The S&P Global REIT QVM Multi-Factor Index Part I – Strategy Construction Process

In this blog (and in a subsequent post), we will introduce the S&P Global REIT Quality, Value & Momentum (QVM) Multi-Factor Index. This index integrates individual quality, value, and momentum factor scores into one composite and is designed to capture multi-factor equity premia. In essence, the strategy seeks to include companies with the following characteristics: solid financial strength combined with steady fund flow from operation (FFO) growth, attractive valuation, and lasting risk-adjusted momentum.

The S&P Global REIT QVM Multi-Factor Index is a rules-based, transparent index solution. In the following sections, we present the framework and strategy construction process.

Read the complete whitepaper now at the link below