The construction of the Index originally used 3-month USD LIBOR. In connection with the discontinuation of such rate, Credit Suisse International ratified amendments to the index methodology (the customer notice can be found here). Following January 3, 2022, the Index methodology will use, as a replacement to 3-month USD LIBOR, the sum of (i) the Secured Overnight Financing Rate (SOFR) and (ii) a spread that will progress from 0.10% to 0.26% through June 30, 2023. Following July 3, 2023, the Index methodology will use the sum of (i) SOFR and (ii) a spread of 0.26%.

The Credit Suisse Tech Edge Index is a rules-based multi-asset index that offers exposure to four equity ETFs known for their focus on innovation and technology. The Index implements a strategy that combines exposure to U.S. equities and fixed income and seeks to adapt to various market conditions. The Index also applies a bespoke volatility control mechanism designed by Salt Financial to identify changing market conditions using intraday data.

On the 5th of January 2024, CSI transferred its role as Index Sponsor to UBS AG, London Branch, and the Index was renamed to UBS Tech Edge Index. The consultation documents describing the amendments to the Index methodology are available here.

The Performance data published on this Credit Suisse website won't be updated beyond the 5th of January 2024. More recent Index information can be found here.

Index At A Glance

  • Balanced:
    A diversified range of components across equities and fixed income affording exposure to multi-asset opportunities
  • Technological Edge:
    An equity focus on the potential further growth of the technology and biotech sectors
  • Risk Focus:
    A risk-balanced equity strategy and a daily risk control mechanism intended to stabilize the overall level of risk of the Index
  • Innovative:
    A state-of-the-art technology relying on intraday analysis to dynamically adjust the exposure to equity, aiming at navigating changing market conditions

Key Characteristics

Bloomberg Ticker CSEATEDG <Index>
Category Dynamic Asset Allocation
Return Type Excess Return (it reflects the return of components net of the cost of funding)
Currency USD
Live Date January 14, 2021
Index Calculation Fees 0.5% p.a. deducted daily
Asset Class U.S. Multi-Asset

Please refer to the Risk Factors for additional information on the Index.