Goldman Prepares For Grand Entry Into The ETF World

The ETF industry has been taking giant strides since last year with many issuers launching products with varied themes, while several others making inroads into the field. And if 2014 turned out a historic year for the ETF industry with assets hitting the $2 trillion (approximately) mark and over 180 ETFs being rolled out, 2015 looks even more promising (read: 5 Very Successful ETF Launches of 2014).

Last year, we saw J.P. Morgan Chase & Co. (JPMentering the market with JPMorgan Diversified Return Global Equity ETF (JPGE - ETF report). Now, another banking behemoth – Goldman Sachs Group Inc. (GS) – is following suit. The issuer has already been permitted to roll out six actively managed and five passively managed ETFs. Apparently, the issuer is leaving no stone unturned to see success in this arena. It has filed funds in almost every renowned ETF space.

Most recently, Goldman disclosed the names and the ticker codes of six impending actively managed ETFs. The underlying indices of the funds will look for securities with high scores on criteria like value, momentum, quality and volatility. Below we detail the funds.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)

Emerging market is a bright spot in ETF investing given the high-growth and high-yield potential. So, a fund in this jam-packed but promising area is quite expected. The fund will face stiff competition from the likes of FTSE RAFI Emerging Markets Portfolio (PXH), iShares MSCI Emerging Markets Minimum Volatility ETF (EEMV) and Morningstar Emerging Markets Factor Tilt Index Fund (TLTE).

Goldman Sachs ActiveBeta Europe Equity ETF (GSEU)

Europe has been grabbing eyeballs since the start of 2015 given the ECB’s launch of the QE program and the continent’s record-low interest rate environment. GSEU targets the developed Europe. Products like Europe AlphaDEX Fund (FEP), iShares MSCI Europe Minimum Volatility ETF(EUMV) and Diversified-Factor Developed Europe Index Fund (SBEU) could give GSEU a run for its money.

Goldman Sachs ActiveBeta International Equity ETF (GSIE)

This fund will look beyond the U.S. border and give investors exposure in Europe, Canada, Middle East and the Asia-Pacific. Most of the nations in this region are thriving on easy money and thus act as a lucrative investment proposition. SPDR MSCI World Quality Mix ETF (QWLD), Dorsey Wright International Focus 5 ETF (IFV) and SPDR MSCI ACWI IMI ETF (ACIM) might give tough competition.

Goldman Sachs ActiveBeta Japan Equity ETF (GSJY)

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