Vestmark Inc. is launching six direct-index, separately managed account (SMA) strategies called Focused Index Portfolios in collaboration with S&P Dow Jones Indices, and licensing select equity benchmarks from the index provider.

The wealth management software and services provider will make the SMAs available through its Vestmark Manager Marketplace.

Three SMA strategies are based on new, custom indices from S&P Dow Jones Indices that select constituents from the large-cap S&P 500 Index and the S&P 500 Catholic Values Index, according to Wakefield, Massachusetts-based Vestmark.

The indexes are constructed to measure the performance of a subset of securities from an underlying index.

Current SMA strategies based on the new indices are available now through Vestmark and include: the S&P 500 Focused 100 VAST Portfolio, S&P 500 Focused 50 VAST Portfolio and S&P 500 Catholic Values Focused 100 VAST Portfolio.

The remaining three strategies are based on existing indices that focus on dividend-payers, ESG and international developed markets: the Dow Jones U.S. Dividend 100 VAST Portfolio, S&P 500 ESG Elite VAST Portfolio and S&P Developed Markets 100 ADR xUS VAST Portfolio.

The six strategies have investment minimums as low as $100,000. The strategies also enable advisers to choose certain stock exposures, such as Vestmark’s strategy based on the Dow Jones U.S. Dividend 100 Index, comprised of large-cap stocks.