Wilshire Launches Two New Broad Market Target Income Indices

Wilshire Associates Incorporated, an independent, global advisory firm specializing in consulting services, investment products and technology solutions, today announced the launch of two new target income indices, the Wilshire TargetIncome 5% Plus Index and Wilshire TargetIncome 10-Year Treasury +2% Plus Index. The indices have been licensed to New York-based ETF provider Global X funds as the underlying benchmarks for the Global X TargetIncome 5 ETF (TFIV) and Global X TargetIncome Plus 2 ETF (TFLT), respectively, which began trading today. The new indices leverage a unique, structured approach to portfolio optimization intended to yield an income target that combines high diversification with the lowest risk necessary to achieve targets.