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.

Overview

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-renumerated 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.

Key Facts

Ticker SFGVM
Type Excess Return
Weighting Volatility Driven
Rebalancing Daily
Base Date Dec 31, 2004
Inception Date Jul 31, 2021
Calculation Agent Salt Financial Indices LLC

Performance