The Morgan Stanley Scientific Beta HFE US Equity 6F EW UCITS ETF seeks to track the Scientific Beta United States HFI Multi Beta Multi Six Factor EW Market Beta Adjusted index. The Scientific Beta United States HFI Multi Beta Multi Strategy Six Factor EW Market Beta Adjusted index tracks US securities. The title selection is based on six style factors: Size, Value, Momentum, Low Volatility, High Profitability, Low Investment. The securities are weighted using various strategies: Efficient Maximum Sharpe Ratio, Efficient Minimum Volatility, Maximum Deconcentration, Maximum Decorrelation and Diversified Risk Parity.
The ETF's
TER (total expense ratio) amounts to
0.30% p.a.. The Morgan Stanley Scientific Beta HFE US Equity 6F EW UCITS ETF is the cheapest ETF that tracks the Scientific Beta United States HFI Multi Beta Multi Six Factor EW Market Beta Adjusted index. The ETF replicates the performance of the underlying index synthetically with a
swap. The dividends in the ETF are
accumulated and reinvested in the ETF.
The Morgan Stanley Scientific Beta HFE US Equity 6F EW UCITS ETF is a very small ETF with
2m GBP assets under management. The ETF was
launched on 6 December 2017 and is
domiciled in Ireland.