Deutsche Börse is expanding its DAXglobal® international index family to include two new indices: the DAXglobal Agribusiness Index allows investors to invest in companies from the agricultural sector, while the new DAXglobal Nuclear Energy Index enables investments in the nuclear energy segment.
The DAXglobal Agribusiness Index tracks the performance of the world’s 40 leading agricultural firms. These companies must generate more than 50 percent of their sales revenue in the agricultural sector, while the stocks are selected on the basis of market capitalization and stock exchange turnover. The stocks in the index are chosen from the following agricultural sub-sectors: the keeping and processing of farm animals, the production of seed and fertilizer, diversified agricultural groups and the production and marketing of ethanol and biodiesel. The index is a response to the growing demand for higher quality agricultural products, as well as the increasing global demand for bioethanol, the production volume of which, according to a study by the Organization for Economic Cooperation and Development (OECD), is set to double over the next few years.
The DAXglobal Nuclear Energy Index contains the 40 largest and most liquid companies from the nuclear energy sector. The stocks are weighted on the basis of market capitalization and stock exchange turnover. The index tracks the following sub-sectors: energy production, the transport of nuclear material, uranium production, enrichment and storage, and the construction of nuclear power stations and nuclear facilities.
Both indices are adjusted on a quarterly basis and are calculated in EUR, USD and GBP. The composition is reviewed every year in September. Individual stocks are capped at 8 percent.
“We further expanded our DAXglobal family with two liquid and strictly rule-based indices that offer investors new opportunities to invest in changing and growing global industries”, said Hartmut Graf, Head of Issuer Data und Analytics at Deutsche Börse.
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