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Xetra/Börse Frankfurt: New Amundi ETF Launched In XTF Segment On Xetra - ETF Provides First Access To Multi-Strategy Approach Of Scientific Beta Index Family

Date 16/09/2014

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. 

Deutsche Börse’s XTF segment product range currently comprises a total of 1,035 exchange traded funds. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.