ISF Multi Asset Index (EUR)


Datum der letzten Berechnung: 27.01.20
Indexwert: 104.9000
Monatsverlauf: 3.66 %
Jahresverlauf: 3.66 %

The objective of the Index is to reflect the performance an investor can achieve by regularly investing in the asset class which experienced the best trailing 12-month total return performance out of all available asset classes. In addition, the Index aims to control the volatility of each asset class (except cash) by dynamically allocating between cash and the relevant asset class to target a 60-day annualized volatility of approximately 15.0%.

Aktuelle Zusammensetzung

Index Umschichtungen

Hintergrundinformationen

Universe of Index Components

Funds in the sectors of equities, real estate, commodities, fixed income and a EUR cash fund.

Index Components and their selection

Each Index Component must fulfil the following selection criteria to be eligible for inclusion in the Index. The relevant Index Component must:
(i) have a price that is set regularly and publicly accessible;
(ii) be approved by FINMA for public distribution in Switzerland;
(iii) be denominated in EUR, USD, CHF, GBP;
(iv) have assets under management at the time of inclusion in the Index in excess of 150 million CHF or the equivalent in its relevant currency in which it is denominated; and
(v) be similar in the investment theme (e.g. MSCI World cannot be replaced by MSCI Germany).

The Index Component Selection Criteria are required to be fulfilled at the time of inclusion of the relevant Index Component in the Index. However, fulfilment of the Index Component Selection Criteria will not be monitored on an ongoing basis following such inclusion.

The selection of Index Components is static and except for circumstances as described in these Index Guidelines, is not planned to change.

Allocation of Index Components

The Index represents a multi asset strategy replicating investments in the asset classes cash, equities, commodities, fixed income and real estate. Each asset class is represented by a fund as outlined in the table below as of the Index Start Date ((considered static but subject to changes as per Index Guidelines)

Asset Class      -     Fund ISIN
Cash                 -      LU1190417599
Equities            -      IE00BYM11H29
Commodities    -      CH0106027193
Fixed Income   -      US4642874402
Real Estate      -      CH0014420878

Part of the Index exposure may be rebalanced on a monthly basis using the trailing 12-month gross total return for each asset class (momentum filter)

Volatility targeting is achieved by dynamically reducing (increasing) exposure to the respective asset class by increasing (reducing) the asset class cash in case of high (low) level of the 60-Days Volatility of the observed asset class. For the avoidance of doubt, no leverage will be created in the Index.

Monthly Rebalancing
Rebalancing Determination Date: 13th Day of every month.

Each Bucket has annual Rebalancing Dates on which the Bucket reallocates 100.0% in the asset class with best trailing 12-month gross total return performance. The difference between each of the twelve Buckets is that Rebalancing Determination Dates and Rebalancing Dates are offset by one month.

In case a Period Start Date / Period End Date is not a Business Day, the previous Business Day will be considered.

Daily Rebalancing
Volatility targeting is done daily for each Bucket and in a similar fashion as described under Monthly Rebalancing with a weight tolerance of 10%. It should be noted however, that this only applies to asset classes equities, real estate, commodities and fixed income.

Events
Type Date Note Value
Monthly Rebalance Cannabis Total Opportunity Index 13.12.2019
Monthly Rebalance Cannabis Total Opportunity Index 13.01.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.02.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.03.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.04.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.05.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.06.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.07.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.08.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.09.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.10.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.11.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.12.2020
Monthly Rebalance Cannabis Total Opportunity Index 13.01.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.02.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.03.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.04.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.05.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.06.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.07.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.08.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.09.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.10.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.11.2021
Monthly Rebalance Cannabis Total Opportunity Index 13.12.2021
Stammdaten & Dokumente
Identifier: DE000A26RSH1 WKN: A26RSH
Bloomberg Ticker: LIXXMAEU Index Sponsor: ISF Institut Deutsch-Schweizer Finanzdienstleistungen GmbH