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Actinver Relaunches SMARTRC ETF With Morningstar to Target Factor-Led Gains

The overhaul cuts the management fee to 0.25% using Morningstar’s first Mexico index design to draw younger investors.

Overview

  • Actinver, which relaunched the ETF Tuesday on the Mexican Stock Exchange with Morningstar, shifted it to a multifactor index that screens about 25 local stocks.
  • The fund now tracks the Morningstar Mexico Quality Value Index, the firm’s first index built directly for a Mexican product, using value and growth signals with portfolio optimization.
  • The management fee drops from 0.65% to 0.25%, putting pricing in line with BlackRock’s IPC tracker NAFTRAC.
  • Shares traded around 63.75 to 65 pesos per unit, a level pitched as friendly for first-time and small-balance investors.
  • Actinver cited roughly 20% gains so far in 2026 and about 275% cumulative returns, while assets sit near 150 million pesos and the firm cautioned that past results do not predict future performance.