Bringing you live news and features since 2006 

Salt Financial launches low volatility ETF powered by truBeta


Salt Financial, a provider of data, ETF and index products, has launched the Salt Low truBeta US Market ETF (LSLT), which uses the firm’s proprietary truBeta forecast and is designed to target low volatility and beta stability.

The ETF tracks the Salt Low truBeta US Market Index, gives exposure to US large and midcap equities with the opportunity for better risk adjusted returns.
The fund is launching with an expense ratio of 29 basis points. Although the fund filed a recent amendment covered by the press and in social media, the filing is pending review by the SEC. Unless otherwise disclosed, the fund will operate at an expense ratio of 29 basis points.
Paired with the existing Salt High truBeta US Market ETF (SLT), the company is giving investors the capability to target their desired levels of risk exposure in their portfolios. The funds, tracking the Low and High truBeta indices share a common selection universe and construction methodology. They begin by selecting components from the Solactive US Large and Midcap Index, a benchmark of the top 1,000 stocks in the US ranked by market capitalisation. The universe is further filtered by trading volume, helping minimise transaction costs in tracking the index while selecting from a broad range of more liquid US large and midcap stocks. The portfolios are equally weighted, sector capped, and rebalanced quarterly.
The Salt Low truBeta US Market Index has a lower PE ratio and a higher yield than some of the leading low volatility alternatives. Investors keen on lowering their market risk while maintaining exposure to US equities should find LSLT an attractive addition to their portfolio.
“In the quest for outperformance, we aim to supply sophisticated investors with the advanced tools to measure, enhance and build their optimal portfolios,” says Tony Barchetto, Salt Financials’ Founder and Chief Investment Officer.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by