Down/Up Equity Trust Securities (duETS) were designed to enable institutional investors to quickly and easily gain investment exposure to and receive market-level returns in respect of commercial real estate. duETS are tied to the change in a particular underlying index value over a certain two-year period, ending at a future point in time, the Valuation Date. Each series of the Global Index Group Real Estate Trust (the “Trust”) issues two classes of equity securities, Up Securities and Down Securities. The number of Up Securities and Down Securities in each class is always equal. At the Valuation Date, by formula, the dollar gains in the Down securities are mirrored by losses in the Up securities, and vice versa.
We believe the first series of distinctive investment strategies or one of the world’s largest illiquid asset classes—U.S. commercial real estate.
duETS are developed and sponsored by Global Index Group (GIG), Inc., a company led by senior executives with more than 60 years of combined experience in indexing, financial analytics and distribution. The GIG management team has studied other products with similar characteristics and designed a new, patent-pending structure for duETS that are expected to be both flexible and sustainable.