The Index represents a portfolio of the S&P BRIC 40 plus a liquid bond index. Positions are dynamically rebalanced to maintain target volatility. Volatility is calculated as a function of historical returns. Short and long-term volatility measures are used to deleverage but also to increase exposure more gradually when volatility decreases.
Top 10 Constituents by Index WeightExport
*Based on GICS sectors
The weightings for each sector of the index are rounded to the nearest tenth of a percent, therefore, the aggregate weights for the index may not equal to 100%.
*Based on GICS Sectors