About the Index

Download Sovereign Wealth Fund Strategic Index Brochure

This market capitalization-weighted index gauges strategic sovereign wealth fund investment in public equity markets around the world. Currently, the index includes 37 publicly traded equity securities, from the original 30 selected in 2008. This index can be used as a benchmark to track aggregated SWF publicly traded strategic investor performance. In addition, it is a proxy to illustrate where strategic government cross-border equity investment flows. Governmental funds can use the index as a policy benchmark to compare their direct equity investment performance. We contribute to the investment process by delivering performance benchmarks and useful research tools, and as the basis for various investment vehicles.

This index is maintained by the SWFI Index Committee. It is a team comprised of analysts from both Park Alpha and the Sovereign Wealth Fund Institute (SWFI). The purpose of the Index Committee is to ensure the index remains a primary indicator of aggregated SWF publicly traded strategic performance. The Index Committee determines constituents on a semi-annual basis. The Index Committee constantly monitors events and makes sure index turnover is kept low.

Index Information
Index Start Date January 1, 2008
Universe All publicly traded companies, energy trusts, and REITs
Rebalancing Periods Semi Annually
# of Current Constituents 37
Index Type Weighted by Market Capitalization in US Dollars
Managed SWFI Index Committee (SWFI & Park Alpha)

Top Ten Holdings by Weight (10/29/2010)
China Construction Bank 14.2%
General Electric 11.1%
BP 8.3%
Total 8.3%
Citigroup 7.8%
Bank of America 7.5%
Daimler AG 4.5%
Standard Chartered 4.4%
Industrial and Commercial Bank of China 4.3%
UBS AG 4.2%

SWF Strategic Index vs. S&P 500 Price Performance