EBT US Equity
|
Our funds are not a regulated offer under the Financial Markets Conduct Act 2013. Our website and funds are only for wholesale investors. Retail investors cannot apply, and we are not seeking money from them. If we do make a retail offer we will do so in accordance with the Act.
|
EBT US Equity
Fund Strategy
EBT US Equity seeks results that correspond to the S&P 500® Index, which measures the performance of the large-capitalisation sector of the US equity market.
Benchmark
The Fund's benchmark, the S&P 500, is one of the most recognised and utilised indices in the financial markets. The index represents 80% of the US equity market capitalisation and 40% of global equity market capitalisation. The S&P 500 has 500 companies with geographically diverse revenue (approximately 45% outside USA) operating across all major industry sectors.
Portfolio Investments
The Fund invests in three passive Exchange Traded Funds (ETFs) that seek to replicate the benchmark. The Fund also invests in currency contracts to target fully hedging to the NZD.
Diversification & Liquidity
The Fund diversifies its investment across ETFs managed by BlackRock, StateStreet and Vanguard. The ETFs have liquidity of between approximately $390 million and $15 billion traded each day (on average over the last three months as of 2/10/17).
Fund Strategy
EBT US Equity seeks results that correspond to the S&P 500® Index, which measures the performance of the large-capitalisation sector of the US equity market.
Benchmark
The Fund's benchmark, the S&P 500, is one of the most recognised and utilised indices in the financial markets. The index represents 80% of the US equity market capitalisation and 40% of global equity market capitalisation. The S&P 500 has 500 companies with geographically diverse revenue (approximately 45% outside USA) operating across all major industry sectors.
Portfolio Investments
The Fund invests in three passive Exchange Traded Funds (ETFs) that seek to replicate the benchmark. The Fund also invests in currency contracts to target fully hedging to the NZD.
Diversification & Liquidity
The Fund diversifies its investment across ETFs managed by BlackRock, StateStreet and Vanguard. The ETFs have liquidity of between approximately $390 million and $15 billion traded each day (on average over the last three months as of 2/10/17).
* BACKTESTING DISCLAIMER These are not actual returns. These are hypothetical returns based on a number of assumptions. Our objective is to show the investor experience in our portfolios compared to the returns of the benchmarks (hedged to the NZD). The Portfolio illustrative returns include the costs of EBT’s 50 bps annual management fee and 1.34 bps for trading commissions. We have made our best efforts to have our backtesting scenario results reflect our assumptions and factors. More detail on our backtesting assumptions can be found on our website at https://www.ebtcapital.com/terms--conditions.html.