Forensic Accounting ETF (FLAG) Offers Enhanced Indexing

Forensic Accounting ETF is an option available to investors for enhanced indexing, which can mimic actively managed styles.

According to ETFTrends.com, exchange traded funds are moving beyond their traditional beta-indexing methodologies. The recently launched Forensic Accounting ETF (FLAG) adopts a five-step approach to rank each of the 500 companies forming part of S&P 500, based on earnings quality.

Traditionally ETFs track an index such as a stock index or bond index. It offers several benefits such as low costs, tax efficiency and stock-like features.