Main characteristics
| Bloomberg Code | SGIFXSEU |
|---|---|
| Inception Date | 28/06/2011 |
| Return Type | Excess Return |
| Currency | USD |
| Calculated By |
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Objective
SGI FX Market Access range of indices aims to replicate the performance of a strategy rolling foreign exchange forwards on currency pairs. Each index tracks a given pair and can be denominated in a third currency. The objective is to provide a simple way to access the performance of a currency vs. another one across all regions. SGI FX Markets Access indices can be used as a benchmark and as an underlying for financial instruments.
Mechanism
The SGI FX indices track the performance of a systematic roll of 1-month currency 1/currency 2 forwards. The prices of the forwards are based on publicly observable midlevels.
USD/SEK in USD Index (the “Index”) is the property of SG, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to calculate the Index. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and, these trademarks have been licensed to S&P Dow Jones Indices. “Calculated by S&P Dow Jones Indices” and its related stylized mark(s) have been licensed for use by SG. Neither S&P Dow Jones Indices, SPFS, Dow Jones, nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.