Robeco has expanded its actively managed ‘3D’ equity suite with the launch of an emerging market ETF.
The Robeco 3D Emerging Markets UCITS ETF (REM3) is listed on the London Stock Exchange, SIX Swiss Exchange, Frankfurt Stock Exchange and Borsa Italiana with a total expense ratio (TER) of 0.30%.
While REM3 was one of the five ETFs which received approval from the Central Bank of Ireland (CBI) last September, its belated arrival owes to the additional time required for operational setup in some of its target exposures, Robeco told ETF Stream.
Like other ‘enhanced index’ active ETFs offered by the firm and its peers, REM3 integrates a “quant approach” to inform its broad allocation to emerging market equities.
Robeco added the ETF also employs machine learning and natural language processing (NLP) to better respond to short-term market dynamics.
Nick King (pictured), head of…
