Description
The CLCI-Global Ltd Global Value Index (GVI) optimizes global purchasing power while controlling cross rate risk within the currency neutral framework provided by CLCI GLOBAL Benchmark Index – GVI
| Weighting Method | Common factor adjusted and value weighted |
| Rebalancing and Distribution Frequency | Weekly by 14:00:00 Sunday UTC provided all data is available as usual. Else as soon as data becomes available. |
| Calculation Frequency | Daily at 24:00:00 UTC |
| Calculation Currencies | AUD, CAD, CHF, CNH, EUR, GBP, JPY, NOK, NZD, SEK, SGD, USD |
| Launch Date | July 30, 2020 |
| First Value Date | August 13, 1971 |
The proprietary algorithm optimises the holding weights for 12 of the world’s most important and liquid currencies. This is a subset of the currencies used for the Global Benchmark Index. Group inclusion is decided using the same ranking system as that used for the GBI based on the following 5 domains.
- Turnover and liquidity.
- The presence of a functioning market for government bonds.
- Historical continuity.
- Degree to which the value of the currency is determined by market forces.
- Ease with which a market participant can control exposure.
Optimize Global Cash
The CLCI GLOBAL Value Index – GVI preserves and enhances global purchasing power in an increasingly uncertain world.
- Analytically robust currency diversification: Optimize global purchasing power while controlling cross rate risk within the currency neutral framework provided by GBI.
- Global investment: Optimize global investments and control global risk by dynamically hedging all exposures into GVI.
- Investment product development: May be licensed for white label use by asset managers as a currency overlay strategy.
Historical Performance
