Syntax, LLC Announces Launch of Stratified LargeCap ESG Index
01 Agosto 2020 - 8:59AM
Business Wire
Syntax, LLC is pleased to announce the launch of the Syntax
Stratified LargeCap ESG Index (Index Symbol: SYESG) on July 31,
2020. The Index seeks to provide broad coverage of large-cap U.S
companies while tilting exposure towards the companies that
outperform their peers on material ESG metrics. The Stratified
LargeCap ESG Index applies Syntax’s innovative Stratified Weight
methodology and patented Functional Information System (FIS)
technology to control for business risk and identify material ESG
metrics.
“This index is proof that Syntax’s business risk analytics can
add value in ESG,” says Syntax CEO Rory Riggs. “Paired with
Stratified Weight, these can be powerful tools for investors to
improve the risk and return profile of their passive ESG
allocation.”
By bringing the Index to market, Syntax seeks to provide
institutional-quality ESG integration in a passive vehicle. Says
managing partner and founder of ETFGI, Deborah Fuhr, “Syntax is
known for its innovative and expansive business risk database and
they have thoughtfully applied this data to create a truly
differentiated approach to passive ESG.”
The index also provides a transparent and rules-based solution
for passive ESG. Syntax’s ESG scoring system combines
well-established, transparent materiality frameworks like SASB with
Syntax’s ESG scoring methodology based on its business risk
database. "Long-term investors, such as pensions and sovereign
funds, are in desperate need of transparent and accessible ESG
solutions that they can easily understand, explain and then scale,”
says Dr. Ashby Monk, Executive Director of the Global Projects
Center at Stanford University. “Syntax’s ESG Index is a
groundbreaking strategy that builds on a 'glass box' technology
solution that collects and transforms alternative-data about
businesses in order to deliver a more aligned and responsible
investment product than I've seen anywhere in my research. We need
more of this in the market!"
The Stratified LargeCap ESG index follows the Syntax Social Core
Indices that launched in December 2015, providing multiple
Stratified Weight options for responsible investing.
In the development and distribution of the Index, Syntax is
pleased to be working with S-Network Global Indexes as a
calculating agent, as well as ISS ESG and Bloomberg, industry
leaders in comprehensive, accurate, and transparent ESG data.
The Syntax Stratified ESG Index is a product of Syntax Indices,
a division of Syntax, LLC.
About Syntax, LLC
Syntax, LLC is an index provider and financial analytics company
based in New York. Syntax’s mission is to build innovative,
transparent financial products and technologies that meet the
investment objectives of a broad range of clients. Syntax offers a
suite of Stratified Benchmark Indices that reweight the most
widely-used benchmarks, including the S&P 500, S&P 400, and
MSCI EAFE using the Stratified Weight methodology. Syntax also
provides Stratified Sector Indices, Stratified Thematic Indices,
custom index solutions, Affinity™ portfolio analysis and data
suite, and responsible investing analytics.
www.syntaxindices.com
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Jonathan Chandler Phone: (212) 880-0211 Email:
jchandler@syntaxindices.com