Ossiam launches smart beta ETF on Xetra
French boutique Ossiam has announced the launch of a new smart beta equity index fund on Deutsche Boerse’s Frankfurt-based electronic trading platform Xetra.
The Ossiam Shiller Barclays CAPE US Sector Value TR UCITS ETF 1C aims to offer investors access to the performance of the four most undervalued US sectors.
The sectors are selected monthly based on the relative CAPE ratio and 12-month momentum.
The fund has a total expense ratio of 0.65% and an accumulation distribution policy.