"This is an another important step for Dow Jones Indexes to establish the Dow Jones Industrial Average, the flagship index of our global index family, as the leading U.S. equity index underlying investment products globally," said Ridgely Walters, senior director of client development and sales for Dow Jones Indexes. "These two new mutual funds will allow Mexican investors for the first time in their home market to invest in the world's most widely recognized barometer of the United States equity market. We expect that these investment tools will attract many retail and institutional investors."
The mutual funds that are issued on the Dow Jones Industrial Average will be available exclusively in Mexico. It is the first time the Mexican regulatory office has approved investment products based on a non-Mexican equity index. The 30 stocks of the Dow Jones Industrial Average started trading at the Mexican Stock Exchange end of May 2003.
Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages, the Dow Jones Global Titans 50, the Pan-European Dow Jones STOXX Indexes, the Dow Jones Asian Titans 50, the Dow Jones Sector Titans 30 and the Dow Jones Country Titans Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information.
In addition to Dow Jones Indexes, Dow Jones & Company (NYSE: DJ; dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.
