DALLAS, May 1, 2012 /PRNewswire/ -- EAM Partners L.P. of Dallas, Texas today announced certain changes to the index methodology for the Trader Vic Index™ (TVI™). The index, which EAM has licensed to The Royal Bank of Scotland plc, will now have a separate natural gas sector which seeks to reflect price trends in natural gas futures contracts independently from price trends in crude oil, RBOB (gasoline) and heating oil futures contracts, which together comprise the energy sector for the TVI™. In any given month, the natural gas sector may now be positioned "long" or "short" so that the index can seek to reflect price trends in both directions for natural gas futures contracts. Importantly, while the base weight of the TVI's energy sector has been reduced to reflect the removal of natural gas futures contracts, the components of TVI™'s energy sector continue to be positioned either "long" or "flat" on a monthly basis.
Changes in the construction of the TVI™'s energy sector and the creation of the natural gas sector are effective today (May 1, 2012), along with certain other changes noted on Bloomberg pages TVICTR<Index> and TVICER<Index> and on Reuters pages .TVICTR and .TVICER. In addition, a detailed index rules description paper is available from EAM upon request.
Investors cannot invest directly in an index. "TVI™" and "Trader Vic Index™" are trademarks of EAM Partners L.P., which was founded in 2001 by Victor Sperandeo. Widely known as "Trader Vic", Victor is a trader, index developer and financial commentator with over 40 years of experience on Wall Street. EAM Partners L.P. is part of the EAM Group of Companies, which implements futures-based indices and methodologies on behalf of large institutional clients. EAM Partners L.P. itself does not direct client accounts or provide commodity trading advice based on or tailored to the commodity interests or cash markets or other circumstances of a particular client.
SOURCE EAM Partners L.P.