Process

How it works

Everything about how our indices are built and run, in one place: the four-step access flow, the full construction and rebalancing methodology, the governance behind it, and the live status of every transparency control.

Access

From discovery to reporting

Four steps from discovery to reporting. This is a regulated fund subscription from start to finish — tokenised shares are the infrastructure underneath it, not the product you buy.

Step 01

Discover

Browse the catalogue of tokenised thematic equity funds. Every fund publishes its methodology before you subscribe: the theme and why it matters, the selection and weighting rules, the target holdings, the risk profile and the fee structure. No black boxes — you can read exactly how the fund will behave before committing capital.

Step 02

Invest directly, or have your advisor, wealth manager or family office subscribe on your behalf. Funding works the way it always has: bank transfer or custody-account settlement. No wallet, no stablecoins, no crypto knowledge required. Shares are issued and safekept through regulated fund infrastructure.

Step 03

Track

Follow your holdings, NAV and corporate actions in one consolidated report. Because the share register is tokenised, settlement is faster, every movement is traceable end-to-end, and your assets are clearly segregated — with no private keys or wallets to manage.

Step 04

Rebalance

Each fund rebalances its basket on the calendar set out in its published methodology — no discretion, no surprises. Further subscriptions and redemptions run through the same standard fund channels, with the same documentation and custody arrangements as a traditional fund share.

Construction

Methodology — index rules

Our Dynamic 5/25 framework keeps each theme investable and disciplined: clear entry rules, scheduled reviews, and rebalancing triggered by drift rather than calendar dates.

Constituent selection

Each candidate must clear three screens: thematic purity, verified tokenised liquidity, and minimum size. The five highest-ranked names become core holdings. If the theme cannot meet these standards, we do not launch the index.

Reconstitution

Standard themes are reviewed twice a year; fast-moving themes every quarter. A name leaves if it loses liquidity, falls below size thresholds for two consecutive reviews, or no longer fits the theme. Replacements and promotions follow published rules, not discretion.

Weight rebalancing — the 5/25 rule

We trade only when weights drift too far: 5% absolute for core positions, 25% relative for satellites. This cuts turnover versus calendar rebalancing and lets winners run. The index stays fully invested; any cash sits at the product level, not inside the benchmark.

Composition rules

Each equity theme index targets 15 names: five core holdings at 60% with a 15% single-name cap, and ten satellites sharing the remaining 40%. The result is a concentrated but diversified thematic basket, not a bet on one or two stocks.

Oversight

Index governance

Our indices follow written, rules-based methodologies. We do not use personal judgement to pick constituents, except in a few narrow cases we disclose — for example a delisting, a corporate action, or a stock no longer being available in tokenised form.

Rules first

Our indices follow written, rules-based methodologies. Personal judgement enters only in narrow, disclosed cases — a delisting, a corporate action, or a share ceasing to be available in tokenised form.

Index Committee

A team inside Iceberg Finance, separate from the commercial side, reviews and approves every methodology change and every rebalance. Commercial interests stay out of index decisions.

Methodology changes

The methodology is reviewed at least annually. Editorial fixes need no announcement; substantive rule changes are announced in advance, and licensees get the opportunity to comment before they take effect.

Independence

We license our indices and technology to regulated asset managers and institutions. We do not run, market or sell any product that tracks our indices. Keeping index design separate from product distribution is core to how we work.

Benchmark principles

Our governance is built to follow internationally recognised benchmark standards, including the IOSCO Principles for Financial Benchmarks. We are not yet certified or formally assessed against them, and we say so plainly.

Status

Transparency — disclosure register

What is published today: the full rulebook and the indicative compositions. Anything not listed here is simply not published yet — no figures, names or dates are shown until they exist.

Control	Where we stand today
Index methodology	The full rulebook — selection, reconstitution, rebalancing, governance — is published for all seven indices, versioned.
Composition publication	Indicative target compositions for all seven indices are on each index page today, every line an identified ticker.