The index methodology states that each M&A deal for which the terms change should exit the SGI Merger Arbitrage Premia Index (Bloomberg ticker : SGIXQMA2 Index). However, Exactech remained in the index despite the deal terms modification in early December 2017 (price changed from 42$ to 49.25$). TPG Capital acquired Exactech the 15th February 2018 for 49.25$, and SGI won't consider a past exit of the deal for this specific transaction.
The SGIXCEIG, SGIXCEXO, SGIXCAHY and SGIXCAIG indices will be rounded to 3 decimal places from and including 15th January 2018, the historical value will also be reduced to 3 decimal place due to system limitations.
|Nom||Perf. MTD||Perf. YTD|
|SGI Silver x5 Short||+21.95 %||+14.61 %|
|SGI Brent x5 Short||+14.57 %||-6.76 %|
|SGI WISE Japan Top||+12.12 %||+3.87 %|
|SGI European Quality Ex-Overvalued Index||+9.30 %||+9.30 %|
|SGI -7x Daily Inverse on MSCI Singapore||+3.81 %||-24.40 %|
|SGI Short Brent||+3.77 %||-0.11 %|
|SGI Convex US Treasury Index||+3.30 %||+9.78 %|
|SGI VI Beta Index||+3.08 %||+4.39 %|
|SGI PH LV Europe Index||+2.92 %||-0.73 %|
|SGI VI Beta 2 Index||+2.90 %||+4.28 %|