ETF provides first access to multi-strategy approach of Scientific Beta index family…
Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy
A new exchange-listed index fund issued by Amundi has been tradable in Deutsche Börse’s XTF segment since Tuesday.
Name: Amundi ETF Global Equity Multi Smart Allocation Scientific Beta UCITS ETF
Asset class: equities
ISIN: FR0011829084
Total expense ratio: 0.40 percent
Distribution policy: non-distributing
Benchmark: Scientific Beta Developed Multi-Beta Multi-Strategy ERC-Strategieindex
The Amundi ETF Global Equity Multi Smart Allocation Scientific Beta UCITS ETF enables investors to participate for the first time in the multi-strategy approach of the Scientific Beta index family. The reference index tracks the performance of the four sub-indices of the Scientific index family and aims to generate a higher return than the indices weighted traditionally by market capitalisation. Only large- and mid-cap companies from industrialised nations are considered for selection, which is based on the following four risk factors: size of the company, the ratio of book value to market value, momentum and low volatility.
Source: ETFWorld.co.uk
Subscribe to Our Newsletter
