Six Dow Jones STOXX Indexes to Underlie Exchange-Traded Funds
* Reuters is not responsible for the content in this press release.
ZURICH, Switzerland, April 20, 2009 (GLOBE NEWSWIRE) -- STOXX Limited, the
leading provider of European equity indexes, today announced that the Dow Jones
EURO STOXX 50, Dow Jones EURO STOXX Select Dividend 30, Dow Jones STOXX 50, Dow
Jones STOXX 600, Dow Jones STOXX Small 200 and Dow Jones STOXX Mid 200 indexes
have been licensed to Source, a new exchange traded product provider backed by
Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley, to serve as the
basis for six exchange-traded funds (ETF). The new ETFs will be available on
Deutsche Boerse today.
"The Dow Jones STOXX indexes licensed by Source for their ETF lineup offer
market participants a variety of choices to participate in the performance of
the European market", said Ricardo Manrique, chief executive officer, STOXX Ltd.
"The indexes' rules-based and transparent methodology make them superior tools
to measure blue-chip, small- or mid-cap companies, dividend paying companies or
follow an established benchmark."
The Dow Jones EURO STOXX Index series provides measures for the euro zone and
represents the following 12 countries: Austria, Belgium, Finland, France,
Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and
Spain. The pan-European Dow Jones STOXX Index series covers companies in the
following 18 countries: Austria, Belgium, Denmark, Finland, France, Germany,
Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal,
Spain, Sweden, Switzerland and the United Kingdom.
The Dow Jones EURO STOXX 50 and the Dow Jones STOXX 50 indexes represent 50
supersector leaders from the euro zone and Europe respectively. Both indexes are
weighted by float-adjusted market capitalization, and each component's weight is
capped at 10% of the index's total free-float market capitalization.
The Dow Jones STOXX 600 Index is designed to provide a broad yet liquid
representation of large, mid and small capitalization companies. It comprises
the Dow Jones STOXX Large 200, the Dow Jones STOXX Mid 200 and the Dow Jones
STOXX Small 200 Indexes.
The Dow Jones EURO STOXX Select Dividend 30 Index consists of the highest
dividend paying companies in the Dow Jones EURO STOXX Index. It is weighted by
net dividend yield, with a component cap of 15%.
Further information on the Dow Jones STOXX Indexes is available at
www.stoxx.com.
Journalists may e-mail questions regarding this press release to
PR-Indexes@dowjones.com
The STOXX logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=2848
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CONTACT: Dow Jones Indexes/STOXX press offices:
New York:
+1-212-597-5720
Frankfurt:
+49-69-29725-290
Hong Kong:
+852-800-969-336
Singapore:
+65-6-4154-299
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