ClearShares OCIO ETF passes $100m in AUM

Sep 27th, 2017 | By | Category: ETF and Index News

Dive deeper into ESG & Impact investing at our upcoming breakfast briefing on Wednesday 28th March 2018 at The South Place Hotel, London, with presentations from Equileap, FTSE Russell, MSCI and UBS - REGISTER NOW

The ClearShares OCIO ETF (NYSE Arca: OCIO) is celebrating passing $100 million in assets under management. The fund – launched by provider ClearShares, a subsidiary of Clearbrook, in June of this year – is an ETF of ETFs, offering access to an actively managed, diverse portfolio of passive index‐based ETFs and actively managed ETFs.

ClearShares OCIO ETF

Members of Clearbrook Global Advisors ring the NYSE closing bell on 30 August 2017 to mark the launch of OCIO.

Elliot Wislar, CEO of Clearbrook, commented: “We have been very pleased with investor interest in the OCIO ETF. This client-driven solution is an example of Clearbrook’s applied innovation. We build answers to client investment needs that seek to exceed their investment goals and objectives.”

The ETF’s investment process begins with top-down, forward-looking capital market research. This includes evaluating global economic scenarios and identifying the markets, asset classes, sectors, styles and geographic regions believed to be best positioned to deliver positive absolute and relative returns.

The fund also performs risk analysis by evaluating factors such as credit spread levels, market volatility, yield curve shape, energy prices, market correlations and currency risks. It performs bottom-up research which seeks to identify asset classes that are attractive on both an absolute and relative basis, and to select optimal ETFs using equities-, fixed income- and alternative investments-specific criteria.

In addition to the risk analysis embedded in the fund’s investment process, OCIO seeks to limit downside risk by avoiding ETFs that employ high levels of leverage, derivatives, or highly illiquid securities. The fund typically limits investment in any single ETF to a maximum of 5% of total assets.

Tom Deegan, CIO, Clearbrook, added, “We launched the fund as a solution to our clients’ demand for a cost effective alternative to the traditional OCIO (Outsourced Chief Investment Officer) model with an ETF structure and the feedback has been very positive.”

OCIO has a total expense ratio of 0.67% due to a contractual fee waiver in place until June 2018. Its gross expense ratio is 0.87%.

Tags: , , , , , , ,

Leave a Comment