M.D. Sass Concentrated Value ETF (SASS)

The M.D. Sass Concentrated Value ETF (SASS) is an actively managed fund from M.D. Sass, a New York-based investment manager, that seeks long-term capital appreciation.

The fund holds a concentrated portfolio of U.S. stocks that the managers consider undervalued relative to their intrinsic worth, using fundamental research to identify companies with improving prospects or catalysts for value to be recognized.

M.D. Sass was founded by Martin D. Sass and has a long history of value-oriented investing. The concentrated design means individual holdings can have a meaningful effect on the fund's results, and the portfolio may look quite different from a broad value index.