Index re-balancing in January 2022
Some changes to the index from AlphaPilot
Today we received an email from our AI algorithm that we nicknamed AlphaPilot, with an update on the re-balancing need for the index.
We decided to approve its suggestions, which comprise the changes in the table below. We are a little surprised by its addition of Estée Lauder (EL) which we consider to be somewhat overvalued, but agree with the algorith…