Making its debut on 10/29/2013, smart beta exchange traded fund Vident International Equity Strategy ETF (VIDI) provides investors broad exposure to the Foreign Large Value ETF category of the market.
The Vident International Equity Strategy ETF (VIDI) made its debut on 10/29/2013, and is a smart beta exchange traded fund that provides broad exposure to the Foreign Large Value ETF category of the market.
Designed to provide broad exposure to the Foreign Large Value ETF category of the market, the Vident International Equity Strategy ETF (VIDI) is a smart beta exchange traded fund launched on 10/29/2013.
| XMUN Exchange | US Country |
This entity is a fund that focuses on investing in a diverse range of equity securities from issuers located in both developed and emerging markets outside of the United States. The investment strategy hinges on a systematic, rules-based index approach, committing at least 80% of its total assets (excluding collateral from securities lending) to securities that compose the underlying index, as well as depositary receipts representing these securities. The underlying index itself is constructed based on a set of predefined rules, aimed at carefully selecting equities from global markets, excluding the U.S., to maximize growth potential and diversification benefits for investors.
This fund specializes in global equity investments, seeking to invest in a wide array of stocks from companies located outside the United States. By focusing on developed and emerging markets, the fund aims to provide investors with exposure to international growth opportunities and diversification away from U.S.-centric portfolios.
Alongside direct investments in equities, the fund also invests in depositary receipts. These financial instruments represent equity in foreign companies and are a key component in achieving the fund's goals of international diversification and access to foreign equity markets. Depositary receipts include American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), facilitating easier investment in foreign enterprises.
The fund employs a systematic, rules-based approach to construct its investment portfolio, following the strict guidelines of its underlying index. This strategy aims to reduce human error and bias in stock selection, relying instead on predefined criteria to guide investment decisions. This approach ensures a disciplined adherence to the fund's investment mandate, targeting consistent long-term returns for its investors.