The QSG Retail Model assesses a retailer’s operating strength, same store sales & earnings expectations, store growth efficiency, short sentiment, management quality, price momentum and valuation & liquidity on a daily basis. The model currently covers approximately 300 retailers within specialty, textile, apparel and luxury goods, food/staples, internet/catalogue, multi-line retailer & restaurant segments. Historical backtests of the Retail Model indicate that the model would have outperformed the equal-weighted retail universe by an annualized average of 14% from Jan 1979-July 2006, ignoring transaction costs.