The new fund, Ossiam ETF World Minimum Variance NR, replicates the performance of the Ossiam World Minimum Variance Index NR. The aim of the index is to deliver the net total return performance of a selection of the most liquid stocks from the S&P Global 1200\u00ae Index NR[[The S&P Global 1200\u00ae Index NR is a market capitalisation-weighted index covering 31 countries and approximately 70% of global stock market capitalisation.]], weighted to minimize the risk of the total portfolio. The index is calculated and published on a real time and end-of-day basis by Standard & Poor\u2019s[[In order to minimize any potential for conflicts caused by the fact that Ossiam determines the weight of the index components at each rebalancing date and acts as asset manager, Ossiam has retained an unaffiliated third party to calculate and publish the index, namely S&P.]]. It has a total expense ratio of 0.65% per annum.<\/p>\n
The fund will be listed on October 22nd 2012 on NYSE Euronext Paris, Borsa Italiana in Milan, Deutsche B\u00f6rse in Frankfurt and on October 29th 2012 on the London Stock Exchange.<\/p>\n
In the UK, the new ETFs will be listed in GBP and USD and distributed and marketed through NGAM UK Limited. <\/p>\n
The robust framework of Ossiam\u2019s minimum variance investment strategy used in Ossiam\u2019s other investment products has enabled them to achieve their objective of volatility reduction (as shown on the next page).<\/p>\n
Bruno Poulin, CEO of Ossiam, said, \u201cFollowing the success of its minimum variance strategy in other products, Ossiam recognised the opportunity to make available to investors a means of investing in a global equities portfolio that aims to reduce volatility. Ossiam\u2019s Minimum Variance ETFs offer access to diversified portfolios – exposed to equity markets with on average a 30%[[According to calculations performed by Ossiam on 28\/09\/12 based on backtest data provided by STOXX Ltd (for data before 14\/06\/2011 for iSTOXX\u2122 Europe Minimum Variance NR index), Standard & Poor\u2019s (for data before 06\/06\/2011 for Ossiam US Minimum Variance NR index). Backtested performance results are purely hypothetical and do not represent the performance of actual trading using client assets, but are achieved by means of the retroactive application of a model. This model assumes reinvestment of net dividends. Past performance is not a reliable indicator of future performance.]] reduction in volatility and drawdowns in a systematic framework.\u201d<\/em><\/p>\n This success has encouraged investors \u2013 institutional, wholesale and retail – to continue to steadily allocate to Ossiam\u2019s strategies and ETFs since their launch in June 2011. As of September 30th, 2012, Ossiam\u2019s AUM was \u20ac525.5 million including $264.4 million in Ossiam ETF US Minimum Variance NR; \u20ac137.3 million in the Ossiam ETF iSTOXX Europe Minimum Variance NR; \u00a313 million in the Ossiam ETF FTSE 100 Minimum Variance; and $64.1 million in the Ossiam ETF Emerging Markets Minimum Variance NR.<\/p>\n Herv\u00e9 Guinamant, President and Chief Executive Officer of NGAM International Distribution, said: \u201cVolatility is here to stay and so are strategies to address it. Our recent global survey[[The survey of U.K.-based institutional investors by Natixis Global Asset Management (NGAM), one of the 15 largest asset managers in the world based on assets under management, was released on September 25, 2012 by NGAM\u2019s Durable Portfolio Construction Research Center. The online survey of 30 institutional investors in the United Kingdom was conducted by OnResearch in June-July, 2012. Institutional investors surveyed manage or oversee corporate pensions, public\/government pensions, fund of funds, sovereign wealth funds, insurance reserves\/liabilities, and\/or endowments\/foundations. The median asset level managed by U.K.-based respondents was approximately \u00a375billion. The U.K. survey is part of a larger global study of 482 institutional investors in 13 countries in Asia, Europe and the Middle East, as well as the U.S. A copy of the global survey highlights is available at www.ngam.natixis.com\/pressroom.]] demonstrated that the vast majority of institutional investors are finding it difficult to mitigate the impact of market volatility on portfolios. But an even greater proportion view market volatility as an investment opportunity. Ossiam\u2019s strategies and funds are designed to both stand up to today\u2019s volatile markets and help investors reach their return objectives, making them a key component in building more durable portfolios.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Ossiam, the smart beta[[\u00ab Smart beta \u00bb refers to systematically-managed, non-market-cap-weighted strategies covering any asset class.]] and exchange-traded funds (ETFs) investment manager and affiliate of Natixis Global Asset Management (NGAM), has today announced the launch of its latest ETF which offers access to its minimum variance strategy applied to global developed equity markets.<\/p>\n","protected":false},"author":20,"featured_media":25495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1809,1655,1718,1671,1657,1651,1711,1437,1691,1705],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/25497"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=25497"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/25497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/25495"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=25497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=25497"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=25497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}