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TSCM

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TimesSquare Quality Mid Cap Growth ETF

Objective

The TimesSquare Quality Mid Cap Growth ETF seeks long-term capital appreciation by investing primarily in a diversified portfolio of U.S. equity securities of mid-capitalization companies that exhibit strong growth potential and high-quality characteristics.

Investment Team

Sonu Chawla

Portfolio Manager

26 Years of Experience
8 Years with TimesSquare

Edward F. Salib

Portfolio Manager

24 Years of Experience
24 Years with TimesSquare

Joshua A. Bischoff

Portfolio Manager

31 Years of Experience
23 Years with TimesSquare

Fund Overview

The Fund is actively managed to provide targeted exposure to the U.S. mid-cap growth market. TimesSquare applies a bottom-up, research-driven approach to identify companies that demonstrate:

Sustainable competitive advantages

Strong and capable management teams

Consistent growth and meaningful earnings potential

The Fund defines “mid-capitalization companies” as those within the market capitalization range of the Russell Midcap® Growth Index. TimesSquare may continue to hold securities that move outside this range if doing so aligns with the Fund’s investment objectives.


By maintaining a disciplined focus on quality, growth, and diversification, the TimesSquare Quality Mid Cap Growth ETF aims to deliver attractive long-term returns while managing risk through a structured, team-based investment process.

Fund Characteristics

Fund Details

*30-Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Performance

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call (888) ETF-TSCM.

Short term performance, in particular, is not a good indication of the funds future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be bought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each shares portion of the funds underlying assets and cash at the end of the trading day.

Top 10 Holdings

Holdings are subject to change without notice.

Purchase

The Fund (TSCM) is available through various channels including via phone (888) ETF-TSCM, broker-dealers, investment advisers, and other financial services firms, including:

News

While stock selection through fundamental bottom-up research is at the core of our investment proces, macro dynamics increasingly shape capital allocation, valuation discipline, earnings durability, and risk perception.
This quarter, we focus our perspective on the Information Technology sector and the drivers behind why it remains fundamentally robust and how the dynamics of value creation are changing.
This quarter, we focus our perspective on the Information Technology sector and the drivers behind why it remains fundamentally robust and how the dynamics of value creation are changing.
While stock selection through fundamental bottom-up research is at the core of our investment proces, macro dynamics increasingly shape capital allocation, valuation discipline, earnings durability, and risk perception.

Sonu Chawla, Portfolio Manager

26 Years of Experience | 8 Years at TimesSquare

Sonu is a Partner and Portfolio Manager & Research Analyst on TimesSquare’s U.S. Equity Team. She shares responsibility for overseeing all U.S. Mid Cap Growth strategies. With two decades of experience in the investment industry, she joined TimesSquare in 2018 as a Senior Research Analyst covering the Technology, Media, and Telecom (TMT) sectors, specifically software, internet, and tech services, before being promoted to Portfolio Manager in 2022. Her career is defined by a commitment to quality growth investing, honed through prior roles as a Senior TMT Analyst at Pine River Capital Management and Surveyor Capital (Citadel), as well as an Analyst at Fred Alger Management. Before transitioning to investment management, she worked as a technology consultant at Deloitte Consulting.

Sonu holds an M.S. in Mathematics and Computer Science from the Indian Institute of Technology (IIT) and an M.B.A. from Northwestern University’s Kellogg School of Management. She is a member of the CFA Institute and the CFA Society New York.

Personal Interests: When she is not curating investments, she enjoys raising her two sons, listening to business podcasts, and sampling cuisines from around the world.

Edward F. Salib, Portfolio Manager

24 Years of Experience | 24 Years at TimesSquare

Ed is a Partner and Portfolio Manager & Research Analyst on TimesSquare’s U.S. Equity Team. He shares responsibility for overseeing all U.S. Mid Cap Growth strategies and for research coverage of Consumer Discretionary & Staples, Media, and related services. He joined TimesSquare in 2002 as the Equity Team’s first Associate, supporting all analysts across multiple sectors. He narrowed his focus to Consumer, Tech, and Business Services in the late 2000s, before taking on a Senior Research Analyst role in 2013, solely focused on the Consumer space.

Ed holds a B.S. in Applied Economics & Management from Cornell University.

Personal Interests: When Ed is not researching investment opportunities, he is an avid golfer and fitness enthusiast and enjoys spending time with his wife and two children.

Joshua A. Bischoff, Portfolio Manager

31 Years of Experience | 23 Years at TimesSquare

Joshua is a Partner, Head of Trading, and Portfolio Manager at TimesSquare and serves as a member of the Management Committee. His leadership responsibilities include developing the firm’s risk and data analytics platforms and helping to expand its active ETF business. He joined TimesSquare in 2003 from Loomis Sayles & Co., where he held a similar position.  His previous experience includes trading for small cap equity products at Scudder Kemper and Dreman Value and working as a block trader for Bear Stearns, where he concentrated on trading financial and energy stocks. 

Joshua holds a B.S. in Business Administration from Providence College and FINRA Series 7, 63, and 57 licenses.

Personal Interests: When Joshua is not trading and leading the firm, he can usually be found tinkering with combustion engines or dialing in brisket and ribs on his Lang smoker.