ETFCentral
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.
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.