Performance & Volatility
Last valuation date : 18-04-2019
Risk / Return from 05-01-2000
All information for an index prior to its Inception Date is back-tested, based on the methodology that was in effect on the Inception Date. Back-tested performance, which is hypothetical and not actual performance, is subject to inherent limitations because it reflects application of an Index methodology and selection of index constituents in hindsight. No theoretical approach can take into account all of the factors in the markets in general and the impact of decisions that might have been made during the actual operation of an index. Actual returns may differ from, and be lower than, back-tested returns.
The key elements of the index methodology are available upon demand.
The NXS Optimum World Index is a dynamic strategy index exposed to financial markets via a basket composed of liquid worldwide stocks, weighted in order to minimize the portfolio variance.
The aim of the index is to capture the potential of upside return of a worldwide equity exposure with a monitored risk level.
Based on a worldwide stock selection, the stocks composing NXS Optimum World index are filtered according to liquidity and capitalisation criteria. Stock weights are determined according to a risk management model that reduces overall portfolio variance.
Country exposure cannot exceed 50% and the sector exposure is between 5% and 25% (ICB classification). The composition of the index is reviewed annually.
The screening methodology of the NXS Optimum World index allows the index to target low volatile stocks .
The strategy also seeks to avoid sector bias by adding a sector diversification constraint.