It's an index that select monthly a group of Ucits III Sicav from the category of Flexible and Total Return Funds and summarize the performance.
It's part of the indices do not merely represent the average of an asset class but use selection's algorithm.
The selection of the Sicav is done with Quantitative methods applied meccanically and consistently.
Excellence in Active Management
The monthly basket of Sicav is composed by active funds that allow great freedom to managers, not linked to a relative return benchmark but with absolute target of risk and return.