NEW YORK, Feb. 27, 2013 /PRNewswire/ -- ETF Global (www.etfg.com), a leader in ETF investment decision support, announced today the ETFGsm Series of Indices which include the Benchmark ETFGsm 500 and Dynamic Indices based on the proprietary ETFGsm Quant Model. The first three in the series of ETF indices include:
ETFGsm 500 (Symbol: ETFG500 Index): The ETFGsm 500 is a market capitalization weighted index comprised of the 500 largest US Listed ETPs, as ranked by market capitalization, excluding all levered and inverse products. The ETFGsm 500 representing the universe of ETFs crosses asset classes and regions and is rebalanced quarterly and reconstituted annually.
"The ETFGsm Golden Dozen" (Symbol: ETFGQE12 Index): The ETFGsm Golden Dozen is comprised of the top 12 equity ETFs as ranked by the ETFGsm Quant model prior to trading on the third Friday of each month. The selection pool includes all U.S. listed, equity ETFs, excluding levered and inverse funds as well as those funds with average daily trading value of less than $5M. The portfolio is equally weighted and reconstitutes monthly on the second trading day following selection.
ETFGsm Quant Equity 10 (Symbol: ETFGQE10 Index): The ETFGsm Quant Equity 10 is comprised of the top 10 equity ETFs, as ranked by the ETFGsm Quant model, prior to trading on the third Friday of each month. The selection pool includes all U.S. listed, equity ETFs excluding levered and inverse funds. The portfolio is equally weighted and rebalances monthly on the second trading day following selection.
"We are incredibly excited about this new era of indexing with the ETFGsm Series of ETF Indices," said Dan Hickey, member of the Research Policy Committee at ETF Global. "Our Benchmark Indices are a direct response to institutional clients who manage ETF Portfolios and desire an appropriate ETF benchmark that, like their portfolios, crosses asset classes and regions. Our initial Dynamic Indices represent an opportunity to access the ETFGsm Quant Model in the burgeoning smart beta space."
About ETF Global: ETF Global (ETFGsm) is a leading provider of investment decision support applications, proprietary risk analytics and educational offerings to a diverse, worldwide client base. While ETF Global specializes in Exchange-Traded-Funds (ETFs), the company's broad suite of products and services addresses the spectrum of asset classes throughout the investment arena. The ETFGsm platform supports the investment process with a variety of strategies to pursue return, manage risk, utilize investment analysis and generate investment ideas. Founded in 2011, the firm is headquartered in New York and maintains offices in New York City and Pittsburgh, PA. For more information about ETF Global and the services and products available, please visit www.etfg.com.
The ETFGsm Quant Model: The universe of equity ETFs reviewed by ETFGsm Quant represents the broadest range of industry groups, sectors and geographic regions. The ETFGsm Quant model assigns a daily ranking to all relevant products using proprietary algorithms and employing dozens of industry metrics to gauge how likely an equity ETF will outperform the market in the foreseeable future. ETFGsm Quant has four primary drivers within the model: Behavioral Finance (Technical Analysis & Sentiment), Fundamental Analysis, Global Themes and Quality. For detailed information regarding the ETFGsm Quant Model, please review the ETFGsm Quant White Paper at (www.etfg.com/quant-white-paper)
Organizations that would like to take advantage of our offer for complimentary publishing of the ETFGsm Series of Indices, please contact us at email@example.com.
SOURCE ETF Global