Ossiam ETF quotes a new US sector rotation strategy based ETF on the Barclays Shiller Cape Ratio on Xetra
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By ETFWorld.co.uk
Bruno Poulin, CEO of Ossiam
Since Tuesday, a new exchange-traded fund issued by Ossiam has been tradable on Xetra and Börse Frankfurt.
The Ossiam Shiller Barclays CAPE US Sector Value UCITS ETF in the USD share class offers investors access to the US sector selection strategy. This aims to identify undervalued industries based on the Shiller price-to-earnings ratio (CAPE ratio).
The CAPE ratio is a cyclically-adjusted price-to-earnings ratio and is equal to the share price divided by the inflation-adjusted average earnings over the past ten years.
This valuation metric is used to identify undervalued companies and is extended here to equity sectors. A monthly rotation selects the five most undervalued sectors based on the relative CAPE ratio. The sector with the least momentum is additionally excluded. The remaining four sectors are weighted equally.
| Name | Ossiam Shiller Barclays CAPE US Sector Value TR – UCITS ETF 1C (USD) |
Asset class | Equity ETF |
ISIN | LU1079841513 |
| Ongoing charges | 0.65 per cent |
| Distribution policy | accumulating |
| Reference index | Shiller Barclays CAPE US Sector Net TR Index |
Source: ETFWorld
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