Daily ETF Watch: EM Smart Beta Fund Filed

Global X plans new addition to its Strategic Beta lineup.

Reviewed by: Heather Bell
Edited by: Heather Bell

Global X Funds has filed for an addition to its multifactor smart-beta family of ETFs that will target emerging markets. The Global X Scientific Beta Emerging Markets ETF joins four other ETFs that cover Europe, the U.S. and Asia.

The Global X Scientific Beta funds already trading include the following:

The emerging markets ETF tracks the Scientific Beta Emerging Multi-Beta Multi-Strategy Equal Risk Contribution Index. Like the other funds, it will target the value, size, low-volatility and momentum factors. The index methodology then applies multiple weighting approaches to maximize the diversification level of the index.

The filing did not include an expense ratio or ticker. It didn’t mention an exchange, but the other Global X Scientific Beta funds listed on the NYSE Arca exchange.

Contact Heather Bell at [email protected].

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.