The SPI Multi Premia Index Family comprises seven SPI Single Premia Indices and one SPI Multi Premia Index with the goal
of diversification over several sources of return. The underlying securities universe is based on the SPI.
The leveraged indices encompass leverage, short and short leverage indices based on equity
and bond indices as the underlying instruments. By publishing leveraged indices, SIX Swiss Exchange
enables investors to replicate investment strategies in a transparent, rule-based and cost-efficient
The VSMI model has the objective of making it possible to trade pure volatility. To accomplish
that, the index reflects a portfolio that does not react to price fluctuations but rather only
to changes in volatility.