In partnership with ETFS Capital Ltd and ETF Securities Australia, online broker SelfWealth will launch a new ETF in 2019 called the SMSF Leaders ETF.
The portfolio of the ETF will be based on crowdsourced data collected from more than 50,000 SMSFs.
SelfWealth said that this data will be used to identify a pool of top-performing stocks, which are then whittled down for inclusion in the ETF.
“The data-based fund will enable investors to benefit from the knowledge and success of their peers and assure them that they are investing alongside like-minded people,” the broking platform said.
The ETF is scheduled to launch in the first quarter of 2019, subject to ASX and regulatory approval.
