Salt truVol® Growth-Value Momentum (Excess Return)
Targets 5% volatility by dynamically adjusting exposure among either US large cap growth or value stocks, Treasury bonds, and cash on a daily basis.
The Salt truVol® Growth-Value Momentum Index (ticker: SFGVM) is designed to designed to provide exposure to either US large cap growth or value stocks with Treasuries for diversification while dynamically controlling volatility with a target of 5%. The Index uses the truVol® Risk Control Engine (RCE) to help optimize weighting between the iShares Russell 1000 Growth ETF (IWF), the iShares Russell 1000 Value ETF (IWD) and the iShares 7-10 Year Treasury Bond ETF (IEF). The strategy also uses the RCE to maintain a daily volatility target of 5%, using non-remunerating cash to reduce exposure if necessary.
The Index is rebalanced daily and calculated in excess of a daily accrual of the Federal Funds Effective Rate (Excess Return) and includes an index fee of 50 basis points.
|Base Date||Dec 31, 2004|
|Inception Date||Jul 31, 2021|
|Calculation Agent||Salt Financial LLC|