Effective January 31, 2021, New World Strategies, LLC, acquired the Annuity Linked Trader Vic Index (ALTVI) from NatWest Markets Plc, London, United Kingdom.
New World Strategies, LLC, is pleased to announce the acquisition of the Annuity Linked Trader Vic Index (ALTVI) from NatWest Markets Plc, London, United Kingdom. The ALTVI is a ground-breaking investment index that pioneered a generational shift in innovative product development in the U.S. life insurance annuity industry when launched in April 2012. Simultaneously, the company acquired the base investment index that powers the ALTVI, the Trader Vic Index - Excess Return, from Enhanced Alpha Management, LP, Dallas, Texas.
The ALTVI is an index that tracks the Trader Vic Index (TVI) after deducting certain fees, costs and expenses, and on a volatility stabilized basis. The Trader Vic Index is a rules-based index that tracks, on a notional basis, the prices of 24 U.S. exchange-traded futures contracts across physical commodities, global currencies and U.S. interest rates. The 24 TVI components are grouped into 18 sectors, with each sector being tracked on either a “long” or “short” basis (except the energy sector, which is tracked on either a “long” or “flat” basis), depending on the recent price trends of the futures contracts in the sector. The Trader Vic Index was developed by Enhanced Alpha Management, LP and launched on June 3, 2009. It is now owned by New World Strategies, LLC.
The indices were licensed to Security Benefit Life Insurance Company, Topeka, Kansas, for continued inclusion in the Total Value Annuity.
The indices are calculated on a daily basis by MerQube, Inc., a leading provider of quantitative investment services. Pertinent ALTVI index information, including performance, may be found at
https://www.merqube.com/index/NWSALTVI.
Parties interested in tracking the Trader Vic Index - Excess Return base index may find it at https://www.merqube.com/index/NWSTVIER.
Questions may be directed to New World Strategies at info@nwstrategiesllc.com.
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