The Morgan Stanley Scientific Beta Global Equity Factors UCITS ETF seeks to track the Scientific Beta Developed Multi Beta Multi-Strategy Equal-Weight index. The Scientific Beta Developed Multi Beta Multi-Strategy Equal-Weight index tracks securities from developed markets worldwide. The title selection is based on four style factors: Size, Value, Momentum, Low Volatility. 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
0.40% p.a.. The Morgan Stanley Scientific Beta Global Equity Factors UCITS ETF is the only ETF that tracks the Scientific Beta Developed Multi Beta Multi-Strategy Equal-Weight 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 Global Equity Factors UCITS ETF is a very small ETF with
1m GBP assets under management. The ETF was
launched on 30 May 2014 and is
domiciled in Ireland.