|Return type||Net Return|
The SGI WISE US Top Index (the “Index”) seeks to outperform the US Equity market by tracking the performance of stocks from the S&P 500 that exhibit high value and momentum opportunities according to the systematic and rules-based WISE US model.
The index is rebalanced on a monthly basis using a series of 12 criteria. The Index aggregates the last 12 selections to potentially make a diversified yet representative selection of US equities.
Each month, the members of the S&P 500 are screened according to the WISE US Model, using 12 criteria that represent Value and Momentum styles: the 12 scores are summed and determine the WISE US Score for each stock. The top 10% of stocks make the selection for the month. The Index is the aggregation of the last 12 selections with a liquidity threshold, as the scores were designed to deliver performance over a 12-month time horizon.