Scientific Beta

Ignites Europe: "The new product by Europe’s largest asset manager gives investors exposure to the Scientific Beta Developed Multi-Beta Multi-Strategy ERC strategy index, which consists of some 2,000 stocks from large and mid-cap companies in developed markets."

Ignites Europe 24/06/2015

"(...) Amundi has rolled out its first open-ended index fund to cover several different smart beta factors following the launch of its first multi-factor exchange traded fund a year ago. The new Amundi Index Equity Global Multi Smart Allocation Scientific Beta is now available to investors in France, the UK and other key European markets. The new product by Europe’s largest asset manager gives investors exposure to the Scientific Beta Developed Multi-Beta Multi-Strategy ERC strategy index, which consists of some 2,000 stocks from large and mid-cap companies in developed markets. The index tracks the performance of four weighted sub-indices that combine the four factors of volatility, size, momentum and valuation with five smart beta diversification strategies. The sub-indices are accessed via the EDHEC Risk Institute’s Scientific Beta platform. The French group says the new index fund is designed to “provide a robust and transparent solution for investors over the long term”. (...)"