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S-Network Global Indexes Launches New REIT Dividend Dogs Index (RDOGX)

  • January 06, 2020
  • S-Network Global Indexes

New Equal Weighted Methodology Is Designed to Optimize Yield and Minimize Certain Risks

New York, NY (January 6, 2020) — S-Network Global Indexes Inc. (SNET) today announced the launch of a new index that provides exposure to the five REITs with the highest indicated yields in each of nine REIT segments. The index has been licensed by ALPS Advisors, Inc. to serve as the underlying for a new ETF (Ticker: RDOG).

Said SNET CEO Joseph LaCorte, "Yield is the name of the game and this index is designed to provide it."

RDOGX has a current trailing-12-month yield of 6.21% and applies the "Dogs of the Dow Theory" to the REIT segments. Index constituents are derived from the benchmark S-Network Composite US REIT Index (SNREIT) and are equally weighted. Mortgage REITs are excluded from the index to diminish interest rate sensitivity.

To further minimize risk, a quality screen is applied that ensures that only REITs whose funds from operations per share are greater than their trailing twelve-month dividends per share are allowed into the index.

Importantly, the index provides exposure to Technology REITs, which invest in wireless towers and data centers, and is one of the fastest-growing REIT segments.

Said S-Network Head of Index Operations Patrick Shaddow, "We did a careful examination of the REIT market with an eye toward eliminating some of the outsized risks, including risks associated with changes taking place in the retail environment."

Rule Change for Victory Volatility Weighted BRI Indexes

  • January 03, 2020
  • S-Network Global Indexes

New York, NY, 3 January 2020 — Victory Capital today announced the addition of the following rule to their Victory Volatility Weighted BRI Index Methodology:

[The securities of publicly traded securities issued by the adviser, subadviser and affiliated persons thereof] are ineligible for inclusion in any of the above indices in order to comply with Rule 12d3-1 under the Investment Company Act of 1940 (“1940 Act”) and general affiliated transaction provisions of the 1940 Act

The Victory Volatility Weighted BRI Indexes are tracked by the following exchange-traded funds:

  • Timothy Plan High Dividend Stock ETF (TPHD)
  • Timothy Plan US Large Cap Core ETF (TPLC)
  • Timothy Plan US Small Cap Core ETF (TPSC)
  • Timothy Plan International ETF (TPIF)

More information can be found at snetworkglobalindexes.com.

20 Additions and 23 Deletions in S-Network Quality Sector Dividend Dog Index Annual Reconstitution

  • December 19, 2019
  • S-Network Global Indexes

New York, NY, Thursday, December 19, 2019 — The S-Network Quality Sector Dividend Dog IndexSM (TICKER: SNQDIV) will add 20 constituents and drop 23 constituents in its annual reconstitution, effective 6:00 PM (ET) Sunday, December 22, 2019, changing the number of index components to 46.

The additions to SNQDIV are: Tegna Inc (TICKER: TGNA US), Kohl's Corp (TICKER: KSS US), Tapestry, Inc (TICKER: TPR US), Philip Morris International (TICKER: PM US), Molson Coors Brewing Co B (TICKER: TAP US), General Mills Inc (TICKER: GIS US), Marathon Petroleum Corp. (TICKER: MPC US), Halliburton Co (TICKER: HAL US), People's United Financial Inc (TICKER: PBCT US), Huntington Bancshares (OH) (TICKER: HBAN US), Merck & Co Inc (TICKER: MRK US), Msc Industrial Direct A (TICKER: MSM US), nVent Electric PLC (TICKER: NVT US), HP Inc (TICKER: HPQ US), Cisco Systems Inc (TICKER: CSCO US), Western Union Co (TICKER: WU US), Nucor Corp (TICKER: NUE US), Sonoco Products Co (TICKER: SON US), Steel Dynamics Inc (TICKER: STLD US), NRG Energy (TICKER: NRG US).

The deletions from SNQDIV are: Hanesbrands Inc (TICKER: HBI US), Leggett & Platt (TICKER: LEG US), Altria Group Inc (TICKER: MO US), Kellogg Co (TICKER: K US), Kimberly-Clark (TICKER: KMB US), Exxon Mobil Corp (TICKER: XOM US), Phillips 66 (TICKER: PSX US), Invesco Ltd (TICKER: IVZ US), Umpqua Hldgs Corp (TICKER: UMPQ US), Gilead Sciences Inc (TICKER: GILD US), Emerson Electric Co (TICKER: EMR US), Johnson Controls International plc (TICKER: JCI US), Western Digital Corp (TICKER: WDC US), Broadcom Inc (TICKER: AVGO US), Cypress Semiconductor Corp (TICKER: CY US), The Chemours Company (TICKER: CC US), Olin Corp (TICKER: OLN US), Huntsman Corp (TICKER: HUN US), Consolidated Edison Inc (TICKER: ED US), Exelon Corp (TICKER: EXC US), Black Hills Corp (TICKER: BKH US), Ugi Corp (TICKER: UGI US), Idacorp Inc (TICKER: IDA US).

The S-Network Quality Sector Dividend Dogs Index (SNQDIV) comprises five stocks in each of 10 GICS Sectors (excluding Real Estate) from the S-Network US Equity Large/Mid-Cap 1000 Index (SN1000) selected for high dividend yield and high ratio of free cash flow to debt. The index reconstitutes each December and rebalances quarterly. SNQDIV excludes pass-through securities.

 

SNQDIV is rules based and fully transparent, employing a methodology that weights all 50 index constituents equally. Information about the index can be found at snetworkglobalindexes.com.

 

Index: S-Network Quality Sector Dividend Dogs Price Index                     TICKER: SNQDIV

 

Index: S-Network Quality Sector Dividend Dogs Total Return Index          TICKER: SNQDIVT

Four Additions and Three Deletions in S-Network Floating Rate Fund Index Annual Reconstitution

  • December 16, 2019
  • S-Network Global Indexes

New York, NY, Monday, December 16, 2019 — The S-Network Floating Rate Fund IndexSM (TICKER: SNFLX) will add four constituents and drop three constituents in its annual reconstitution, effective 6:00 PM (ET) Sunday, December 22, 2019, changing the number of index components to 27.

The additions to SNFLX are: HARTFORD FLOATING RATE HI-Y (TICKER: HFHYX US), T ROWE PR INST FLOAT RT (TICKER: RPIFX US), VICTORY FLOATING RATE-Y (TICKER: RSFYX US), XTRACKERS USD HIGH YIELD COR (TICKER: HYLB US).

The deletions from SNFLX are: HIGHLAND/IBOXX SENIOR LOAN E (TICKER: SNLN US), PF FLOATING RATE INCOME-I (TICKER: PLFRX US), SPDR BBG BARC ST HIGH YIELD (TICKER: SJNK US).

More information can be found at snetworkglobalindexes.com.

 

Index: S-Network Floating Rate Fund Index TICKER: SNFLX

 

Index: S-Network Floating Rate Fund Total Return Index TICKER: SNFLXTR

19 Additions and 13 Deletions in S-Network Tech Target Index Semi-Annual Reconstitution

  • December 13, 2019
  • S-Network Global Indexes

New York, NY, Friday, December 13, 2019 — The S-Network Tech Target IndexSM (TICKER: SNTECH) will add 19 constituents and drop 13 constituents in its semi-annual reconstitution, effective 6:00 PM (ET) Sunday, December 22, 2019, changing the number of index components to 96.

The additions to SNTECH are: Alliance Data Systems Corp (TICKER: ADS US), PIVOTAL SOFTWARE INC - CL A (TICKER: PVTL US), New Relic Inc (TICKER: NEWR US), Tripadvisor Inc. A (TICKER: TRIP US), Grubhub Inc (TICKER: GRUB US), Qurate Retail Inc-A (TICKER: QRTEA US), ANGI Homeservices Inc. A (TICKER: ANGI US), PLURALSIGHT INC - A (TICKER: PS US), VERRA MOBILITY CORP (TICKER: VRRM US), Ping Identity Holding Corp. (TICKER: PING US), SciPlay Corp - A (TICKER: SCPL US), EverQuote, Inc. (TICKER: EVER US), Cass Information Systems Inc (TICKER: CASS US), Agilysys Inc (TICKER: AGYS US), Cerence Inc (TICKER: CRNC US), International Money Express Inc (TICKER: IMXI US), SHOTSPOTTER INC (TICKER: SSTI US), Telenav Inc (TICKER: TNAV US), Synchronoss Technologies (TICKER: SNCR US).

The deletions from SNTECH are: SolarWinds Corp. (TICKER: SWI US), Globant Sa (TICKER: GLOB US), STITCH FIX INC-CLASS A (TICKER: SFIX US), Bottomline Technologies Inc (TICKER: EPAY US), Alarm.Com Holdings  Inc. (TICKER: ALRM US), 2U Inc (TICKER: TWOU US), Conduent Inc (TICKER: CNDT US), AVAYA HOLDINGS CORP (TICKER: AVYA US), Limelight Networks. Inc (TICKER: LLNW US), Lands' End Inc (TICKER: LE US), Egain Corporation (TICKER: EGAN US), Instructure Inc (TICKER: INST US), Carbonite Inc (TICKER: CARB US).

SNTECH is a portfolio of small-cap stocks classified in several key GICS Sub-Industries relating to technology that pass screens for liquidity, net sales and sustainable cash burn rates.

 

SNTECH is rules based and fully transparent. More information can be found at snetworkglobalindexes.com.

 

Index: S-Network Tech Target Index                               TICKER: SNTECH

 

Index: S-Network Tech Target Total Return Index           TICKER: SNTECHT

FolioBeyond and S-Network Launch New Fixed Income Index Model on SMArtX

  • December 11, 2019
  • S-Network Global Indexes

December 11, 2019 (New York, NY) — FolioBeyond and S-Network Global Indexes have partnered on a new Fixed Income index that is now available for direct investment on the Turnkey Asset Management Platform (TAMP) of SMArtX Advisory Solutions.

The S-Network FolioBeyond Optimized Fixed Income Index is comprised of best-of-breed Fixed Income Exchange Traded Funds (“ETFs”) representing 23 discrete sub-sectors spanning most liquid Fixed Income market sectors further defined by credit risk and duration. The Index provides a dynamically adjusted ETF portfolio that enhances returns in comparison to the Bloomberg Barclays U.S. Aggregate Bond Index (“AGG”).

“We are excited to launch our advanced factor-based approach to Fixed Income portfolio management on SMArtX utilizing ETFs,” said Yung Lim, CEO at FolioBeyond. “By using a proprietary optimization approach that captures the major drivers of Fixed Income risk and return attributes, we are able to offer a superior automated asset allocation solution that has not been available to Fixed Income investors until now. The strategy aims to deliver asset allocation alpha systematically by dynamically rebalancing the portfolio based on changing value and risk relationships.”

“We believe the sophistication and scalability of this strategy offers a competitive edge over current Fixed Income direct index offerings,” said Joseph LaCorte, CEO of S-Network.

S-Network currently offers 22 direct index strategies, covering a wide range of investment strategies including benchmark, thematic, smart beta and socially responsible indexes on the SMArtX platform. This latest addition is the first index in the lineup that provides exposure to Fixed Income ETFs.


About FolioBeyond

FolioBeyond employs a disciplined approach utilizing sophisticated algorithms to create optimal portfolios for core Equity and Fixed Income strategies, as well as more tactical Equity and customized Fixed Income portfolio allocations. We emphasize Factor-based and Volatility-weighted methodologies for Equities and a comprehensive Factor-based optimization model for Fixed Income. For more information, visit www.foliobeyond.com.

About S-Network Global Indexes
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 2006, S-Network publishes over 300 indexes, which serve as the underlying portfolios for financial products with over USD 7 billion in assets under management.  S-Network is dedicated to developing indexes that define, isolate and measure the performance of discrete segments of the new global economy on a rules-based, transparent basis.  For more information, visit www.snetworkglobalindexes.com.

About SMArtX Advisory Solutions

SMArtX Advisory Solutions is the next generation managed accounts technology provider and manages SMArtX, a turnkey asset management platform and the only platform to seamlessly offer traditional, alternative, and passive direct index strategies in a unified managed account structure. The firm also uses its proprietary trading and managed accounts technology to power SS&C Advent’s integrated unified managed account solution. (www.smartxadvisory.com)

Two Additions and Four Deletions in Stowe Global Coal Index Annual Reconstitution

  • December 11, 2019
  • S-Network Global Indexes

New York, NY, Wednesday, December 11, 2019 — The Stowe Global Coal IndexSM (TICKER: COAL) will add two constituents and drop four constituents in its annual reconstitution, effective 6:00 PM (ET) Sunday, December 22, 2019, changing the number of index components to 22.

The additions to COAL are: Bushveld Minerals Ltd (TICKER: BMN LN), Baotailong New Materials C-A (TICKER: 601011 CH).

The deletions from COAL are: Sherritt International Corp (TICKER: S CN), E-Commodities Holdings Ltd (TICKER: 1733 HK), Nippon Coke & Engineering Co (TICKER: 3315 JP), Freightcar America Inc (TICKER: RAIL US).

A complete list of constituents and weights will be posted on the Stowe Global Coal IndexSM website (snetworkglobalindexes.com) as of the effective date.


The Stowe Global Coal Index is a capitalization-weighted, float-adjusted index of the most prominent coal stocks in the world. To be included in the COAL index, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.

 

Detailed information, including constituent data, rules and price information, on the Stowe Global Coal IndexSM is available at snetworkglobalindexes.com. Data is also available through most vendors of financial data.

 

Index: Stowe Global Coal IndexSM (USD)TICKER: COAL

 

Index: Stowe Global Coal IndexSM (EUR) TICKER: COALE

One Addition and One Deletion in S-Network Developed International Dividend Index Quarterly Rebalancing

  • December 11, 2019
  • S-Network Global Indexes

New York, NY, Wednesday, December 11, 2019 — The S-Network Developed International Dividend IndexSM (TICKER: SNIDIV) will add one constituent and drop one constituent in its quarterly rebalancing, effective 6:00 PM (ET) Sunday, December 22, 2019, maintaining the number of index components at 100.

The addition to SNIDIV is: Sonic Healthcare Ltd (TICKER: SHL AU).

The deletion from SNIDIV is: Mitsubishi Tanabe Pharma Corp (TICKER: 4508 JP).

More information can be found at snetworkglobalindexes.com.

 

Index: S-Network International Dividend Price Index TICKER: SNIDIV

 

Index: S-Network International Dividend Total Return Index TICKER: SNIDIVTR

Nine Additions and Three Deletions in S-Network Global Gaming Index Annual Reconstitution

  • December 11, 2019
  • S-Network Global Indexes

New York, NY, Wednesday, December 11, 2019 — The S-Network Global Gaming IndexSM (TICKER: WAGR) will add nine constituents and drop three constituents in its annual reconstitution, effective 6:00 PM (ET) Sunday, December 22, 2019, changing the number of index components to 58.

The additions to WAGR are: Paddy Power Betfair Plc (TICKER: PPB LN), Jumbo Interactive Ltd. (TICKER: JIN AU), GAMENET GROUP SPA (TICKER: GAME IM), Kambi Group Plc (TICKER: KAMBI SS), Leovegas Ab (TICKER: LEO SS), Golden Entertainment Inc (TICKER: GDEN US), PLAYAGS INC (TICKER: AGS US), PointsBet Holdings Ltd. (TICKER: PBH AU), Twin River Worldwide Holdings, Inc. (TICKER: TUFN US).

The deletions from WAGR are: Sun International Ltd (TICKER: SUI SJ), Paddy Power Betfair Plc (TICKER: PPB ID), Studio City International Holdings Ltd. (TICKER: MSC US).

The S-Network Global Gaming IndexSM is a capitalization-weighted, float-adjusted index of the most prominent gaming stocks in the world. To be included in WAGR, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.

 

More information on the S-Network Global Gaming Index is available at snetworkglobalindexes.com. Data is also available through most vendors of financial data.

 

Index: S-Network Global Gaming IndexSM (USD) TICKER: WAGR

 

Index: S-Network Global Gaming IndexSM (EUR) TICKER: WAGRE

One Addition and Eight Deletions in S-Network Nuclear Energy Index Annual Reconstitution

  • December 11, 2019
  • S-Network Global Indexes

New York, NY, Wednesday, December 11, 2019 — The S-Network Nuclear Energy IndexSM (TICKER: WNAI) will add one constituent and drop eight constituents in its annual reconstitution, effective 6:00 PM (ET) Sunday, December 22, 2019, changing the number of index components to 44.

The addition to WNAI is: Serco Group Plc (TICKER: SRP LN).

The deletions from WNAI are: Mcdermott Intl Inc (TICKER: MDR US), Toyo Engineering Corp (TICKER: 6330 JP), Rwe Ag (TICKER: RWE GR), E.On Se (TICKER: EOAN GR), Larsen & Toubro-Gdr Reg S (TICKER: LTOD LI), Sgl Carbon Se (TICKER: SGL GR), Denison Mines Corp (TICKER: DML CN), NexGen Energy Ltd (TICKER: NXE CT).

 

The S-Network Nuclear Energy IndexSM is a capitalization-weighted, float-adjusted index of the most prominent nuclear energy stocks in the world. To be included in the WNAI index, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.

  

More information on the S-Network Nuclear Energy IndexSM is available at snetworkglobalindexes.com. Data is also available through most vendors of financial data.

 

Index: S-Network Nuclear Energy IndexSM (USD) TICKER: WNAI

 

Index: S-Network Nuclear Energy IndexSM (EUR) TICKER: WNAIE

Three Additions and Three Deletions in S-Network Global Automotive Index Semi-Annual Reconstitution

  • December 11, 2019
  • S-Network Global Indexes

New York, NY, Wednesday, December 11, 2019 — The S-Network Global Automotive IndexSM (TICKER: AUTOS) will add three constituents and drop three constituents in its semi-annual reconstitution, effective 6:00 PM (ET) Sunday, December 22, 2019, maintaining the number of index components at 50.

The additions to AUTOS are: Honda Motor Co (TICKER: 7267 JP), Fiat Chrysler Automobiles Nv (TICKER: FCAM IX), Faurecia (TICKER: EO FP).

The deletions from AUTOS are: Honda Motor Co Ltd-Spons Adr (TICKER: HMC US), Fiat Chrysler Automobiles Nv (TICKER: FCAU US), Brilliance China Automotive (TICKER: 1114 HK).

A complete list of constituents and weights will be posted on the S-Network Global Automotive IndexSM website (snetworkglobalindexes.com) as of the effective date.

 

The S-Network Global Automotive IndexSM is a capitalization-weighted, float-adjusted index of the most prominent automotive stocks in the world. To be included in the AUTOS index, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.

 

Detailed information, including constituent data, rules and price information, on the S-Network Global Automotive IndexSM is available at www.snetautoindex.com. Data is also available through most vendors of financial data.

 

Index: S-Network Global Automotive IndexSM (USD) TICKER: AUTOS

One Addition and One Deletion in S-Network ADR Dividend Dogs Index Quarterly Rebalancing

  • December 11, 2019
  • S-Network Global Indexes

New York, NY, Wednesday, December 11, 2019 — The S-Network ADR Dividend Dogs IndexSM (TICKER: SNADRX) will add one constituent and drop one constituent in its quarterly rebalancing, effective 6:00 PM (ET) Sunday, December 22, 2019, maintaining the number of index components at 50.

The addition to SNADRX is: Coca-Cola Femsa Sab-Sp Adr (TICKER: KOF US).

The deletion from SNADRX is: J. Sainsbury Plc-Spons Adr (TICKER: JSAIY US).

The S-Network ADR Dividend Dogs Index (SNADRX) is a portfolio of stocks derived from the S-Network Global Depositary Receipt Index (SNGDRX). The SNADRX methodology selects the five stocks in each of 10 of the GICS sectors that make up SNGDRX which offer the highest dividend yields as of the last trading day of May.

 

SNGDRX is rules based and fully transparent, employing a methodology that weights all 50 index constituents equally.

 

Index: S-Network ADR Dividend Dogs Index                               TICKER: SNADRX

 

Index: S-Network ADR Dividend Dogs Total Return Index            TICKER: SNADRXT