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STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced that the EURO STOXX 50 ex Financials Index has been licensed to Deutsche Bank AG to serve as the underlying for an exchange-traded fund (ETF). The db x-trackers EURO STOXX 50® ex Financials UCITS ETF (DR) will be listed on London Stock Exchange today, and become available on Xetra and Borsa Italiana in the next days.
“The EURO STOXX ex Financials Index offers market participants a tool to access the performance of leading Euro zone companies without exposure to the financial industry,” said Hartmut Graf, chief executive officer, STOXX Limited. “At the same time, the index is based on the superior and established methodology and composition of Europe’s favourite equity index.”
Launched on October 17, 2011, the EURO STOXX 50 ex Financials Index follows the same methodology as the underlying EURO STOXX 50 Index, but excludes all companies in the underlying index which are classified as ICB industry Financials (code 8000).
The EURO STOXX 50 ex Financials Index is reviewed together with the underlying index, and is available in price, net and gross return versions, and calculated in euro and U.S. dollar. Daily historical index values are available back to September 20, 2004.
Please visit www.stoxx.com for further information.
