CNBC, First in Business Worldwide, and FTSE Group, the award-winning global index company, are pleased to announce that the FTSE CNBC Global 300 Index has been selected as the basis for the newest Northern Trust Global Investments exchange traded fund, the NETS™ FTSE CNBC Global 300 ETF.
The FTSE CNBC Global 300, is an innovatively designed, transparent, rules-based index, reflecting global market performance across Developed and Emerging markets and all industry sectors. The index, which was jointly created by FTSE and CNBC in September 2006, has been utilized across the global CNBC television network as a transparent and objective way to enhance viewer’s understanding and analysis of markets worldwide.
The index is constructed to capture the 15 largest companies (by market capitalization) from Developed markets in each industry sector in the ICB classification system, as well as the 30 largest companies from the world’s rapidly growing emerging markets.
FTSE CNBC Global 300 Supersector Weighting:
|
18
SUPERSECTOR BREAKDOWN |
|
|
Oil
& Gas |
12.95% |
|
Technology |
11.77% |
|
Banks |
10.64% |
|
Health
Care |
9.31% |
|
Telecommunications |
7.01% |
|
Industrial
Goods & Services |
6.39% |
|
Basic
Resources |
6.18% |
|
Personal
& Household Goods |
6.06% |
|
Insurance |
4.84% |
|
Food
& Beverage |
3.90% |
|
Utilities |
3.81% |
|
Retail |
3.67% |
|
Chemicals |
3.14% |
|
Financial
Services |
2.92% |
|
Automobiles
& Parts |
2.36% |
|
Media |
2.34% |
|
Travel
& Leisure |
1.70% |
|
Construction
& Materials |
1.00% |
|
Total |
100.00% |
FTSE CNBC
Global 300 Regional Weighting:
|
REGIONAL
BREAKDOWN |
|
|
Europe
Middle-East & Africa |
34.71% |
|
Asia |
9.76% |
|
Americas |
56.03% |
|
Total |
100% |
Jerry Moskowitz, President, FTSE Americas, said “FTSE and CNBC are pleased to license the FTSE CNBC Global 300 Index to serve as the basis for the newest Northern Trust ETF, which can provide investors with exposure to the largest stocks representing all sectors from Developed and Emerging markets.”
“The FTSE CNBC Global 300 Index is an excellent way for CNBC to show broad market performance across a wide spectrum of sectors and companies in both developed and emerging markets” said Mark Hoffman, President of CNBC. “The index also gives asset managers an opportunity to create new global financial products to provide to their investors.”
