The Salient Trend Index, Salient Risk Parity Index and Salient Risk Parity + Index are the exclusive property of Salient Index Management, LLC, a subsidiary of Salient Partners, L.P., and are protected by copyright and other intellectual property laws. Salient Index Management, LLC, is responsible for the administration and calculation of the indices. It is the responsibility of each web site user to assess and satisfy themselves as to the merits of any of the indices and the suitability of any particular index for their purposes. Salient Index Management, LLC is not an investment adviser, and nothing herein contained constitutes financial or investment advice. All data and information is provided for information purposes only. All information has been carefully compiled to ensure maximum accuracy. However, we cannot guarantee and do not guarantee the accuracy of the information/calculations, nor the complete absence of errors and omissions. Any use of this material for the purpose of creating any financial product or service, for any reason, is strictly prohibited unless authorized exclusively in writing by Salient. Salient is the trade name for Salient Partners, L.P., which together with its subsidiaries provides asset management and advisory services.
The Salient Risk Parity Index is comprised of an equally risk-weighted portfolio of equities, commodities, global interest rates and credit. It employs 46 futures contracts and 6 credit default swap indices. The Index risk-weights the underlying assets at both the asset class and the sub-asset class level. The Index weights target a 10% standard deviation for the index as a whole, a risk level which is approximately equal to the long-run annual standard deviation of a typical portfolio consisting of 60% equities and 40% debt.