SGI Smart WTI Long is a commodity Index. It gives exposure to the crude oil performance in an optimized way compared to the traditional market indices. In other words, its objective is to optimize the characteristics of the commodity crude oil market and capture future price performance.
SGI Smart WTI Long can roll over 13 possible future contracts when there is sufficient liquidity in the crude oil market. Every month, a Proprietary Algorithm selects, among the predefined Universe, the Optimum Future Contract on which the index is going to roll, depending on price and matuirty. The Optimum Future Contract generates the lowest negative or highest positive roll yield depending on market conditions.