Vident will launch its Core U.S. Equity ETF on Jan 22

|About: Vident International Eq... (VIDI)|By:, SA News Editor

Vident Financial is launching its second ETF tomorrow after a successful introduction of its first fund, the Vident International Equity ETF (VIDI) in October 2013.

As described on the fund's home page, the Vident Core U.S. Equity ETF (VUSE) is a multi-cap fund which "seeks to represent a portfolio of U.S. companies that adhere to higher standards of of corporate governance and accounting".

VUSE will feature a unique weighting strategy, representing holdings by Vident's principle expressions, placing higher focus on value than market-cap to determine weighting.

Other U.S. multi-cap value ETFs: BFOR, PWC, IWW, FAB, VLUE