A new exchange-listed index fund issued by Amundi – Amundi ETF Global Equity Multi Smart Allocation Scientific Beta UCITS ETF – is now trading in Deutsche Börse’s XTF segment.
The 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.