BlackRockOct 17 2016

BlackRock expands smart beta ETF range with US equity push

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by
BlackRock expands smart beta ETF range with US equity push

BlackRock has expanded its range of iShares factor exchange-traded funds (ETFs) with the launch of four US equity-focused products.

The 'smart beta' funds will look to offer exposure to different factors within the US equity market, with one focusing on undervalued stocks and another seeking smaller-cap names from MSCI's index range.

The other two ETFs will look to provide exposure to shares with the strongest risk-adjusted performance over the last six and 12 months, and companies with strong balance sheets and stable earnings, respectively.

Each fund is physically replicating - meaning it directly buys stocks - and comes with a total expense ratio of 0.2 per cent.

Manuela Sperandeo, head of iShares Emea specialist sales at BlackRock, said: "Different factors tend to perform in different market environments, and these four funds complement our European equity and global equity factor range allowing investors to express their views on the major global developed equity markets."