Based on original research from TOBAM, the MAXDIV® range of indices helps investors to avoid portfolio concentration. Constituents are weighted so that each effective risk factor contributes in a balanced manner to the risk of the portfolio, as opposed to a market capitalization weighted basis.
Indices are based on the Maximum Diversification® approach, constrained to fit the requirements of replication.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDWXNATU Index
Calculating Agent : Solactive
Base Date : 2001-10-31
Launch Date : 2011-11-17
Base Currency : USD
Calculation Frequency : Daily
Level : 7006.09
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
0.58% |
10.87% |
15.70% |
0.58% |
13.43% |
13.92% |
59.40% |
586.94% |
Volatility |
9.98% |
11.34% |
11.77% |
9.98% |
19.47% |
13.81% |
12.70% |
12.99% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 698
Max. Market Cap : 339.808 Billion USD
Min. Market Cap : 1.999 Billion USD
Avg. Market Cap : 41.583 Billion USD
Median Market Cap : 19.534 Billion USD
Top Constituents
Name |
|
1. |
NEXON CO LTD |
2. |
OCADO GROUP PLC |
3. |
JARDINE MATHESON HLDGS LTD |
4. |
NESTE OIL OYJ |
5. |
NESTLE SA-REG |
6. |
HELLOFRESH SE |
7. |
ROCHE HOLDING AG-GENUSSCHEIN |
8. |
KERRY GROUP PLC-A |
9. |
FORTESCUE METALS GROUP LTD |
10. |
PANDORA A/S |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDWXNAPU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : USD
Calculation Frequency : Daily
Level : 4497.17
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
0.58% |
10.65% |
14.89% |
0.58% |
10.98% |
5.64% |
41.35% |
349.72% |
Volatility |
9.97% |
11.33% |
11.77% |
9.97% |
19.48% |
13.81% |
12.70% |
13.10% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 698
Max. Market Cap : 339.808 Billion USD
Min. Market Cap : 1.999 Billion USD
Avg. Market Cap : 41.583 Billion USD
Median Market Cap : 19.534 Billion USD
Top Constituents
Name |
|
1. |
NEXON CO LTD |
2. |
OCADO GROUP PLC |
3. |
JARDINE MATHESON HLDGS LTD |
4. |
NESTE OIL OYJ |
5. |
NESTLE SA-REG |
6. |
HELLOFRESH SE |
7. |
ROCHE HOLDING AG-GENUSSCHEIN |
8. |
KERRY GROUP PLC-A |
9. |
FORTESCUE METALS GROUP LTD |
10. |
PANDORA A/S |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDWXNACC Index
Calculating Agent : Solactive
Base Date : 2018-07-12
Launch Date : 2018-07-12
Base Currency : CAD
Calculation Frequency : Daily
Level : 1752.77
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
0.73% |
6.75% |
8.99% |
0.73% |
10.69% |
- |
- |
15.58% |
Volatility |
5.78% |
8.82% |
9.30% |
5.78% |
16.32% |
- |
- |
12.09% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 698
Max. Market Cap : 432.915 Billion CAD
Min. Market Cap : 2.546 Billion CAD
Avg. Market Cap : 52.977 Billion CAD
Median Market Cap : 24.886 Billion CAD
Top Constituents
Name |
|
1. |
NEXON CO LTD |
2. |
OCADO GROUP PLC |
3. |
JARDINE MATHESON HLDGS LTD |
4. |
NESTE OIL OYJ |
5. |
NESTLE SA-REG |
6. |
HELLOFRESH SE |
7. |
ROCHE HOLDING AG-GENUSSCHEIN |
8. |
KERRY GROUP PLC-A |
9. |
FORTESCUE METALS GROUP LTD |
10. |
PANDORA A/S |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDAWDTU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : USD
Calculation Frequency : Daily
Level : 7402.23
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.41% |
9.17% |
15.99% |
1.41% |
17.09% |
30.05% |
86.48% |
640.22% |
Volatility |
8.56% |
11.75% |
12.16% |
8.56% |
23.71% |
15.96% |
13.50% |
12.38% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 907
Max. Market Cap : 2,255.969 Billion USD
Min. Market Cap : 2.186 Billion USD
Avg. Market Cap : 124.296 Billion USD
Median Market Cap : 40.51 Billion USD
Top Constituents
Name |
|
1. |
SNAP INC - A |
2. |
APPLE INC |
3. |
AMAZON.COM INC |
4. |
ROKU INC |
5. |
NEWMONT CORP |
6. |
FACEBOOK INC-A |
7. |
ZOOM VIDEO COMMUNICATIONS-A |
8. |
MODERNA INC |
9. |
DOCUSIGN INC |
10. |
TELADOC INC |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDAWDPU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : USD
Calculation Frequency : Daily
Level : 5169.42
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.37% |
8.87% |
15.23% |
1.37% |
14.91% |
22.10% |
68.61% |
416.94% |
Volatility |
8.51% |
11.74% |
12.15% |
8.51% |
23.71% |
15.96% |
13.50% |
12.38% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 907
Max. Market Cap : 2,255.969 Billion USD
Min. Market Cap : 2.186 Billion USD
Avg. Market Cap : 124.296 Billion USD
Median Market Cap : 40.51 Billion USD
Top Constituents
Name |
|
1. |
SNAP INC - A |
2. |
APPLE INC |
3. |
AMAZON.COM INC |
4. |
ROKU INC |
5. |
NEWMONT CORP |
6. |
FACEBOOK INC-A |
7. |
ZOOM VIDEO COMMUNICATIONS-A |
8. |
MODERNA INC |
9. |
DOCUSIGN INC |
10. |
TELADOC INC |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDAWDCC Index
Calculating Agent : Solactive
Base Date : 2018-07-12
Launch Date : 2018-07-12
Base Currency : CAD
Calculation Frequency : Daily
Level : 1971.84
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.56% |
5.11% |
9.24% |
1.56% |
14.24% |
- |
- |
23.74% |
Volatility |
6.38% |
9.97% |
10.29% |
6.38% |
21.78% |
- |
- |
15.50% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 907
Max. Market Cap : 2,874.105 Billion CAD
Min. Market Cap : 2.785 Billion CAD
Avg. Market Cap : 158.353 Billion CAD
Median Market Cap : 51.61 Billion CAD
Top Constituents
Name |
|
1. |
SNAP INC - A |
2. |
APPLE INC |
3. |
AMAZON.COM INC |
4. |
ROKU INC |
5. |
NEWMONT CORP |
6. |
FACEBOOK INC-A |
7. |
ZOOM VIDEO COMMUNICATIONS-A |
8. |
MODERNA INC |
9. |
DOCUSIGN INC |
10. |
TELADOC INC |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDAWTU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2017-03-17
Base Currency : USD
Calculation Frequency : Daily
Level : 1553.19
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.77% |
10.98% |
16.70% |
1.77% |
16.26% |
26.72% |
87.44% |
572.20% |
Volatility |
8.42% |
10.97% |
11.40% |
8.42% |
22.75% |
15.35% |
13.12% |
12.84% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 1115
Max. Market Cap : 2,255.969 Billion USD
Min. Market Cap : 990.907 Million USD
Avg. Market Cap : 154.489 Billion USD
Median Market Cap : 38.965 Billion USD
Top Constituents
Name |
|
1. |
APPLE INC |
2. |
AMAZON.COM INC |
3. |
MICROSOFT CORP |
4. |
NEWMONT CORP |
5. |
ROKU INC |
6. |
FACEBOOK INC-A |
7. |
MODERNA INC |
8. |
NIO INC - ADR |
9. |
GENERAL MILLS INC |
10. |
KROGER CO |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDAWPU Index
Calculating Agent : Solactive
Base Date : 2017-03-17
Launch Date : 2017-03-17
Base Currency : USD
Calculation Frequency : Daily
Level : 1442.55
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.74% |
10.70% |
15.96% |
1.74% |
14.16% |
19.44% |
- |
44.26% |
Volatility |
8.37% |
10.96% |
11.40% |
8.37% |
22.75% |
15.35% |
- |
13.85% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 1115
Max. Market Cap : 2,255.969 Billion USD
Min. Market Cap : 990.907 Million USD
Avg. Market Cap : 154.489 Billion USD
Median Market Cap : 38.965 Billion USD
Top Constituents
Name |
|
1. |
APPLE INC |
2. |
AMAZON.COM INC |
3. |
MICROSOFT CORP |
4. |
NEWMONT CORP |
5. |
ROKU INC |
6. |
FACEBOOK INC-A |
7. |
MODERNA INC |
8. |
NIO INC - ADR |
9. |
GENERAL MILLS INC |
10. |
KROGER CO |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDCATC Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2015-09-18
Base Currency : CAD
Calculation Frequency : Daily
Level : 5517.54
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.20% |
3.27% |
9.82% |
2.20% |
6.89% |
25.13% |
70.22% |
451.75% |
Volatility |
11.80% |
14.56% |
15.55% |
11.80% |
30.39% |
18.80% |
15.51% |
14.60% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 103
Max. Market Cap : 176.318 Billion CAD
Min. Market Cap : 2.22 Billion CAD
Avg. Market Cap : 25.17 Billion CAD
Median Market Cap : 17.954 Billion CAD
Top Constituents
Name |
|
1. |
SHOPIFY INC - CLASS A |
2. |
ALAMOS GOLD INC |
3. |
EMPIRE CO LTD 'A' |
4. |
TOURMALINE OIL CORP |
5. |
FRANCO-NEVADA CORP |
6. |
FAIRFAX FINANCIAL HLDGS LTD |
7. |
AGNICO-EAGLE MINES |
8. |
NOVAGOLD RESOURCES INC |
9. |
WHEATON PRECIOUS METALS CORP |
10. |
KINROSS GOLD CORP |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDCAPC Index
Calculating Agent : Solactive
Base Date : 2005-12-30
Launch Date : 2015-09-18
Base Currency : CAD
Calculation Frequency : Daily
Level : 3598.31
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.16% |
2.83% |
8.88% |
2.16% |
4.57% |
16.54% |
51.30% |
259.83% |
Volatility |
11.74% |
14.56% |
15.58% |
11.74% |
30.65% |
19.09% |
15.73% |
14.62% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 103
Max. Market Cap : 176.318 Billion CAD
Min. Market Cap : 2.22 Billion CAD
Avg. Market Cap : 25.17 Billion CAD
Median Market Cap : 17.954 Billion CAD
Top Constituents
Name |
|
1. |
SHOPIFY INC - CLASS A |
2. |
ALAMOS GOLD INC |
3. |
EMPIRE CO LTD 'A' |
4. |
TOURMALINE OIL CORP |
5. |
FRANCO-NEVADA CORP |
6. |
FAIRFAX FINANCIAL HLDGS LTD |
7. |
AGNICO-EAGLE MINES |
8. |
NOVAGOLD RESOURCES INC |
9. |
WHEATON PRECIOUS METALS CORP |
10. |
KINROSS GOLD CORP |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDCACC Index
Calculating Agent : Solactive
Base Date : 2018-07-12
Launch Date : 2018-07-12
Base Currency : CAD
Calculation Frequency : Daily
Level : 1316.76
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.20% |
3.27% |
9.82% |
2.20% |
6.89% |
- |
- |
20.35% |
Volatility |
11.80% |
14.56% |
15.55% |
11.80% |
30.39% |
- |
- |
20.20% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 103
Max. Market Cap : 176.318 Billion CAD
Min. Market Cap : 2.22 Billion CAD
Avg. Market Cap : 25.17 Billion CAD
Median Market Cap : 17.954 Billion CAD
Top Constituents
Name |
|
1. |
SHOPIFY INC - CLASS A |
2. |
ALAMOS GOLD INC |
3. |
EMPIRE CO LTD 'A' |
4. |
TOURMALINE OIL CORP |
5. |
FRANCO-NEVADA CORP |
6. |
FAIRFAX FINANCIAL HLDGS LTD |
7. |
AGNICO-EAGLE MINES |
8. |
NOVAGOLD RESOURCES INC |
9. |
WHEATON PRECIOUS METALS CORP |
10. |
KINROSS GOLD CORP |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDPXJDTU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : USD
Calculation Frequency : Daily
Level : 9095.19
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
0.94% |
12.26% |
15.90% |
0.94% |
8.03% |
12.48% |
67.66% |
809.52% |
Volatility |
15.29% |
13.05% |
13.61% |
15.29% |
24.71% |
17.02% |
14.86% |
15.54% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 131
Max. Market Cap : 148.181 Billion USD
Min. Market Cap : 2.117 Billion USD
Avg. Market Cap : 20.006 Billion USD
Median Market Cap : 15.992 Billion USD
Top Constituents
Name |
|
1. |
XINYI GLASS HOLDINGS LTD |
2. |
FORTESCUE METALS GROUP LTD |
3. |
MERIDIAN ENERGY LTD |
4. |
CONTACT ENERGY LTD |
5. |
DOMINO'S PIZZA ENTERPRISES L |
6. |
METCASH LTD |
7. |
HONG KONG EXCHANGES & CLEAR |
8. |
WOOLWORTHS LTD |
9. |
TREASURY WINE ESTATES LTD |
10. |
SPARK NEW ZEALAND LTD |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDPXJDPU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : USD
Calculation Frequency : Daily
Level : 5214.86
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
0.94% |
11.93% |
14.50% |
0.94% |
4.69% |
1.91% |
43.18% |
421.49% |
Volatility |
15.29% |
13.06% |
13.64% |
15.29% |
24.76% |
17.05% |
14.88% |
15.55% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 131
Max. Market Cap : 148.181 Billion USD
Min. Market Cap : 2.117 Billion USD
Avg. Market Cap : 20.006 Billion USD
Median Market Cap : 15.992 Billion USD
Top Constituents
Name |
|
1. |
XINYI GLASS HOLDINGS LTD |
2. |
FORTESCUE METALS GROUP LTD |
3. |
MERIDIAN ENERGY LTD |
4. |
CONTACT ENERGY LTD |
5. |
DOMINO'S PIZZA ENTERPRISES L |
6. |
METCASH LTD |
7. |
HONG KONG EXCHANGES & CLEAR |
8. |
WOOLWORTHS LTD |
9. |
TREASURY WINE ESTATES LTD |
10. |
SPARK NEW ZEALAND LTD |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDEUDTE Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : EUR
Calculation Frequency : Daily
Level : 5282.97
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
0.97% |
6.02% |
7.93% |
0.97% |
1.78% |
14.17% |
46.00% |
428.30% |
Volatility |
7.69% |
11.90% |
12.80% |
7.69% |
23.18% |
16.19% |
15.20% |
14.17% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 373
Max. Market Cap : 277.723 Billion EUR
Min. Market Cap : 2.202 Billion EUR
Avg. Market Cap : 33.88 Billion EUR
Median Market Cap : 19.18 Billion EUR
Top Constituents
Name |
|
1. |
HELLOFRESH SE |
2. |
AMBU A/S-B |
3. |
PANDORA A/S |
4. |
NESTLE SA-REG |
5. |
JAMES HARDIE INDUSTRIES-CDI |
6. |
OCADO GROUP PLC |
7. |
MOWI ASA |
8. |
NESTE OIL OYJ |
9. |
UNILEVER PLC |
10. |
NOVARTIS AG-REG |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDEUDPE Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : EUR
Calculation Frequency : Daily
Level : 3299.21
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
0.96% |
5.78% |
7.33% |
0.96% |
-0.30% |
5.21% |
28.10% |
229.92% |
Volatility |
7.69% |
11.90% |
12.81% |
7.69% |
23.20% |
16.20% |
15.21% |
14.16% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 373
Max. Market Cap : 277.723 Billion EUR
Min. Market Cap : 2.202 Billion EUR
Avg. Market Cap : 33.88 Billion EUR
Median Market Cap : 19.18 Billion EUR
Top Constituents
Name |
|
1. |
HELLOFRESH SE |
2. |
AMBU A/S-B |
3. |
PANDORA A/S |
4. |
NESTLE SA-REG |
5. |
JAMES HARDIE INDUSTRIES-CDI |
6. |
OCADO GROUP PLC |
7. |
MOWI ASA |
8. |
NESTE OIL OYJ |
9. |
UNILEVER PLC |
10. |
NOVARTIS AG-REG |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDEUDCC Index
Calculating Agent : Solactive
Base Date : 2018-07-12
Launch Date : 2018-07-12
Base Currency : CAD
Calculation Frequency : Daily
Level : 1859.52
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
-0.06% |
5.51% |
7.69% |
-0.06% |
7.69% |
- |
- |
12.99% |
Volatility |
6.70% |
11.20% |
11.89% |
6.70% |
21.33% |
- |
- |
15.74% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 373
Max. Market Cap : 432.915 Billion CAD
Min. Market Cap : 3.432 Billion CAD
Avg. Market Cap : 52.812 Billion CAD
Median Market Cap : 29.898 Billion CAD
Top Constituents
Name |
|
1. |
HELLOFRESH SE |
2. |
AMBU A/S-B |
3. |
PANDORA A/S |
4. |
NESTLE SA-REG |
5. |
JAMES HARDIE INDUSTRIES-CDI |
6. |
OCADO GROUP PLC |
7. |
MOWI ASA |
8. |
NESTE OIL OYJ |
9. |
UNILEVER PLC |
10. |
NOVARTIS AG-REG |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDEMUDPE Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : EUR
Calculation Frequency : Daily
Level : 3124.93
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.65% |
5.89% |
8.27% |
1.65% |
0.53% |
4.65% |
32.67% |
212.49% |
Volatility |
10.04% |
12.47% |
13.47% |
10.04% |
24.92% |
17.17% |
15.98% |
15.21% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 211
Max. Market Cap : 174.005 Billion EUR
Min. Market Cap : 2.202 Billion EUR
Avg. Market Cap : 25.715 Billion EUR
Median Market Cap : 20.129 Billion EUR
Top Constituents
Name |
|
1. |
HELLOFRESH SE |
2. |
DELIVERY HERO AG |
3. |
ZALANDO SE |
4. |
ADYEN NV |
5. |
QIAGEN N.V. |
6. |
DEUTSCHE WOHNEN AG-BR |
7. |
KESKO OYJ-B SHS |
8. |
SEB SA |
9. |
ARGENX SE |
10. |
L'OREAL |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDEMUDTE Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : EUR
Calculation Frequency : Daily
Level : 4924.92
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.67% |
6.15% |
8.83% |
1.67% |
2.65% |
13.20% |
50.71% |
392.49% |
Volatility |
10.05% |
12.47% |
13.47% |
10.05% |
24.91% |
17.16% |
15.99% |
15.21% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 211
Max. Market Cap : 174.005 Billion EUR
Min. Market Cap : 2.202 Billion EUR
Avg. Market Cap : 25.715 Billion EUR
Median Market Cap : 20.129 Billion EUR
Top Constituents
Name |
|
1. |
HELLOFRESH SE |
2. |
DELIVERY HERO AG |
3. |
ZALANDO SE |
4. |
ADYEN NV |
5. |
QIAGEN N.V. |
6. |
DEUTSCHE WOHNEN AG-BR |
7. |
KESKO OYJ-B SHS |
8. |
SEB SA |
9. |
ARGENX SE |
10. |
L'OREAL |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDEMTU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2015-12-18
Base Currency : USD
Calculation Frequency : Daily
Level : 1746.7
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.97% |
19.38% |
26.10% |
2.97% |
21.35% |
16.69% |
88.75% |
939.45% |
Volatility |
14.26% |
12.84% |
13.52% |
14.26% |
24.59% |
16.96% |
14.77% |
15.90% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 698
Max. Market Cap : 697.679 Billion USD
Min. Market Cap : 645.511 Million USD
Avg. Market Cap : 34.404 Billion USD
Median Market Cap : 16.156 Billion USD
Top Constituents
Name |
|
1. |
LI NING CO LTD |
2. |
NIO INC - ADR |
3. |
TAIWAN SEMICONDUCTOR MANUFAC |
4. |
PINDUODUO INC-ADR |
5. |
CELLTRION HEALTHCARE CO LTD |
6. |
ANGLOGOLD ASHANTI LTD |
7. |
SUN PHARMACEUTICAL INDUSTRIES LTD |
8. |
RELIANCE INDUSTRIES LTD |
9. |
GOLD FIELDS LTD |
10. |
KINGDEE INTERNATIONAL SFTWR |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDEMPU Index
Calculating Agent : Solactive
Base Date : 2015-12-18
Launch Date : 2015-12-18
Base Currency : USD
Calculation Frequency : Daily
Level : 1572.51
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.95% |
19.15% |
25.23% |
2.95% |
19.14% |
10.01% |
69.99% |
57.25% |
Volatility |
14.20% |
12.82% |
13.51% |
14.20% |
24.58% |
16.96% |
14.75% |
14.81% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 698
Max. Market Cap : 697.679 Billion USD
Min. Market Cap : 645.511 Million USD
Avg. Market Cap : 34.404 Billion USD
Median Market Cap : 16.156 Billion USD
Top Constituents
Name |
|
1. |
LI NING CO LTD |
2. |
NIO INC - ADR |
3. |
TAIWAN SEMICONDUCTOR MANUFAC |
4. |
PINDUODUO INC-ADR |
5. |
CELLTRION HEALTHCARE CO LTD |
6. |
ANGLOGOLD ASHANTI LTD |
7. |
SUN PHARMACEUTICAL INDUSTRIES LTD |
8. |
RELIANCE INDUSTRIES LTD |
9. |
GOLD FIELDS LTD |
10. |
KINGDEE INTERNATIONAL SFTWR |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDEMCC Index
Calculating Agent : Solactive
Base Date : 2018-07-12
Launch Date : 2018-07-12
Base Currency : CAD
Calculation Frequency : Daily
Level : 1876.66
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
3.15% |
15.00% |
18.83% |
3.15% |
18.52% |
- |
- |
22.39% |
Volatility |
12.19% |
11.09% |
11.67% |
12.19% |
21.67% |
- |
- |
15.86% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 698
Max. Market Cap : 888.843 Billion CAD
Min. Market Cap : 822.381 Million CAD
Avg. Market Cap : 43.831 Billion CAD
Median Market Cap : 20.582 Billion CAD
Top Constituents
Name |
|
1. |
LI NING CO LTD |
2. |
NIO INC - ADR |
3. |
TAIWAN SEMICONDUCTOR MANUFAC |
4. |
PINDUODUO INC-ADR |
5. |
CELLTRION HEALTHCARE CO LTD |
6. |
ANGLOGOLD ASHANTI LTD |
7. |
SUN PHARMACEUTICAL INDUSTRIES LTD |
8. |
RELIANCE INDUSTRIES LTD |
9. |
GOLD FIELDS LTD |
10. |
KINGDEE INTERNATIONAL SFTWR |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDJNPJ Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : JPY
Calculation Frequency : Daily
Level : 3261.24
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.92% |
9.42% |
14.21% |
1.92% |
11.25% |
0.58% |
46.47% |
226.12% |
Volatility |
9.37% |
12.92% |
13.04% |
9.37% |
19.88% |
16.83% |
17.09% |
17.28% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-30
Number of Constituents : 239
Max. Market Cap : 16,839.724 Billion JPY
Min. Market Cap : 219.937 Billion JPY
Avg. Market Cap : 2,601.477 Billion JPY
Median Market Cap : 1,493.06 Billion JPY
Top Constituents
Name |
|
1. |
SUSHIRO GLOBAL HOLDINGS LTD |
2. |
NINTENDO CO LTD |
3. |
CAPCOM CO LTD |
4. |
SOFTBANK GROUP CORP |
5. |
FAST RETAILING CO LTD |
6. |
NEXON CO LTD |
7. |
TOHO GAS CO LTD |
8. |
CYBERAGENT INC |
9. |
DAIICHI SANKYO CO LTD |
10. |
LION CORP |
Allocations
As of 2020-12-30
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDJNTJ Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : JPY
Calculation Frequency : Daily
Level : 4392.36
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.92% |
9.55% |
14.99% |
1.92% |
13.18% |
6.06% |
59.37% |
339.24% |
Volatility |
9.36% |
12.97% |
13.07% |
9.36% |
19.88% |
16.83% |
17.10% |
17.28% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-30
Number of Constituents : 239
Max. Market Cap : 16,839.724 Billion JPY
Min. Market Cap : 206.416 Billion JPY
Avg. Market Cap : 2,601.477 Billion JPY
Median Market Cap : 1,493.06 Billion JPY
Top Constituents
Name |
|
1. |
SUSHIRO GLOBAL HOLDINGS LTD |
2. |
NINTENDO CO LTD |
3. |
CAPCOM CO LTD |
4. |
SOFTBANK GROUP CORP |
5. |
FAST RETAILING CO LTD |
6. |
NEXON CO LTD |
7. |
TOHO GAS CO LTD |
8. |
CYBERAGENT INC |
9. |
DAIICHI SANKYO CO LTD |
10. |
LION CORP |
Allocations
As of 2020-12-30
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDNATU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2013-05-13
Base Currency : USD
Calculation Frequency : Daily
Level : 7750.37
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.16% |
9.08% |
17.90% |
2.16% |
20.61% |
42.95% |
112.88% |
806.13% |
Volatility |
11.96% |
14.44% |
15.09% |
11.96% |
30.32% |
20.16% |
16.79% |
15.84% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 499
Max. Market Cap : 2,255.969 Billion USD
Min. Market Cap : 6.373 Billion USD
Avg. Market Cap : 115.771 Billion USD
Median Market Cap : 51.777 Billion USD
Top Constituents
Name |
|
1. |
ROKU INC |
2. |
SNAP INC - A |
3. |
NEWMONT CORP |
4. |
TELADOC INC |
5. |
CLOROX COMPANY |
6. |
BIOGEN IDEC INC |
7. |
DOCUSIGN INC |
8. |
KROGER CO |
9. |
FRANCO-NEVADA CORP |
10. |
FACEBOOK INC-A |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDNAPU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2013-05-13
Base Currency : USD
Calculation Frequency : Daily
Level : 5449.06
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.10% |
8.68% |
17.03% |
2.10% |
18.48% |
34.96% |
93.89% |
540.07% |
Volatility |
11.88% |
14.42% |
15.07% |
11.88% |
30.30% |
20.15% |
16.78% |
15.85% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 499
Max. Market Cap : 2,255.969 Billion USD
Min. Market Cap : 6.373 Billion USD
Avg. Market Cap : 115.771 Billion USD
Median Market Cap : 51.777 Billion USD
Top Constituents
Name |
|
1. |
ROKU INC |
2. |
SNAP INC - A |
3. |
NEWMONT CORP |
4. |
TELADOC INC |
5. |
CLOROX COMPANY |
6. |
BIOGEN IDEC INC |
7. |
DOCUSIGN INC |
8. |
KROGER CO |
9. |
FRANCO-NEVADA CORP |
10. |
FACEBOOK INC-A |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDUKPG Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : GBP
Calculation Frequency : Daily
Level : 2988.82
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.49% |
7.99% |
8.04% |
1.49% |
-7.84% |
-11.04% |
10.68% |
198.88% |
Volatility |
16.46% |
14.14% |
14.51% |
16.46% |
24.79% |
17.33% |
15.61% |
15.70% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 94
Max. Market Cap : 115.416 Billion GBP
Min. Market Cap : 2.168 Billion GBP
Avg. Market Cap : 20.984 Billion GBP
Median Market Cap : 14.479 Billion GBP
Top Constituents
Name |
|
1. |
SAINSBURY (J) PLC |
2. |
DECHRA PHARMACEUTICALS PLC |
3. |
OCADO GROUP PLC |
4. |
POLYMETAL INTERNATIONAL PLC |
5. |
GAMES WORKSHOP GROUP PLC |
6. |
AVAST PLC |
7. |
UNILEVER PLC |
8. |
IG GROUP HOLDINGS PLC |
9. |
B&M EUROPEAN VALUE RETAIL SA |
10. |
PEARSON PLC |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDUKTG Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : GBP
Calculation Frequency : Daily
Level : 5431.27
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
1.50% |
8.38% |
9.17% |
1.50% |
-5.66% |
-2.32% |
28.97% |
443.13% |
Volatility |
16.46% |
14.14% |
14.45% |
16.46% |
24.72% |
17.29% |
15.58% |
15.69% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 94
Max. Market Cap : 115.416 Billion GBP
Min. Market Cap : 2.168 Billion GBP
Avg. Market Cap : 20.984 Billion GBP
Median Market Cap : 14.479 Billion GBP
Top Constituents
Name |
|
1. |
SAINSBURY (J) PLC |
2. |
DECHRA PHARMACEUTICALS PLC |
3. |
OCADO GROUP PLC |
4. |
POLYMETAL INTERNATIONAL PLC |
5. |
GAMES WORKSHOP GROUP PLC |
6. |
AVAST PLC |
7. |
UNILEVER PLC |
8. |
IG GROUP HOLDINGS PLC |
9. |
B&M EUROPEAN VALUE RETAIL SA |
10. |
PEARSON PLC |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDUSATU Index
Calculating Agent : Solactive
Base Date : 2000-06-05
Launch Date : 2011-11-17
Base Currency : USD
Calculation Frequency : Daily
Level : 9902.64
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.46% |
11.14% |
20.47% |
2.46% |
23.06% |
46.95% |
119.28% |
744.77% |
Volatility |
13.66% |
14.62% |
15.08% |
13.66% |
31.37% |
21.09% |
17.55% |
16.75% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 472
Max. Market Cap : 2,255.969 Billion USD
Min. Market Cap : 6.373 Billion USD
Avg. Market Cap : 121.575 Billion USD
Median Market Cap : 53.57 Billion USD
Top Constituents
Name |
|
1. |
ROKU INC |
2. |
SNAP INC - A |
3. |
NEWMONT CORP |
4. |
CLOROX COMPANY |
5. |
TELADOC INC |
6. |
BIOGEN IDEC INC |
7. |
KROGER CO |
8. |
DOCUSIGN INC |
9. |
FACEBOOK INC-A |
10. |
PELOTON INTERACTIVE INC-A |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDUSAPU Index
Calculating Agent : Solactive
Base Date : 2002-10-31
Launch Date : 2011-11-17
Base Currency : USD
Calculation Frequency : Daily
Level : 7314.46
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.40% |
10.75% |
19.59% |
2.40% |
20.91% |
38.70% |
99.25% |
631.45% |
Volatility |
13.58% |
14.61% |
15.07% |
13.58% |
31.35% |
21.08% |
17.54% |
16.73% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 472
Max. Market Cap : 2,255.969 Billion USD
Min. Market Cap : 6.373 Billion USD
Avg. Market Cap : 121.575 Billion USD
Median Market Cap : 53.57 Billion USD
Top Constituents
Name |
|
1. |
ROKU INC |
2. |
SNAP INC - A |
3. |
NEWMONT CORP |
4. |
CLOROX COMPANY |
5. |
TELADOC INC |
6. |
BIOGEN IDEC INC |
7. |
KROGER CO |
8. |
DOCUSIGN INC |
9. |
FACEBOOK INC-A |
10. |
PELOTON INTERACTIVE INC-A |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.
CHARACTERISTICS
As of 2021-01-15
Ticker : MDUSACC Index
Calculating Agent : Solactive
Base Date : 2018-07-12
Launch Date : 2018-07-12
Base Currency : CAD
Calculation Frequency : Daily
Level : 2179.48
Review Dates : Quarterly in March, June, September, December
Return & Volatility
MTD |
3 Months |
6 Months |
YTD |
1 Year |
3 Years |
5 Years |
Since base date |
|
Return |
2.60% |
6.98% |
13.43% |
2.60% |
20.03% |
- |
- |
34.33% |
Volatility |
13.55% |
14.09% |
14.44% |
13.55% |
30.34% |
- |
- |
21.60% |
*The volatility in the table is annualized volatility, which is calculated with the standard deviation of index’s historical daily returns, multiplying by the square root of trading days in a year.
Chart
Constituents
As of 2020-12-31
Number of Constituents : 472
Max. Market Cap : 2,874.105 Billion CAD
Min. Market Cap : 8.119 Billion CAD
Avg. Market Cap : 154.887 Billion CAD
Median Market Cap : 68.248 Billion CAD
Top Constituents
Name |
|
1. |
ROKU INC |
2. |
SNAP INC - A |
3. |
NEWMONT CORP |
4. |
CLOROX COMPANY |
5. |
TELADOC INC |
6. |
BIOGEN IDEC INC |
7. |
KROGER CO |
8. |
DOCUSIGN INC |
9. |
FACEBOOK INC-A |
10. |
PELOTON INTERACTIVE INC-A |
Allocations
As of 2020-12-31
Breakdown by Economic Sector
Breakdown by Country
INVESTMENT PHILOSOPHY
TOBAM’s core investment philosophy is to maximize diversification in order to capture the full risk premium of an asset class.
Our research indicates that the systematic returns available from equity markets are higher than using market cap-weighted benchmarks, and are also far more stable over time. Using a biased benchmark as a reference carries heavy, costly, implicit bets which evolve dynamically. On the contrary, TOBAM’s Maximum Diversification® approach is designed to access the full risk premium evenly from all the independent risk factors available in the investment universe.
The Maximum Diversification® process is designed to create portfolios which lie closer to the ex-post efficient frontier than the market cap portfolio over a market cycle.