We tried to get the First Lady to make our announcement but the
White House had her sequestered away doing it for someone else. So your humble blogger is here to convey some
exciting news. You may have noticed the
new Dynamic tab on our home page index screen containing our latest new
indices.
The ETFGsm Quant Equity 10
is a smart beta index representing the top ranked funds from our Quant model as
selected on the third Friday of each month.
The selections are implemented two trading days later and remain for the
month until a new crop is selected, usually seeing about half the names turn over
each month. Some of those funds may be thinly
traded, so for institutional managers with liquidity mandates we also devised
the ETFGsm Golden Dozen. That one works the same way but picks the top
12 funds with a minimum average daily trading value of $5 million. Their year to date performance may not look
very special but going back to inception in late July, both indices have
handily outperformed the S&P 500, so keep your eye on them. You can see more information on each at your Bloomberg
terminal under the tickers ETFGQE10
and ETFGQE12. Or you can click on either one from our
indices screen and see their constituents.
We will also be providing historical information on them as we more
fully integrate our home page with our calculation agent, Structured Solutions
AG, an emerging leader in this emerging space.
But that is not all. We
have also engaged our calculation agent to publish our ETFGsm 500 which now
carries Bloomberg ticker ETFG500. It simply tracks the largest 500 ETPs,
excluding leveraged or inverse, as constituted annually and rebalanced
quarterly. That one is unique in that is
crosses asset classes and regions. So if
you are among the growing numbers of managers who invest in commodity, currency
or fixed income ETPs along with the traditional foreign and domestic equity
funds, you no longer have to track a benchmark designed for esoteric hedge fund
products or one constructed to replicate what your portfolios already look like. Your clients will appreciate seeing how their
portfolios perform compared to a simple unbiased benchmark that represents the investment universe from which you are selecting.
We are in the process of getting those three indices published on
as wide a platform as possible to make them fully accessible to the investing
public at no charge. So it shouldn't be
long until they are available from your favorite quote provider; if not, please
ask for them. You can contact us at support@etfg.com if you would like to
benchmark against them or desire any further information on those three or the
many other indices on our home page. If
you manage ETFs you need comprehensive information, idea generation with clear and
concise ratings and relevant benchmarks.
ETF Global is that unique place that provides all three. Not much movement in today’s rankings but we’ll
be back to take a look at those tomorrow.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.