Guggenheim Investments, the eighth largest US issuer of exchange-traded funds with $27.5 billion in ETF assets-under-management, and the first to launch the so-called strategic/smart beta products, recently rolled out an ‘optimized’ strategic-beta product targeting the large capitalization US stocks. The newly minted Guggenheim Large Cap Optimized Diversification ETF (OPD) seeks to replicate the performance of the Wilshire Large Cap Optimized …
New ETFs On The Block: Janus Small Cap Growth Alpha ETF (JSML)
Since entering the exchange-traded funds space over a year ago by acquiring VelocityShares, Janus have been steadily expanding fund offerings by launching both equity and fixed-income focused funds. Given Janus’ long history in fundamental factor based investment strategy, the newly-launched so-called Smart Growth equity funds seem long overdue. The newly launched Janus Small Cap Growth Alpha ETF (JSML) and Janus …
New ETFs On The Block: PowerShares S&P 500 Momentum Portfolio (SPMO)
Factor-based investing has been quite popular within the investment community and, at a time when valuations seem a little stretched, momentum factor based strategies managed to find increasing favor with investors. PowerShares, the fourth-largest US issuer of exchange-traded funds and one of the biggest purveyors of factor-based investment, recently added a momentum factor based ETF to their lineup after the …
New ETFs On The Block: JP Morgan Diversified Return US Equity ETF (JPUS)
JP Morgan Asset Management, the exchange-traded fund issuing arm of the investment bank JP Morgan, recently joined hands with FTSE Russell to leverage their respective capabilities in investment science and index designing. The outcome was the launch of JP Morgan’s fourth “smart beta” ETF that bolsters the money manager’s offerings in that niche and attempts to exploit the domestic US …
New ETFs On The Block: FlexShares US Quality Large Cap Index Fund (QLC)
Investors that are increasingly betting on a US recovery in the midst of a turbulent global economic scenario possibly should focus on large-cap US companies as part of their core holding. While there are nearly 120 exchange-traded funds that focuses on large-cap US equities through a variety of strategies including fundamentals, size, value, growth, sector, size, earnings, dividend yields etc, …
New ETFs On The Block: Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC)
Goldman Sachs Group Inc, one of the most reputable financial institutions in the world, has been conspicuous by their absence from the US exchange-traded funds industry for over two decades. That changed recently when Goldman Sachs Asset Management – the fund manager overseeing more than $1 trillion assets, rolled out their first ETF based on the so-called “smart beta” methodology …