Rule Change for Power Dividend Index
(PRWEB) June 01, 2018 -- S-Network Global Indexes today announced effective June 4, 2018, the methodology for the W.E. Donoghue Power Dividend Index (Ticker: PWRDX) will be updated with respect to the trigger for reallocation from short-term fixed income instruments to equities.
Going forward, the current value of the SDOGXTR Index must be greater than its 50-day, 100-day and 200-day simple moving averages at the close of trading on the night prior to the effective date in order to reallocate from S&P U.S. Treasury Bond 1–3 Year Index to the SDOGXTR Index.
This rule change applies to the following index (developed collaboratively between W.E. Donoghue & Co, LLC. and S-Network Global Indexes, Inc.):
The W.E. Donoghue Power Dividend Index (PWRDX)
More information about the indexes can be found at http://donoghue.snetglobalindexes.com/index
About S-Network Global Indexes, Inc.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 300 indexes, which serve as the underlying portfolios for financial products with over USD 8.5 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency.
http://www.snetglobalindexes.com
About W.E. Donoghue & Co., LLC
W.E. Donoghue & Co., LLC (“W.E. Donoghue”) is a tactical investment firm that has specialized in active risk-managed portfolios since 1986. In December 2017, W.E. Donoghue acquired JAForlines Global (“JFG”), an investment management company that specialized in risk-managed global tactical strategies. The combined firm has approximately $3.3 billion in assets under management and under advisement in mutual fund and separately managed account assets as of December 31, 2017.
W.E. Donoghue offers its strategies through its rules-based Power product series and their JAForlines Global Tactical Allocation Portfolios. The W.E. Donoghue Power line of strategies utilizes technical indicators to recognize shifts in market momentum and leverages proprietary tactical signals within custom indices, calculated by S&P Dow Jones Indices, to help preserve capital in down trending markets and seeks to offer a stronger client-centric risk-adjusted return stream over a full market cycle. The JAForlines Global Tactical Allocation strategies employ fundamental research with a top-down macro global orientation and are designed to lower volatility while striving to produce long-term capital appreciation.
For more information about W.E. Donoghue, please visit the company’s websites at http://www.donoghue.com and http://www.jaforlines.com.
S&P Dow Jones Indices is a global leader in providing investable and benchmark indices to the financial markets. S&P® is a registered trademark of Standard & Poor's Financial Services LLC (“SPFS”), and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”).
Sarah Grieco, S-Network Global Indexes, Inc., http://snetglobalindexes.com/, +1 7328654653, [email protected]
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