“CATH is just one example of how we are able to execute an advisor’s investment thesis in a cost and tax-efficient wrapper,” Glownia said.
Alka Banerjee, Managing Director of Product Management at S&P Dow Jones Indices, said interest in indices that address ethical and sustainable issues have expanded from niche segments into mainstream investment strategies.
“The S&P 500 Catholic Values Index draws upon the widely recognized and prominent S&P 500 to provide the market with a transparent index that addresses a unique perspective and serves as the basis for Global X’s new ETF,” Banerjee said.
Deutsche Launches New Emerging Market Fund ‘DEMG’
Deutsche Asset Management announced Tuesday a new addition to its multifactor ETF suite.
The Deutsche X-trackers FTSE Emerging Comprehensive Factor ETF (NYSEArca: DEMG) seeks to track the FTSE Emerging Comprehensive Factor Index. The FTSE Russell family of Comprehensive Factor Indices is designed to track the equity market performance of companies that have demonstrated relatively strong exposure to targeted investment style factors: value, momentum, quality, low volatility and size.
Fiona Bassett, Head of Passive in the Americas, said emerging market equities may be an interesting opportunity for diversification or growth.
“Investors who believe emerging markets are poised to rebound may be interested in DEMG, which seeks to identify and overweigh relatively valuable, high-quality emerging market stocks, with relatively positive performance momentum and lower volatility,” Bassett said. “DEMG is an important addition to our suite of Comprehensive Factor ETFs, which is designed to help investors establish new efficient frontiers in their asset allocation.”
Deutsche X-trackers Russell 1000 Comprehensive Factor ETF (NYSEArca: DEUS) and Deutsche X-trackers FTSE Developed ex US Comprehensive Factor ETF (NYSEArca: DEEF) launched in November 2015, and have both outperformed their market cap weighted benchmarks since launch.