A new equity index ETF issued by Ossiam – the Ossiam Global Multi-Asset Risk-Control – UCITS ETF 1C (EUR) – is now trading on Xetra and Börse Frankfurt.
The ETF enables investors to participate in the performance of a diversified portfolio of risk-focused assets and money market ETFs.
The risky assets portfolio contains ETFs that track western equities and treasury notes, emerging market securities (equities and bonds), corporate bonds, commodities and real estate.
Underlying constituents are weighted by mean-variance optimisation.
The ETF is hedged against currency risk via one-month futures contracts, as is the currency risk to euros from non-euro denominated ETFs selected for the index.
Single securities contained in the reference index may not constitute more than 4.5 per cent. Sectors are limited to a maximum of 20 per cent and individual countries to 50 per cent. The index is composed of at least 30 securities.