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

- 15-02-2018
  Choosing where to go to school is as important as choosing what to study. Your ability to gain knowledge and make the professional connections, that lead to success, are often...
Vietnam Business Trip: Executive MBA participants explore the rising Asian “dragon”
- 12-02-2018
With 90 million inhabitants and an annual growth rate of 7%, Vietnam is one of the...
EDHEC Business School Celebration 2018
- 12-02-2018
Graduates and their close family and friends will be invited to celebrate their success...
- 08-02-2018
Editorial written by Dr Harsh Parikh, EDHEC PhD in Finance graduate (2016), Principal,...