Monthly ERI Scientific Beta smart beta index performance report
Among the highlights of the December 2013 monthly performance report for the ERI
Scientific Beta indices:
* Over the latest one-year period, the best performing index was the SciBeta
United Kingdom Mid-Liquidity Maximum Deconcentration Index, with a relative
return of +11.18%.
* Over the long term, all diversified multistrategy indices exhibit a positive
relative return compared to cap-weighted indices, whether they are broad or
tilted cap-weighted indices. The highest performances relative to broad cap-
weighted indices are posted by the small-cap index and the high book-to-
market (value) index (+2.76% and +2.71%, respectively).
* For the year 2013, the Diversified Multistrategy Index for all stocks
produced an absolute return of +27.46% and a relative return compared to a
broad cap-weighted index of +0.66%.
* For the past month, the best relative return compared to a broad cap-
weighted index was provided by the Diversified Multistrategy Index with a
High Volatility stock selection with a return of +0.61%.
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As part of its policy of transferring know-how to the industry, EDHEC-Risk
Institute has set up ERI Scientific Beta. ERI Scientific Beta is an original
initiative which aims to favour the adoption of the latest advances in smart
beta design and implementation by the whole investment industry. Its academic
origin provides the foundation for its strategy: offer, in the best economic
conditions possible, the smart beta solutions that are most proven
scientifically with full transparency of both the methods and the associated
risks.
ERI Scientific Beta, 1 George Street, #07-02, Singapore 049145. For further
information, please contact: Carolyn Essid, Tel.: +33 493 187 824, E-mail:
carolyn.essid@scientificbeta.com, Web: www.scientificbeta.com.
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ERI Scientific Beta smart beta index performance report December 2013:
http://hugin.info/157174/R/1754661/592197.pdf
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Source: EDHEC-Risk Institute via GlobeNewswire
[HUG#1754661]
