ETF.com: "In 2012, ERI Scientific Beta was created with the objective of bringing scientific rigor to smart-beta indexes. Their solutions aim at addressing the potential issues of market-cap-weighted indexs by distinguishing factor exposures and weighting strategies."
ETF.com 25/02/2015
"(...) The EDHEC Risk Institute (ERI) is an academic institution focusing on applied research for the investment industry and is widely followed among large institutions; in particular, pension funds and endowments. In 2012, ERI Scientific Beta was created with the objective of bringing scientific rigor to smart-beta indexes. Their solutions aim at addressing the potential issues of market-cap-weighted indexs by distinguishing factor exposures and weighting strategies. ETF Securities is the first provider in the U.S. market to offer products tracking indexes from ERI Scientific Beta: ETFS Diversified-Factor U.S. Large Cap Index Fund (SBUS), ETFS Diversified-Factor Developed Europe Index Fund (SBEU). These ETFs seek to provide broad market exposure by combining the four current well-established previously disclosed factors, while the weighting strategies aim to maximize the exposure with a goal of improving overall risk adjusted performance. (...)"
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