Start Even.
Let Winners Emerge.
A new approach to equity exposure that starts with equal-weight diversification, avoids forced rebalancing, and lets each vintage evolve over a defined 10-year life.
A ladder of vintages
Each fund starts evenly, runs for ten years, then liquidates at maturity.
Investors think they are buying “the market.”
The reality is different. Cap-weighted exposure can be heavily influenced by the largest companies. The current alternative equal-weight options require constant rebalancing away from winners.
Cap-weighted
Lets winners run, but can start investors with substantial exposure to yesterday’s largest winners.
Equal-weighted
Maintains diversification, but regularly trims winners and reallocates to laggards.
Vintage Equity Investing
Each Vintage 10 ETF starts evenly, allows positions to evolve naturally, and liquidates at the end of a defined 10-year term.
Equal-weight at inception
Invests equally across S&P 500 constituents at launch.
No rebalancing
Positions evolve naturally as the market determines outcomes.
10-year defined life
Each vintage runs for approximately ten years.
Liquidates at maturity
The portfolio closes at the end of the vintage term.
Build diversification across time.
New vintages can be added over time, giving investors exposure to multiple starting points and market environments without constant portfolio tinkering.
Rolling 10-year vintages
Every annual vintage has a defined start and maturity date.
A different way to own the market.
Most investors buy the S&P 500 after it is already concentrated in past winners. Vintage Equity starts evenly and lets the next decade’s winners emerge.
“Each year, you invest evenly across the S&P 500. Then you let it run for 10 years — no tinkering.”
Equity volatility
The strategy remains fully exposed to equity market risk.
Concentration may increase
Successful companies can become larger weights over time.
Vintage outcomes vary
Start dates and market cycles materially affect results.
Portfolio context matters
This complements, but does not replace, full asset allocation.