Saw this email this morning. A quick look at Victory Cap shows funds with loads. Ugh, I hope I’m wrong. The “benefits” write up sure is interesting. Not much substance there.
USAA is pleased to select Victory Capital, an investment industry leader, to acquire the USAA Asset Management Company, which includes our Mutual Fund and ETF businesses as well as the USAA 529 College Savings Plan.
./.
Benefits for You:
Victory Capital will offer members exceptional expertise, enhanced investment teams and more competitive choices, including:
Expanded investment capabilities and a strong performance track record
USAA's award-winning fixed income expertise now combined with Victory Capital's industry-leading multi-manager investment platform and its competitive performance across various asset classes
Double the number of Mutual Funds and triple the number of ETFs at competitive prices
Well-established investment products and services under the USAA brand, including Mutual Funds, ETFs and the USAA 529 College Savings Plan