New Frontier Advisors on Thursday launched a new index consisting of 27 well-diversified, high-quality, low-cost, tax-efficient ETFs.
The New Frontier Global Balanced Index (NFGBI) sets out to provide institutional asset managers and long-term investors with a unique benchmark to track the performance of an institutional quality global multi-asset risk-managed portfolio.
NFGBI is a 60/40 risk-targeted global balanced portfolio currently including equity, commodity, and fixed income ETFs from iShares, SPDR, and Vanguard that meet New Frontier’s asset class, quality, and diversified risk standards. Index performance is based on the multi-patented Michaud optimizer and investment management technologies.
New Frontier Advisors CEO Dr. Richard Michaud said the index represents the next step in the evolution of major financial indexes: an optimized multi-asset global risk-managed index for institutional and long-term investors.