The SGI Global Real Return Vol Target Index aims to provide an exposure to the fund - M&G Global Real Return Fund with a volatility control mechanism.
The Index is constructed pursuant to a rebalancing process between (a) the Fund and (b) a hypothetical deposit based on the EUR 3-month Interbank Offer Rate used to optimize, under certain circumstances, the exposure to the Fund while keeping the risk level of the Index close to a pre-defined target level. The exposure to the Fund can reach a maximum of 150% of the level of the Index.
“The SGI Global Return Vol Target 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.”