HBS Quality Growth Global Index
The Index reflects the performance of a virtual investment managed on the basis of a Strategy. This Strategy is determined by the Index Sponsor and the Index Sponsor is solely responsible for it.
The Strategy of the Index Sponsor combines a top-down and a bottom-up approach by selecting shares or ETFs to build an Index of high quality worldwide companies offering a long term sustainable growth.The top-down aproach applies tactical asset allocation that reflects the macroeconomic view of the Index Sponsor and identifies the long-term secular trends. The bottom-up approach is based on a fundamentals analysis to identify undervalued companies with significant sustainable competitive advantages within the long term secular themes.
The Strategy includes an additional overlay approach. The Index Sponsor can tactically select options and futures to generate additional alpha, reduce volatility and protect the value of the Index. These types of financial derivative instruments can only be used for hedging purpose.