New York, NY, December 3, 2018 — S-Network Global Indexes today announced that due to the National Day of Mourning to be held on Wednesday, December 5, 2018, the reconstitution of the S-Network BlackSwan Core Index (SWANXT) will be delayed until the close of trading on Friday, December 7, 2018.
The S-Network BlackSwan Core Index is designed to potentially protect capital against BlackSwan events. With the majority of assets in historically low-volatility Treasuries, remaining assets are used to purchase “in-the-money” calls (options with a strike price below the market price on the S&P 500). The goal is to achieve capital appreciation above inflation while minimizing volatility as compared to standard asset-allocated investments. More information about the index can be found at blackswan.snetglobalindexes.com.
About S-Network Global Indexes, Inc.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 300 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. www.snetglobalindexes.com