S&P Dow Jones Indices has launched the S&P ESG Equity Target Risk Index Series.
The three indices measure the performance of specific allocations to ESG equities and fixed-income across a risk spectrum from moderate to growth to aggressive:
S&P ESG Equity Target Risk Moderate Index is designed to measure the performance of moderate stock-bond allocations to fixed income, while seeking to increase opportunities for higher returns through ESG-themed equities.
S&P ESG Equity Target Risk Growth Index is designed to measure the performance of ESG-themed equity allocations, while seeking to provide limited fixed-income exposure to diversity risk.
S&P ESG Equity Target Risk Aggressive Index is designed to measure the performance of aggressive allocations to equities, seeking to maximize opportunities for long-term capital accumulation through ESG-themed equities, while also including small allocations to fixed income to enhance portfolio efficiency.
The universe of eligible component indices includes six ESG equity indices covering the United States, Canada, Europe, the Middle East and Africa, Asia Pacific and other emerging markets, as well as two fixed-income indices including the S&P Green Bond Select Index and S&P U.S. Aggregate Bond Index. The index series is semi-annually rebalanced in April and October.