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Goldman Sachs Launches The First ActiveBeta ETF

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Rupert Hargreaves
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The smart beta rush continues.

Goldman Sachs has announced today that its asset management arm, Goldman Sachs Asset Management has launched its first exchange-traded fund, the ActiveBeta® US Large Cap Equity ETF -- ActiveBeta® is now a trademark of Goldman Sachs.

ActiveBeta® is the latest product to emerge in the development of smart beta products, which try to beat the market cheaply by using more sophisticated indices. These indices can be weighted to many different factors such as demographic trends and fundamentals. Different stock selection and weighting to the underlying index are smart beta hallmarks.

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Smart beta growth

First of many

Goldman's new ActiveBeta® smart beta ETF will be the first in a series of...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha