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Source GS EFI World ETF launches on Xetra


A new equity index exchange-traded fund issued by Source – the Source Goldman Sachs Equity Factor World UCITS ETF – is now trading on Deutsche Borse’s Xetra.

The new ETF, which has a total expense ratio of 0.65 per cent, enables investors to participate for the first time in a strategy approach based on these five stock-picking factors: size, value, momentum, quality and low beta.
 
This ‘beta plus’ strategy with global equity exposure aims for outperformance compared to traditional indices weighted by market capitalisation.
 
The reference index currently comprises over 620 securities from 22 countries.

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