APPLETON, Wis., July 14, 2015 /PRNewswire/ -- The Endowment Index® calculated by Nasdaq OMX® increased 0.52% (on a total return basis) for the 3 months ended June 30, 2015. This compared to the S&P 500, which gained 0.28% for the same period. Year-to-date, the Endowment Index® has gained 3.45%, vs. 1.23% for the S&P 500.
Eight of the index's 19 components provided a positive return for the quarter. With the largest component of the gains provided by private equity, equity-emerging market/China, equity-international developed, and equity-emerging markets/diversified. Of the 11 components that posted a negative return during the quarter, the three components whose underperformance most impacted the index's performance were domestic real estate, hedge strategies, and oil and gas.
Visit EndowmentIndex.com to download an index fact sheet or spreadsheet containing longer term performance information or register to receive periodic Endowment Index® updates.
- ETF Model Solutions®, co-creator of the Endowment Index®, has been named a finalist for the Wisconsin Innovation Awards, which highlight the development of groundbreaking and innovative ideas from all sectors or companies throughout Wisconsin.
ETF Model Solutions, LLC designs ETF-based investment solutions for advisers, institutions, retirement plans and individual investors based upon the Endowment Investment Philosophy®. The firm is the investment manager for the Endowment Multi Asset ETF Collective Investment Fund, a Collective Investment Trust (CUSIP 26923F105) available for use in 401(k) Plans.
Contact: Tim Landolt, Managing Director, 920.785.6012.
Disclosure: You cannot invest directly in an index. Indexes do not contain fees. Past performance is not necessarily indicative of future results. Information presented is for educational purposes only and is not intended as an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies, nor shall it be construed to be the provision of investment advice. Investments involve risk and unless otherwise stated, are not insured or guaranteed. Be sure to consult with a qualified financial adviser before implementing any investment strategies discussed herein. ETF Model Solutions, LLC is registered as an investment adviser with the SEC. Performance information contained in this presentation is provided net of any underlying exchange-traded fund expenses but does not include any other fees or expenses. A copy of our disclosure document, Form ADV Brochure Part 2, is available upon request. ETF Model Solutions does not make solicitation payments to award sponsors in order to be nominated or to qualify for nomination of any award. Award recognition does not qualify as an endorsement of any particular index, investment, or investment strategy. Award criteria can be obtained from WisconsinInnovationAwards.com.
SOURCE ETF Model Solutions, LLC