Built on a Better Index...
Delivered as Direct Indexing
GMAM and Bloomberg Index Services asked a question nobody else was asking: what if you built the index right for direct indexing from the ground up — compact enough for advisors to explain, familiar enough for clients to understand, and disciplined enough to outperform the benchmarks it was designed to replace?
The answer is the Bloomberg Compact Index Series. 22 equally-weighted stocks. 11 equally-weighted sectors. 2 stocks per sector. Not a retrofit of a cap-weighted benchmark. A purpose-built index that demonstrably delivers a superior risk/return profile — and lends itself naturally to direct indexing in a way that 500-stock indices never could.
Three Ways to Put CompactDI to Work
Whether the priority is efficient market exposure, enhanced tax opportunity, or downside protection — CompactDI has a purpose-built solution.
Core Strategies
The Bloomberg Compact Index Series
Six Bloomberg Compact Index Portfolios
US Large Cap
International
Global
Emerging Markets
Innovation & Technology
Canada
Fixed Income note: GMAM also offers a tax-aware fixed-income sleeve, constructed with ETFs and available as a complement to any Core strategy. Individual security-level construction available for accounts of $5M or greater.
Tax Enhanced Strategies
Diversification+™ — Beyond Long-Only
Diversification+™ extends the CompactDI platform into long/short territory. The short positions introduce genuine non-correlation — a return stream that moves independently of the long portfolio, delivering diversification in the truest sense of the word.
The long/short structure also materially amplifies tax-loss harvesting opportunity. With positions moving in opposite directions simultaneously, loss-capture events occur with greater frequency and magnitude than a long-only portfolio can generate. The result: more tax alpha, more consistently.
Protected Strategies
Buffered — Compact Indexing with Downside Protection
One of the attractions of direct indexing or separately managed accounts (SMAs) is the ability to perform tax-loss harvesting and manage concentrated stock positions. For that reason, we look for opportunities every day, not just at the end of the year.
Additionally, just as we take a global or world view in investing, we respect your world view from a social values and religious perspectives, and will work with you to develop a meaningful portfolio.
Why CompactDI
Index Integrity
Every Core and Diversification+™ strategy is built on a Bloomberg Compact Index — co-developed by GMAM and Bloomberg Index Services Limited. The construction is rules-based, transparent, and governed by index methodology. There is no discretion in security selection. What you see is what the index says.
Tax Intelligence
Tax awareness is not a feature layered onto CompactDI. It is part of the architecture. Daily harvesting across all strategies. Amplified opportunity in the long/short structure. Tax-aware fixed income construction. The after-tax return is the return that matters, and every element of the platform is built with that in mind.
Structural Innovation
The investment management industry has treated direct indexing as a single product category. GMAM treats it as a platform. Core, Diversification+™, and Buffered represent three distinct structural approaches to the same underlying index methodology — giving advisors and institutional allocators the tools to meet a wider range of client objectives within a single, coherent investment framework.