TILT

TILT offers an alternative take on the US equity market, holding a broad portfolio of companies of all sizes with an increased exposure to small-cap securities having lower valuation. The selection universe comprises of US-listed stocks that meet the liquidity screens, as defined by the index methodology. All eligible securities will then be designated as core, growth or value based on factors such as price-to-book and price-to-earnings ratios. The fund uses the size and value factors to determine a security's "factor tilt” to adjust constituent weights. The fund utilizes its factor tilt strategy by overweighting its small-cap value constituents as compared to the large-cap growth stocks. Index reconstitutes semi-annually and rebalances quarterly.