SCTR℠ indices are protected through various intellectual property rights and unfair competition and misappropriation laws. In particular, Benchmark Investments has registered the “SCTR” “SRVR” “INDS” “RTL” “PAD” “HOTL” “NNNL” “RXRE” “DESK” and “SCTRs” service marks. Benchmark requires a license to launch any product whose performance is linked to the value of a particular SCTR℠ index, for example, derivatives, bonds, swaps and OTC products and for all use of the SCTR℠ name or name of the SCTR℠ index in the marketing of the product. The prices may vary depending on the product and the assets under management.
The data comprised in the SCTR℠ indexes is provided via this website, and via specialized data vendors. However, the subscription to such services does not cover the use of a SCTR℠ index for a financial product.
Neither Benchmark Investments (“Company”) nor any of its licensors makes any warranties or representations, express or implied, to the user with respect to the access to, and the use of, the website or any of the data contained therein. The data is provided for informational purposes only, and the Company shall not be responsible or liable for the accuracy, usefulness or availability of any information transmitted or made available through this website.
Third party data included on the website has been obtained from publicly available sources and has not been reviewed for accuracy or completeness. The Company is not liable for such content.
It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. Benchmark Investments does not sponsor, endorse, sell, promote or manage any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. Benchmark Investments makes no assurance that investment products based on the index will accurately track index performance or provide positive investment returns. Benchmark Investments LLC is not an investment advisor, and Benchmark Investments makes no representation regarding the advisability of investing in any such investment fund or other investment vehicle. A decision to invest in any such investment fund or other investment vehicle should not be made in reliance on any of the statements set forth in this document. Prospective investors are advised to make an investment in any such fund or other vehicle only after carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or similar document that is prepared by or on behalf of the issuer of the investment fund or other investment product or vehicle. Benchmark Investments LLC is not a tax advisor. A tax advisor should be consulted to evaluate the impact of any tax-exempt securities on portfolios and the tax consequences of making any particular investment decision. Inclusion of a security within an index is not a recommendation by Benchmark Investments to buy, sell, or hold such security, nor is it considered to be investment advice. Closing prices for Benchmark Investments’ US benchmark indices are calculated by Nasdaq Global Indexes based on the closing price of the individual constituents of the index as set by their primary exchange. Closing prices are received by Nasdaq Global Indexes from one of its third party vendors and verified by comparing them with prices from an alternative vendor. The vendors receive the closing price from the primary exchanges. Real-time intraday prices are calculated similarly without a second verification.
Charts and graphs are provided for illustrative purposes. Past performance is not an indication or guarantee of future results. The charts and graphs may reflect hypothetical historical performance. All information presented prior to the launch date is back-tested. Back-tested performance is not actual performance, but is hypothetical. The back-test calculations are based on the same methodology that was in effect when the index(es) was officially launched. Complete index methodology details are available on each index page.
Prospective application of the methodology used to construct the index(es) as well as revisions to economic data may not result in performance commensurate with the back-test returns shown. The back-test period does not necessarily correspond to the entire available history of the index(es). Please refer to the index methodology for the particular index in question, available at benchmarkinvestment.com, for more details about such index, including the manner in which it is rebalanced, the timing of such rebalancing, criteria for additions and deletions, as well as all index calculations.
Another limitation of using back-tested information is that the back-tested calculation is generally prepared with the benefit of hindsight. Back-tested data and/or information reflects the application of the index methodology and selection of index constituents in hindsight. No hypothetical record can completely account for the impact of financial risk in actual trading. For example, there are numerous factors related to the equities, real estate, or options markets in general which cannot be, and have not been accounted for in the preparation of the index information set forth, all of which can affect actual performance.
The index returns shown do not represent the results of actual trading of investable assets/securities. Benchmark Investments LLC maintains the index(es) and calculates the index levels and performance shown or discussed, but does not manage actual assets. Index returns do not reflect payment of any sales charges or fees an investor may pay to purchase the securities underlying the index(es) or investment funds that are intended to track the performance of the index(es). The imposition of these fees and charges would cause actual and back-tested performance of the securities/fund to be lower than the index performance shown. As a simple example, if an index returned 10% on a US $100,000 investment for a 12-month period (or US $10,000) and an actual asset-based fee of 1.5% was imposed at the end of the period on the investment plus accrued interest (or US $1,650), the net return would be 8.35% (or US $8,350) for the year. Over a three year period, an annual 1.5% fee taken at year end with an assumed 10% return per year would result in a cumulative gross return of 33.10%, a total fee of US $5,375, and a cumulative net return of 27.2% (or US $27,200).