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Main characteristics

Bloomberg code SGIXWUT
Inception date 02/01/2008
Return type Net Return
Currency USD

Objective

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.

Mechanism

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.


The SGI WISE US Top Index began publishing on February 1, 2008. Therefore, all data for the Index for the period prior to February 1, 2008 represent S&P Dow Jones ("S&P DJ"s) application of the Index methodology in order to reconstruct hypothetical historical data for the period prior to February 1, 2008 consistent with the Index methodology. Results prior to February 1, 2008 may have been different had the Index actually been in existence. The SGI WISE US Top 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 maintain and 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 Custom” and its related stylized mark(s) are service marks of S&P Dow Jones Indices and have been sublicensed for certain purposes by SG. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates shall be liable for any errors or omissions in calculating the Index. 
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