Salt Financial Services Total Sector Low Beta Index
Seeks to lower risk in a Financial Services sector portfolio by overweighting the historically lower volatility stocks in the group.
The Salt Total Sector Low Beta Indices (“Sector Indices”) measure the performance of stocks organized into specific sectors, inversely weighted by their sensitivity to moves in the broader market (beta) in an attempt to reduce risk while maintaining focused sector exposure. The Sector Indices uses sectors defined by the Morningstar Global Equity Classification Structure (“GECS”) mapped to each component of the Solactive US Large & Midcap Index (the top 1000 US stocks ranked by market capitalization, the “Base Index”).
The Salt Financial Services Total Sector Low Beta Index (ticker: SFLBF) tracks the performance of all Financial Services stocks in the Base Index, weighted by their inverse truBeta® squared.
|Base Date||Mar 19, 1999|
|Inception Date||Jun 10, 2020|
|Calculation Agent||Salt Financial Indices LLC|