Solactive announces its collaboration with Pathfinder Asset Management, as the Pathfinder Global Responsibility Fund and the Pathfinder Global Water Fund track the Solactive GBS Developed Markets ex Australia Large & Mid Cap 50% Hedged to NZD Index NTR and the Solactive GBS Developed Markets Water All Cap 50% Hedged to NZD Index NTR, respectively. Both benchmarks are designed to provide transparent, rules-based exposure to their respective equity universes while hedging 50% of the currency exposure to NZD.
As demand for transparent and rules-based benchmark solutions continues, index design remains a relevant consideration for asset managers seeking to reflect specific regional, sector, and currency characteristics. In this context, Solactive provides index solutions across a broad range of investment objectives while maintaining a consistent, rules-based framework.
The Solactive GBS Developed Markets ex Australia Large & Mid Cap 50% Hedged to NZD Index forms part of Solactive’s GBS Hedged Index Series. The index tracks the performance of its respective developed markets underlying index while hedging 50% of the currency exposure to NZD on a one-month basis via FX forward contracts. The currency hedge follows a standard methodology, with the FX forward contract component rebalanced monthly.
The Solactive GBS Developed Markets Water All Cap 50% Hedged to NZD Index tracks the performance of the Solactive GBS Developed Markets Water All Cap NZD Index, while hedging 50% of the currency exposure to NZD on a one-month basis via FX forward contracts. The index is calculated as a standard currency-hedged index, with the FX forward contract component rebalanced monthly and a one-month forward contract maturity.
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “We are pleased to support Pathfinder Asset Management with benchmark solutions aligned with its investment approach. Solactive remains committed to providing transparent and rules-based index capabilities that can be applied across a broad range of requirements.”
David Lewis, Chief Investment Officer at Pathfinder, commented: "We were impressed with Solactive’s customer service, analytical insight, and ability to provide customised and cost effective solutions to our benchmarking needs. They were therefore a clear choice to support these two Pathfinder funds.”
