STOXX TRU Awarded “Best Index 2015” By ETF.com
Andreas von Brevern
Phone: +49 (0) 69 211 14284
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that its STOXX True Exposure index family, in short STOXX TRU, has been named “Best Index 2015” by ETF.com. The award was presented at a ceremony on Apr. 14, 2016 in London. Award winners were determined by a majority vote of independent ETF experts, making the results an accurate representation of the views of the industry.
“We are honored that our STOXX TRU index family has been named best index of 2015 by the renowned industry publication ETF.com. This award proves that our innovative index concepts serve the market’s needs,” said Matteo Andreetto, chief executive officer, STOXX Limited. “STOXX TRU is the first global offering that allows investments in predefined countries or regions by selecting companies that have a dominant economic exposure to the targeted area. These indices allow improved asset allocation and by that significantly limit the exposure to foreign currency and market risks.”
“The STOXX TRU Indices allow investors to separate where companies are physically located with where they are actually exposed to business risk. ETF.com is delighted to announce that in a rigorous selection and voting process STOXX TRU has been determined by our independent voting committee to be the ETF.com best index of 2015 in Europe,” said Jim Wiandt, founder of ETF.com.
As of Mar. 31, 2016, 256 ETFs globally with USD 97.5 billion in assets under management were based on STOXX and DAX indices. STOXX is the marketing agent for the indices of Deutsche Boerse since 2010.
For further information, please see www.stoxx.com.
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Andrea Weidemann, firstname.lastname@example.org, Phone: +41 58 399 3568
Lara Atkinson, email@example.com, Phone: +49 69 211 12977
Note to Editors:
About STOXX Limited
STOXX Ltd. is a global index provider, currently calculating a global, comprehensive index family of over 7,500 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, Europe, Asia/Pacific and sub-regions Latin America and BRIC (Brazil, Russia, India and China) as well as global markets.
To provide market participants with optimal transparency, STOXX indices are classified into three categories. Regular “STOXX” indices include all standard, theme and strategy indices that are part of STOXX’s integrated index family and follow a strict rules-based methodology. The “iSTOXX” brand typically comprises less standardized index concepts that are not integrated in the STOXX Global index family, but are nevertheless strictly rules-based. While indices that are branded “STOXX” and “iSTOXX” are developed by STOXX for a broad range of market participants, the “STOXX Customized” brand covers indices that are specifically developed for clients and do not carry the STOXX brand in the index name.
STOXX indices are licensed to more than 500 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds. Three of the top ETFs in Europe and approximately 25% of all assets under management are based on STOXX indices. STOXX Ltd. holds Europe's number one and the world's number two position in the derivatives segment.
STOXX is part of Deutsche Boerse Group, and markets the DAX indices. www.stoxx.com
STOXX, Deutsche Boerse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Boerse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Boerse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Boerse Group or their licensors, research partners or data providers.
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