LT Large Core ETF

Neville Javeri: At Allspring, we have a rich history of active investing. For decades, we have developed and refined a wide array of investment strategies aimed at delivering superior outcomes for investors. This spirit continues with the recent launch of our first ETFs (exchange-traded funds), and I'm pleased to share that we brought one of our more popular core active equity strategies to the ETF market: the Allspring LT Large Core ETF. ALRG provides access to an established active strategy that we've managed for years and is now available with all the potential advantages of an ETF. ALRG is built on the foundation of consistency that we've developed over the years at Empiric LT. The fund is managed by the same team and uses the same investment process as our SMAs (separately managed accounts) and institutional separate accounts, which have been around for more than a decade and have combined assets of more than $11 billion. The fund is managed by our Empiric LT Equity team, which averages more than 21 years of industry experience. Now, we're offering greater choice to our clients—delivering this strategy in a new way through a tax-efficient, cost-effective, transparent, and liquid investment vehicle. So, why ALRG? There are four key differentiators that make ALRG and our investment approach stand out. The first is what we look for in companies. We focus on fundamentally superior companies with long-term growth potential, unique and resilient competitive advantages, outsized market share, and high barriers to entry. In other words, we're looking for those exceptional companies that will be able to grow consistently over time. This leads me to our second key differentiator, which is our long-term focus. Every decision we make is based on our long-term investment thesis. We typically hold high-quality companies over a full business cycle or more. We believe that over the long term, stock returns are driven by strong company fundamentals, which ultimately can drive outperformance. The third is a high-conviction approach. It's difficult to pass the test for entry to our portfolios. ALRG targets about 40 to 60 high-quality stocks that we identify as being mispriced relative to their true long-term growth potential. So, you're getting our best ideas, not index exposure. Our last differentiator is our proprietary decision-making tool called the Total Return Monitor. This is our valuation framework—a powerful portfolio construction tool that takes the results of our fundamental research and ranks every single company according to its expected return. We think this framework brings a truly consistent and repeatable approach to managing our portfolios. If you're seeking a long-term solution for your U.S. large-cap core equity exposure, then the Allspring LT Large Core ETF may be right for you.