NYSE Euronext introduces new Amsterdam equity indices

Jan 2nd, 2014 | By | Category: ETF and Index News

**ETF Portfolios Summit 2017 - Tuesday 16th May @ London Stock Exchange - REGISTER NOW**

NYSE Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (ICE), has expanded its range of indices with the introduction of two new Dutch equity products: the AEX All-Tradable Index and the AEX All-Tradable Alternative Weighting Index.

NYSE Euronext introduces new Amsterdam equity indices

NYSE Euronext has introduced a pair of new equity indices tracking companies listed in Amsterdam.

The indices are designed to act as an underlyings to exchange-traded funds (ETFs) and other index-linked investable products, such as structured products.

The AEX All-Tradable Index includes all constituents of the large-cap AEX, mid-cap AMX and small-cap AScX indices thereby enabling investors to track the performance of the 75 largest companies listed on the Euronext Amsterdam exchange.

As a variant on this index, Euronext has launched the AEX All-Tradable Alternative Weighting Index. This index also includes all constituents of the AEX, AMX and AScX indices, however the adjusted capping allows for a more uniform distribution of the weights among the various constituents.

George Patterson, Head of Euronext Indices, said: “Investors are now able to see at a glance the price movements of a broad sample of companies traded on the Amsterdam exchange. Moreover, the indices will provide the underlying value for new products and thereby offer new investment opportunities. We welcome this addition to our wide range of indices within the AEX family.”

Constituents of the AEX All-Tradable Index are weighted based on free float adjusted market capitalization and with an individual constituent cap of 15%.

The AEX All-Tradable Alternative Weighting Index also has the same free float market capitalization weighting method; however, the capping is adjusted to 9%. Furthermore, in this index the constituents that weigh more than 4.5% are subject to a maximum weight. Combined, these constituents can total a maximum of 36% on the date of review.

Both indices are available in price, net return and gross return formats.

Tags: , ,

Leave a Comment

More in ETF and Index News
Solactive launches global ethical low volatility index
Stoxx launches smart beta iStoxx Global ESG Select 100 Index

Stoxx, a leading European index provider and supplier of equity indices to exchange-traded funds (ETFs), has introduced the iStoxx Global ESG Select 100...

Stephen Cohen, head of fixed income beta at BlackRock
iShares outlines three scenarios for 2014 and the ETF strategies poised to benefit

The European investment strategy team at iShares has released its 2014 outlook, in which it outlines three possible scenarios for the global economy...