Nomura Asset Management has launched two actively managed ETFs following the conversion of existing mutual funds completed on November 6, 2026. The Nomura Strategic Income ETF (MFIX), converted from the Nomura Strategic Income Fund (formerly Macquarie Strategic Income Fund), employs a multisector fixed income strategy combining higher-yielding bonds with investment-grade securities to generate income while managing risk. The Nomura Small and Mid Cap ETF (SMDC), converted from the Nomura Smid Cap Core Fund, targets undervalued opportunities across U.S. small- and mid-cap equities through fundamental research, quantitative modeling, and disciplined stock selection. Both ETFs retain substantially the same investment strategies as their predecessor funds and adopt their historical performance records, expanding investor access to established active strategies through the ETF structure.