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EURO iSTOXX 70 Equal Weight Decrement 5% Index Licensed To Natixis

Press Release

Andreas von Brevern

andreas.von.brevern@deutsche-boerse.com

Phone: +49 (0) 69 211 14284

Zurich | Jul. 06, 2016

Jul. 06, 2016

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STOXX Limited, the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that the newly launched EURO iSTOXX 70 Equal Weight Decrement 5% Index has been licensed to Natixis to be used as the basis for Structured Products. The new index replicates the performance of the EURO iSTOXX 70 Equal Weight Index while assuming a constant markdown.

“The EURO iSTOXX 70 Equal Weight Decrement 5% Index is based on a subset of the EURO STOXX and complements our smart-beta index offering,” said Matteo Andreetto, chief executive officer, STOXX Limited. “Our new index is a rules-based and transparent tool that does not only offer access to the 70 largest Eurozone companies by free-float market cap but applies strategies such as the equal weighting scheme and reinvestment of net dividends.”

Frederic Goasguen, head of index engineering, equity derivatives at Natixis’ Corporate & Investment Banking division, said: “We’re thrilled to license the EURO iSTOXX 70 Equal Weight Decrement 5% Index. This index will offer investors a unique investment solution  with the aim of prospering during a time of considerable market volatility. Together, we are uniquely positioned to drive more efficient, inventive and robust solutions for our clients across the equity sector.”

The EURO iSTOXX 70 Equal Weight Decrement 5% Index replicates the performance of the EURO iSTOXX 70 Equal Weight Index with net dividends being reinvested. The index comprises the 70 largest Eurozone stocks by free-float market capitalization of the EURO STOXX Index. The constituents are equal weighted. An annualized decrement of 5% is subtracted from the underlying index, according to the corresponding day-to-day year fraction. All index changes and adjustments of the base index are reflected, which is reviewed quarterly. The index is available in a price version and is calculated in euro. The base date is Nov. 19, 2014, with the base value set at 1,000. Daily historical data is available from Dec. 19, 2005.

 

Please visit www.stoxx.com for further information.

 

# # #

 

Media contacts:

Andrea Weidemann, andrea.weidemann@stoxx.com, Phone: +41 58 399 3568

Lara Atkinson, lara.atkinson@stoxx.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.

The EURO iSTOXX 70 Equal Weight Decrement 5% Index is subject to the STOXX Quality Charter.

 

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