Global X launches family of ETFs based on Scientific Beta indices

Written on 13 May 2015.


Global X Funds, the New York-based provider of exchange-traded funds (ETFs) offering access to investment opportunities across global markets, has launched a family of four ETFs based on Scientific Beta indices: 

  • The Global X Scientific Beta US ETF (SCIU)
  • The Global X Scientific Beta Europe ETF (SCID)
  • The Global X Scientific Beta Japan ETF (SCIJ)
  • The Global X Scientific Beta Asia ex-Japan ETF (SCIX) 

These ETFs, which track multi-factor indices developed by ERI Scientific Beta, provide core equity exposure to the US, Europe, Asia ex-Japan, and Japan. 

Representing the next generation of smart beta indexing, the ETFs capture four factors simultaneously: Value, Size, Momentum and Low Volatility. While each individual factor has historically outperformed the market in the long term, the Scientific Beta strategy seeks to smooth the cyclicality of their returns and deliver more consistent outperformance by combining the factors together. Furthermore, by combining five unique weighting schemes, the ETFs seek to maximise diversification and minimise inadvertent factor tilts. 

For Bruno del Ama, CEO of Global X Funds, "ERI Scientific Beta's methodology has been developed over years of thorough academic research, but so far its use has been mostly limited to institutional investors. We are excited to bring this premier smart beta strategy to a broader audience through the ETF structure."

See Also

Bond Portfolio Optimization in the Presence of Duration Constraints - EDHEC-Risk Institute research article in the Journal of Fixed Income
News
- 19-07-2018
We are pleased to enclose an EDHEC-Risk Institute research article published in the...
Lionel Martellini discussed ageing population: goal-based investing and its application to the retirement problem
News
- 10-07-2018
Lionel Martellini, Professor of Finance at EDHEC Business School and Director of EDHEC-...
[EDHEC Experience] Light on the first urban Lab of Latin America
News
- 09-07-2018
Wide Open: in the explorers' shoes The third stopover of the Wide Open project has been...
EDHECInfra Days: Infrastructure Investors need proper benchmarks
News
- 05-07-2018
Earlier this month we held the first EDHECinfra Days event in London, bringing together...