Scientific Beta

ETF.com: "ERI Scientific Beta launched a range of smart-beta indexes in February that provide access to various risk strategies in developed countries. The so-called smart factor indexes are built on the ERI Scientific Beta platform by investors. Investors pick their geography and one of 24 “risk tilts”; for example, high momentum, which defines the stock selection."

ETF.com 25/04/2014

"(...) ERI Scientific Beta launched a range of smart-beta indexes in February that provide access to various risk strategies in developed countries. The so-called smart factor indexes are built on the ERI Scientific Beta platform by investors. Investors pick their geography and one of 24 “risk tilts”; for example, high momentum, which defines the stock selection. The stocks are then weighted by taking the average weighting from five strategies: maximum deconcentration, minimum variance, diversified risk weighting, maximum Sharpe ratio and maximum decorrelation. According to the firm, this results in diversification from a weighting perspective and a strategy perspective. In total, 216 new indexes will be launched across nine regions, multiplied by 24 different kinds of stock selection. All developed-world countries will be included in the new index range, with benchmarks targeting the U.S., U.K., eurozone, developed Europe ex-U.K., Japan, developed Asia-Pacific ex-Japan and several other developed countries. (...)"