The Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF 1C (EUR Hedged) seeks to track the Shiller Barclays CAPE® US Sector Value (EUR Hedged) index. The Shiller Barclays CAPE® US Sector Value (EUR Hedged) Strategy selects from the S&P 500 the five sectors with the lowest relative CAPE (Cyclically Adjusted Price Earnings). The relative CAPE coefficient evaluates the relative cost performance of a sector based on its current and long-term historical prices and returns. Then the method calculates the sector with the lowest price dynamics over a period of 12 months, i. e. the sector with the worst performance during the period under review. Each of the remaining four sectors receives the same weighting (25%) and the components of the investment universe are realigned monthly. Currency hedged to Euro (EUR).
The ETF's
TER (total expense ratio) amounts to
0.65% p.a.. The ETF replicates the performance of the underlying index synthetically with a
swap. The dividends in the ETF are
accumulated and reinvested in the ETF.
The Ossiam Shiller Barclays CAPE® US Sector Value TR UCITS ETF 1C (EUR Hedged) has
278m GBP assets under management. The ETF was
launched on 3 May 2017 and is
domiciled in Luxembourg.