Ehrlich Financial Group Pivots Toward International Equities via CORO Stake

Ehrlich Financial Group disclosed a new investment in the iShares International Country Rotation Active ETF (CORO) in its latest SEC filing. The firm acquired 236,174 shares, with the position valued at approximately $7.59 million at the end of the first quarter. The new holding represents a substantial 4.36% of the group's total assets under management (AUM), placing it among the firm's top holdings alongside major U.S.-based ETFs. This allocation suggests a deliberate move to reduce domestic concentration in favor of international exposure as macroeconomic conditions evolve. CORO is an actively managed fund with roughly $3 billion in assets and a net expense ratio of 0.55%. The fund utilizes proprietary models and BlackRock's global research to rotate capital across various non-U.S. markets, aiming for long-term capital appreciation through efficient diversification. The strategy has demonstrated strong momentum, posting a one-year return of approximately 31% as of March 31, outperforming its benchmark's 25% return. Recent price action indicates that shares have risen about 40%. This shift highlights a growing trend among some institutional managers to hedge against U.S. market volatility by leveraging active international rotation strategies rather than simple sector rotation.