Smart Beta ETFs Gather Assets


    Smart Beta equity ETFs/ETPs listed globally gathered $3 billion in new assets in October and $53.7 billion in the first 10 months of 2015, says ETFGI’s ‘Global Smart Beta ETF and ETP Insights’ report for October. There were 764 smart beta equity ETFs/ETPs with 1,336 listings and assets of $399 billion from 106 providers listed on 31 exchanges in 27 countries. In terms of the factors used by indices in their methodologies which smart beta products track, 401 products with $286.6 billion track indices which use fundamental factors in their screening process such as dividend yield, earnings per share, revenue, or other accounting metrics. Year to date, 148 new smart beta equity ETFs/ETPs were launched by 48 providers across 33 index providers in 17 countries, while 16 products were delisted from eight different providers.