ETFs providing exposure to MSCI EAFE factor indices (i.e. Europe, Australasia and Far East equities with approaches based on factors such as value, growth, min vol, dividends…) climbed another +0,94% yesterday as +$226,50M of new shares were created on the primary market to answer the growing investor demand. Most of these inflows went to ETFs tracking the MSCI EAFE Value Index. Yesterday’s performance brought the segment’s 30-day cumulative return to +7,17%, with inflows reaching +$568,25M over the same period. Performance has rebounded progressively over the past months yet it is not enough to recover from the dramatic losses incurred over the first quarter (drawdown almost reaching -30%). As a result, Smart Beta EAFE ETFs’ overall performance remains negative year-to-date (-10,68%). 11 funds tracking 11 different versions of the MSCI EAFE factor indices are included in the segment for a total of $24,73Bn of assets under management.