A new platform for analysing the replication quality of European ETFs has been launched by Koris International. The online platform is called TrackInsight and is aimed at professional investors who within a few clicks can “perceive and analyse the historical replication quality of ETFs (especially the Tracking Error and the Tracking Difference).” The platform includes 250 of the most significant European ETFs at launch and this number is expected to double in size in 2015.
Jean-René Giraud, Koris International’s acting CEO and co-founder, regards the initiative as “a pragmatic answer to a recurring issue encountered by our clients and partners. Selecting ETFs implies going through an intricate process given the increasing number of funds, the complex data gathering and cleansing, and the diverse structures used by each provider. TrackInsight aims to simplify the selection of underlying passive vehicles and favour the development of dynamic asset allocation strategies using tracker funds. We firmly believe an increased transparency would pave the way for ETFs to consistently improve their replication qualities.”
The platform is available via www.trackinsight.com.