Index provider Stoxx has launched the Eurostoxx 50 Dividend Points Futures index, which it has licensed to Lyxor to serve as the underlying for a new ETF.
The benchmark measures the performance of a hypothetical portfolio, in which an equal amount is invested into one to five year Eurex futures contracts, listed on the Eurostoxx 50 Dividend Points (DVP). DVP is a calculation product, providing pure dividend data of the Eurostoxx 50 index. The DVP was licensed to serve as the underlying for the Eurex futures contracts in June 2008. These futures contracts are fully collateralised with a daily investment into the Eonia (Euro Over Night Index Average) market. Interest earned from this collateralisation is re-invested into the futures po...
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