One of the many certainties in the world of exchange traded funds is that smart or strategic beta funds are driving ETF industry growth. Another certainty, confirmed by data, is that nearly all users of smart beta funds intend to main or increase that exposure in the future.
There is growing demand for fundamental strategies and ETF issuers are meeting that demand. Count State Street Global Advisors (SSgA), the third-largest U.S. ETF issuer, among that group. SSgA unveiled a significant expansion to its smart beta lineup with the recent debuts of the SPDR Russell 1000 Momentum Focus ETF (NYSE: ONEO), SPDR Russell 1000 Yield Focus ETF (NYSE: ONEY) and the SPDR Russell 1000 Low Volatility Focus ETF (NYSE: ONEV).
“The ETFs are designed to track the performance of rules based indexes from FTSE Russell. The Russell 1000 Focus ETFs are designed for investors who want to tailor their specific risk and return objectives while maintaining a core position within US equities. The objectives include looking for yield (ONEY), growth potential (ONEO) or low volatility (ONEV). With the addition of the three new ...
/www.benzinga.com/trading-ideas/long-ideas/15/12/6028347/state-street-unveils-big-smart-beta-expansion alt=State Street Unveils Big Smart Beta Expansion>Full story available on Benzinga.com
More...