Scientific Beta

ETF.com: "It tracks the Scientific Beta Developed Multi-Beta Multi-Strategy ERC strategy index, which blends size, low volatility, momentum and value factors, from ERI Scientific Beta, the indexing arm of EDHEC-Risk Institute."

ETF.com 12/06/2014

"(...) Amundi has launched a smart beta exchange traded fund (ETF) costing 0.40 percent and it is the first ETF launch in partnership with the EDHEC-Risk Institute. The new ETF listed on 10 June on the NYSE Euronext Paris exchange in euro, British Sterling and US dollar share classes. It tracks the Scientific Beta Developed Multi-Beta Multi-Strategy ERC strategy index, which blends size, low volatility, momentum and value factors, from ERI Scientific Beta, the indexing arm of EDHEC-Risk Institute. The two companies announced their partnership to launch ETFs for the institutional market in February. Morgan Stanley announced this week that it has also brought to market a smart beta ETF with ERI Scientific Beta for the same price. It has a primary listing on the London Stock Exchange and ranks index constituents in equal weight. (...)"