The S-Network Sector Leaders Index (Ticker: SLDRX) is a portfolio of large capitalization stocks derived from the S&P 500 and listed on US stock exchanges that have been screened for fundamental characteristics associated with growth and quality.
Key defining factors include:
The S&P 500 serves as the universe for the S-Network Sector Leaders Index, which comprises a total of 45 stocks. SLDRX’s constituents must be constituents of the S&P 500 Index, which comprises the 500 largest capitalization stocks listed in the United States and whose principal place of business is the US, as determined by Standard & Poor’s.
The S-Network Sector Leaders Index includes five stocks each from nine GICS sectors which statistically demonstrate key characteristics associated with growth and quality, assuring diversification across all sectors. The Telecom sector is combined with the Information Technology sector for selection purposes.
The S-Network Sector Leaders Index depends on a clearly defined rules-based methodology, which is overseen by an impartial Index Committee. No discretion is exercised in compiling the index and a pre-defined screening protocol assures a consistent, transparent and arms-length compilation process