They follow a passive management strategy with a tweak in the component weightings unlike traditional, market-cap-weighted index funds. Van Eck Global is closing down four of its smart-beta international ETFs. The company said it will close the funds on June 30, and that all investors who held a position in any of them can get their money back. The news comes on the same day that﻿ Goldman Sachs launched a smart beta fund, its very first ETF.
Van Eck Global is closing down four of its smart-beta international ETFs. The company said it will close the funds on June 30, and that all investors who held a position in any of them can get their money back. The news comes on the same day that﻿ Goldman Sachs launched a smart beta fund, its very first ETF.