Neuberger Berman runs strategies like this, which have the potential for enhanced index
returns with around two-thirds of the volatility.
The reference indices from the Rogers International Commodity Enhanced index
family track the futures contracts with differing maturities in the following commodities: gasoline (petrol), precious and industrial metals, energy, natural gas, gas oil, heating oil and WTI oil.
AFMI chairman and AfDB vice president Charles Boamah commented at the time: "The ADBF aims to stimulate the development of African domestic bond markets through the provision of an innovative and efficient product in the form of an enhanced Index
Bond Fund to broaden investor's participation."
The indexed investment sector, including index mutual funds, enhanced index
funds, exchange-traded funds (ETFs), and closet indexers, has experienced rapid growth over the past two decades.
My data-points screening below indicates that of those 26 funds, none, not even one, was an Index Fund or an Enhanced Index
Fund, leaving all 26 as actively managed funds.
For clients that might consider a small cap fund, the Voth Nixon Group provides supplementary options which include: VNX Stock Selector Small Cap Fund (retail and Advisor share classes); VNX Small Cap Value (retail and Advisor share classes); VNX Small Cap Stock Fund; VNX Advisor Small Cap Fund; VNX Small Cap Growth Fund (retail and Advisor share classes); and VNX Small Cap Enhanced Index
investing based on goal programming.
These enhanced index
funds have an active component: They're designed to accentuate some attribute the fund sponsor believes will improve results.
Enhanced indexation or enhanced index
tracking, in the words of Canakgoz and Beasley (2008) "aims to reproduce the performance of a stock market index, but to generate excess return (return over and above the return achieved by the index)".
20 August 2013 -- German financial services firm Allianz's Minneapolis USA-based fixed index annuities provider Allianz Life Insurance Co of North America said it has launched two enhanced index
allocations offering additional choices for retirement accumulation.
Russell Indexes and IdealRatings have introduced the Russell-IdealRatings Islamic Index Series, a newly enhanced index
series for Shari'ah investors.
Some ETFs are managed actively, and others employ enhanced index
strategies, says Kaye; some use derivatives and some even employ leverage to achieve a particular return objective.