Our Methodology
Transparent, rigorous, and audited calculation methods following international index standards.
Core Principles
Objective Selection
Rule-based constituent selection eliminating subjective bias.
Transparent Calculation
All formulas and methodologies publicly documented and audited.
Regular Rebalancing
Quarterly reviews ensure indices remain representative and current.
Index Construction
1. Universe Definition
We start with a comprehensive universe of securities meeting minimum liquidity and market capitalization thresholds. Each index has specific eligibility criteria based on its focus.
2. Weighting Methodology
Our indices use free-float market capitalization weighting, adjusting for shares actually available for public trading. This provides a realistic view of investable market values.
3. CPI Score Calculation
The Cost Performance Index (CPI) score is calculated using a proprietary algorithm that factors in risk-adjusted returns, expense ratios, tracking error, and liquidity metrics.
4. Rebalancing Schedule
Indices are reviewed quarterly with rebalancing effective at market close. Extraordinary reviews occur for corporate actions like mergers, acquisitions, or delistings.
Data Sources & Quality
All index calculations use institutional-grade market data from leading providers. Data undergoes rigorous quality checks including:
- Real-time validation against multiple data feeds
- Automated anomaly detection systems
- Manual review of significant price movements
- Historical data integrity verification
- Regular third-party audits