Stoxx Limited has licensed the Dow Jones Stoxx 50 Index to ETFlab Investment as the underlying fo...
Stoxx Limited has licensed the Dow Jones Stoxx 50 Index to ETFlab Investment as the underlying for a new ETF. The underlying index comprises the largest 50 blue-chip companies across 18 European countries, including Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the UK. The index, which is reviewed every September, uses a rules-based methodology and is weighed according to float-adjusted market capitalisation, with each component's weight capped at 10%. The ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes