Salt truVol® US Large Cap Balanced 5 (Excess Return)
Targets 5% portfolio volatility by dynamically adjusting exposure among stocks, Treasury bonds, and cash on a daily basis.
The Salt truVol® US Large Cap Balanced 5 Index (ticker: SFBAL) is designed to provide exposure to both US equities and Treasuries while targeting a constant volatility level of 5%. The Index uses the truVol® Risk Control Engine (RCE) to help optimize weighting between the SPDR S&P 500 ETF (SPY) 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.
|Base Date||Dec 31, 2003|
|Inception Date||Jul 31, 2021|
|Calculation Agent||Salt Financial Indices LLC|