CHICAGO, May 18, 2017 /PRNewswire/ -- The Zacks Mid Cap Core Strategy has received a 5-Star Ranking from PSN Top Guns in the All-Cap Core Equity Universe. This award was given to the top ten performing firms in their peer group for the three-year period ending March 31, 2017.
"We are proud to be a part of this elite distinction in being awarded the 5-star ranking from PSN Top Guns," said Mitch Zacks, Principal and Senior Portfolio Management of Zacks Investment Management.
The objective of the Zacks Focus Growth Strategy seeks to invest in large-cap stocks with high projected earnings growth to provide stronger returns than the Russell 1000 Growth Index. The strategy is also focused on growth oriented Stocks with a bias toward large-cap corporations.
About Zacks Investment Management
Zacks Investment Management is a wholly owned subsidiary of Zacks Investment Research, one of the largest providers of independent equity research in the U.S. Zacks is an expert in the practice of using earnings estimate revisions in the investment process. Zacks Investment Management is a Register Investment Advisor.
Zacks Investment Management's core philosophy is based on the belief that each individual company's stock price is driven by earnings expectations. By tracking analysts' earnings estimate revisions, Zacks seeks to profit from future stock price movement, creating the potential for strong returns for their shareholders. For more information please visit www.ZacksIM.com.
PSN, produced by Informa Investment Solutions, is one of the leading investment manager search and evaluation databases to be offered industry wide. PSN tracks more than 2,000 money management firms and over 20,000 investment products. For more information regarding Top Guns List, you can visit www.informais.com
Past Performance is no guarantee of future results. Results for Zacks Investment Management's Dividend Strategy reflect the reinvestment of dividends and other earnings. Individual results may differ. The results submitted to PSN portray the performance history for a representative managed separate account gross of fees.
This press release is distributed for information purposes only; to notify readers of a PSN ranking. The results submitted to PSN portray the performance history for a representative managed account gross of fees, and do not include the deduction of investment advisory fees. An investor's actual return will be reduced by the advisory fees and any other expense which may be incurred in the management of an investment advisory account. Upon request, Zacks Investment Management will provide gross and net performance information for the Dividend Strategy.
PSN and Informa Investment Solutions have no affiliation with Zacks Investment Management, but rather evaluate investments managers' performance on an objective basis. Products must have an R-Squared of .80 or greater relative to the style benchmark for the latest five-year period ending March 31, 2017. Moreover, products must have returns greater than the style benchmark for the latest three-year period ending March 31, 2017. Products are then selected which have a standard deviation for the five-year period equal or less than the median standard deviation for the peer group. At this point, the top ten information ratios for the latest five-year period ending March 31,2017 then become 6 STAR TOP GUNS.
Zacks Investment Management
227 West Monroe, Suite 4350
Chicago, IL 60606
Internal Desk: 888.600.2783
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-zacks-focus-growth-strategy-earns-5-stars-300460192.html
SOURCE Zacks Investment Management