ETF CentralETFCentral


CoreShares

CoreShares Scientific Beta Multi Factor ETF (SMART)



Summary

Issuer
CoreShares
Short Code
SMART
Launch Date
10 July 2019
Index Tracked
Scientific Beta CS SA 6 F EW
Ticker Symbol
JSE:SMART


Exposure

Local/Offshore
Local
Asset Class
Equity


Cost

TER
0.55%


Smart Beta

Smart Beta
Yes
Smart Beta Type
Alternative Index Construction


Dividends

Distribution Dates
Mar, Jun, Sep, Dec
Last Dividend Payout
19 October 2020
Next Dividend Payout
TBC


Detailed Description

´╗┐The objective of the portfolio is to track the Scientific Beta CS South Africa Six-Factor Equal Weighted Index. This strategy is created to offer exposure to well-rewarded, academically grounded risk factors, whilst diversifying away as much as possible from non-rewarded, non-systematic risks.

The index, which is constructed and maintained by the EDHECRisk Institute in France, provides exposure to the 50 largest and most liquid shares listed on the JSE (primary and secondary) and is rebalanced quarterly.