In a significant expansion of its European suite of offerings, Dow Jones Indexes today announced the launch of new dividend-focused and real estate indexes.
The eight additions are the latest in Dow Jones Indexes’ succession of new market barometers underscoring the global index provider’s revitalised commitment to a region as reflected by the theme of its new marketing campaign: “Focus Europe”. Beginning today, Dow Jones Indexes plans to roll out a series of strategically targeted “Focus Europe” print and online advertisements in European indexing and structured products trade publications in addition to placing related displays on its website.
So far in 2011, Dow Jones Indexes has unveiled for the European markets two volatility index series on September 13: the Dow Jones Europe Volatility Risk Control Indexes and the Dow Jones Eurozone Volatility Risk Control Indexes; and two blue-chip indexes on June 20: the Dow Jones Europe Titans 80 Index and the Dow Jones Eurozone Titans 80 Index.
The indexes launched today include:
- Dow Jones Europe Select Dividend 30 Index;
- Dow Jones Eurozone Select Dividend 30 Index;
- Dow Jones Europe Select Dividend 30 Distributing Index;
- Dow Jones Eurozone Select Dividend 30 Distributing Index;
- Dow Jones France Select Dividend 20 Distributing Index;
- Dow Jones Germany Select Dividend 20 Distributing Index;
- Dow Jones Europe Developed Markets Select Real Estate Securities Index; and
- Dow Jones Europe Developed Markets Select REIT Index
The Dow Jones Eurozone indexes and the Dow Jones Europe indexes both measure the performance of leading stocks that trade in the developed markets of these regions. All of the new indexes are designed to serve as the underlying instruments for investment products such as mutual funds and exchange-traded funds (ETFs) and as benchmarks.
“The launch of these new indexes provides a broader assortment of financial measurement tools for investors seeking to make thoughtful decisions about market opportunities in Europe,” said Michael A. Petronella, President, Dow Jones Indexes. “By expanding our suite of offerings in this vital region, Dow Jones Indexes has once again demonstrated that the potential for growth in Europe remains a critical component of our strategic business plan.”
Dow Jones Europe Select Dividend 30 Index
Dow Jones Eurozone Select Dividend 30 Index
The Dow Jones Europe Select Dividend 30 Index and the Dow Jones Eurozone Select Dividend 30 Index measure the performance of 30 of the highest dividend-yielding European stocks in the respective regions.
A leader in the dividend-index space, Dow Jones Indexes was the first major index provider to offer a dividend-based index – the Dow Jones U.S. Select Dividend Index. In addition to the Dow Jones U.S. Select Dividend Index, several other indexes in the Dow Jones Select Dividend Index family are licensed as the basis for ETFs.
The indexes can be particularly appealing in times of uncertain market conditions, when investor interest in dividend-paying companies tends to grow. Further, Dow Jones Indexes goes beyond basing the selection of stocks for these gauges entirely by dividend yield as it integrates other key indicators of dividend quality and company health into the indexes’ methodology.
Dow Jones Europe Select Dividend 30 Distributing Index
Dow Jones Eurozone Select Dividend 30 Distributing Index
Dow Jones France Select Dividend 20 Distributing Index
Dow Jones Germany Select Dividend 20 Distributing Index
The Dow Jones Europe Select Dividend 30 Distributing Index and the Dow Jones Eurozone Select Dividend 30 Distributing Index are versions of the Dow Jones Europe Select Dividend 30 Index and the Dow Jones Eurozone Select Dividend 30 Index, respectively, while the two individual country indexes are versions of the Dow Jones France Select Dividend 20 Index and the Dow Jones Germany Select Dividend 20 Index.
The first of its kind, this series is designed to provide enhanced transparency into a base index's price performance and its accumulated distributed dividends. The index methodology couples the performance of a base equity index (calculated in price return) with a theoretical cash component designed to reflect the cumulative regular net cash dividends paid by the constituents of the base index. The distributing indexes reflect distribution of the accumulated cash (i.e., a deduction) on a semi-annual basis.
Dow Jones Europe Developed Markets Select Real Estate Securities Index
Dow Jones Europe Developed Markets Select REIT Index
The Dow Jones Europe Developed Markets Select Real Estate Securities Index (RESI) represents equity real estate investment trusts (REITs) and real estate operating companies traded in the developed markets of Europe. The index differs from other real estate indexes in that it is designed to serve as a proxy for direct real estate investment. This is accomplished through an index methodology that seeks to exclude companies whose performance may be driven by factors other than the value of real estate. The Dow Jones Europe Developed Markets Select REIT Index is a subset of the RESI index, covering only REITs.
