Salt Low Beta Health Care Index
The Salt Low Beta Sector Series Indices (“Low Beta Series”) 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 Low Beta Series 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 Low Beta Health Care Index (ticker: SFLBV) tracks the performance of all Health Care 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|