STOXX Limited, a global index provider and creator of the leading European equity indices, today announced that the EURO STOXX Small Index has been licensed to Amundi ETF to underlie an exchange-traded fund. The AMUNDI ETF EURO STOXX SMALL CAP will be available at NYSE EURONEXT in Paris today.
"The EURO STOXX Small Index is a sophisticated and rules-based tool for market participants who wish to participate from the performance of those Euro zone small capitalization companies which are also included in the well known STOXX Europe 600 Index," said Hartmut Graf, chief executive officer, STOXX Limited.
Valérie Baudson, Managing Director of Amundi ETF added: "We continue to strengthen our presence on the European ETF market and increase our product offering to meet clients' demand. We announced the launch of two new ETFs today on NYSE Euronext Paris, including Amundi ETF EURO STOXX SMALL CAP and we are delighted to continue working with a high quality index provider such as STOXX Limited."
The EURO STOXX Small Index was launched on October 11, 1999. A subset of the STOXX Europe 600 Index, it represents approximately 100 small capitalization companies in the following 12 Euro zone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain. The index is weighted by free float adjusted market capitalization, and each component's weight is capped at 20% of the index's total free-float market capitalization.
The EURO STOXX Small Index is available in price and net return versions, and is calculated in euro and U.S. dollars. It is reviewed quarterly in March, June, September and December.
For more information on the EURO STOXX Small Index please visit www.stoxx.com.
