Ocean Tomo Indexes
The transformation of the global economy to a knowledge economy has placed an unprecedented focus on companies’ intangible assets, including intellectual property assets: patents, trademarks and copyrights. The economic inversion in the relative importance of tangible assets to intangible assets experienced over the last three decades carries significant implications for the investment community.
Ocean Tomo is developing a suite of patent-based indexes and investable securities thereupon that provide investors, asset managers and financial advisors with compelling investment options and viable benchmarks. The indexes and securities are IP-centric: inclusion in an Ocean Tomo Index reflects corporate intellectual property value relative to traditional financial value. By constructing indexes and securities around the fundamental indicators of performance in the knowledge economy, Ocean Tomo Indexes and their related securities give the investment community access to, and benchmarks for, the leading asset of the knowledge economy, intellectual capital.
Ocean Tomo 300® Patent Index
The Ocean Tomo 300® Patent Index (AMEX: OTPAT), the first intellectual property index, represents a diversified portfolio of 300 companies with the highest Innovation Ratio [patent value/book value]. The American Stock Exchange recognizes it as “the first major, broad-based market equity index to be launched in 35 years, and follows the progression from the Dow Jones Industrial Average in 1896, to the Standard & Poor's 500 in 1957 and then to the NASDAQ Composite Index in 1971.”
Ocean Tomo 300® Patent Growth Index
The Ocean Tomo 300® Patent Growth Index (AMEX: OTPATG) is the financial industry’s first growth index based on the value of intellectual property, representing a portfolio of about 60 companies with the highest Innovation Ratio [patent value/book value]. The Index includes the top growth companies of the broad-market Ocean Tomo 300® Patent Index, as determined by the price-to-book ratio. The Index is diversified across market capitalization.
Ocean Tomo 300® Patent Value Index
The Ocean Tomo 300® Patent Value Index (AMEX: OTPATV) is the financial industry’s first value index based on the value of intellectual property, representing a portfolio of about 60 companies with the highest Innovation Ratio [patent value/book value]. The Index includes the top value companies of the broad-market Ocean Tomo 300® Patent Index, as determined by the price-to-book ratio, and is diversified across market capitalization.
Investment Professionals