The International Securities Exchange (ISE) and SecuredGrowth Quantitative Research (SGQR) have formed a partnership to develop and promote indices that combine the performance of popular exchange-traded products with the proprietary SecuredGrowth process.
The SGQR SPY SecuredGrowth Index, the first index established through the partnership, adds a systematic yield from a unique methodology that includes a portfolio of investment grade domestic corporate bonds and US government-issued treasury and agency notes overlaid upon the SPDR S&P 500 ETF.
“As ISE ETF Ventures continues to grow, our partnership with SecuredGrowth is a prime example of taking part in bringing unique indexes to market,” says Kris Monaco, head of ISE ETF Ventures. “Their fixed income overlay concept can now be packaged into a single index with the world’s most popular ETFs, allowing investors an innovative enhancement to their existing strategies.”
“The SecuredGrowth process was designed to improve the returns of an investment in any asset class across multi-year market cycles without increasing volatility,” says Matthew Sutherland, SGQR’s founder and chief executive officer. “We are delighted to be partnering with ISE in our effort to introduce SGQR’s pioneering SecuredGrowth solution to the market place.”
This partnership combines ISE’s business development, marketing and extensive network and experience in the index and ETF business with SGQR’s proprietary research and thought leadership on systematic methodologies.
Interactive Data is calculating intra-day index values for this new series of indices.
“We are pleased to serve as the calculation agent for these new indices,” says Erin Heise, senior director for Interactive Data. “Our expertise in performing index calculations, along with our delivery of independent evaluated pricing for fixed income securities, enables us to deliver critical intra-day information on indices spanning a wide range of asset classes.”
