2019s NAV, the intraday value of the Fund\u2019s holdings, and the relative supply and demand for the Fund\u2019s shares on the exchange. There is a risk (which may increase during periods of market disruption or volatility) that market prices for Fund shares will vary significantly from the Fund\u2019s NAV. This risk may be greater for the Fund than for traditional ETFs that disclose their full portfolio holdings on a daily basis because the publication of the Proxy Portfolio does not provide the same level of transparency as the publication of the full portfolio by a fully transparent active ETF."}],"objective":"Seeks long-term capital appreciation","asset_classes":["US Equity"],"fund_disclosure":"S&P 500\u00ae<\/sup> Index is a widely recognized measure of U.S. stock market performance. It is an unmanaged index of 500 common stocks chosen for market size, liquidity, and industry group representation, among other factors. It also measures the performance of the large cap segment of the US equities market.","shareclass_disclosure":"","lock_image_path":"\/templates\/natixis\/images\/tmplicons\/lock.svg","lock_image_class":"floatright","lock_image_alt":"Financial Professional content \u2013 requires login"}