Scientific Beta

ETF Express: "Lyxor has launched the Lyxor Scientific Beta Developed Long/Short UCITS ETF - EUR-Acc on Xetra and Börse Frankfurt. (...) The benchmark index aims to offer absolute performance with low volatility and a low correlation with the broad spectrum of the equity market. The companies in the benchmark index are selected on the basis of six factors: size, value, momentum, low volatility, profitability and investment. The benchmark index also contains a short position on a broad capitalisation-weighted index in order to minimise the total beta of the equity market. The strategy includes leverage, which amplifies the upward and downward movements."

ETF Express 08/06/2018

"(...) Lyxor has launched the Lyxor Scientific Beta Developed Long/Short UCITS ETF - EUR-Acc on Xetra and Börse Frankfurt. The equity index ETF is designed to enable investors to participate in the performance of large and mid-cap companies from industrialised countries. The benchmark index aims to offer absolute performance with low volatility and a low correlation with the broad spectrum of the equity market. The companies in the benchmark index are selected on the basis of six factors: size, value, momentum, low volatility, profitability and investment. The benchmark index also contains a short position on a broad capitalisation-weighted index in order to minimise the total beta of the equity market. The strategy includes leverage, which amplifies the upward and downward movements. (...)"