TOBAM manages a family of nine indices – the TOBAM Maximum Diversification® Index Series. The index series seeks to maximize a mathematical definition of diversification, the Diversification Ratio®, to provide institutional investors with the most diversified portfolio possible in any given stock universe across global and domestic markets.
Based on original research from TOBAM, the TOBAM Maximum Diversification® Index Series helps investors to avoid portfolio concentration. Constituents are weighted so that each effective risk factor contributes equally to the risk of the portfolio, as opposed to a market capitalization weighted basis.
The index series initially consists of the 6 regional indices:
And the following 3 single-country indices:
Grounds rules and technical documents are available upon request.
The TOBAM Maximum Diversification® Index Series are calculated and published by FTSE and distributed by TOBAM.
For more information, please contact TOBAM at firstname.lastname@example.org