The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) introduced the Wilder NASDAQ OMX Global Energy Efficient Transport Index(sm) (Nasdaq:HAUL). The Index is a modified equal weight index designed to define and track companies internationally that develop and promote innovative, energy efficient modes of transportation and stand to benefit from a transition towards more energy efficient transportation.
The Wilder NASDAQ OMX Global Energy Efficient Transport Index is the latest in a series of international indexes launched by NASDAQ OMX Global Financial Products (NGP) and is a continuation of NASDAQ OMX's commitment to designing and calculating world-class indexes.
"The Wilder NASDAQ OMX Global Energy Efficient Transport Index will provide investors with a benchmark to track the performance of companies engaged in the promotion and development of energy-efficient transportation technologies that benefit consumers, the environment and the international economy," stated NASDAQ OMX Executive Vice President John Jacobs.
Robert Wilder, CEO of Wilderhill Transport Index LLC, said, "Better energy efficiency in transportation is a theme too long overlooked, and I'm delighted to play a role here in making a thematic basket of stocks available as the HAUL Index(tm) that aims to capture an increasingly vibrant sector."
The Wilder NASDAQ OMX Global Energy Efficient Transport Index is calculated in real-time across the combined exchanges and is disseminated in dollars. The index began calculating on August 25, 2008 with a value of 250.00. The Index is currently comprised of 40 components with an approximate market capitalization of $390 billion. Components must meet certain quantitative requirements designed to assure that financial products linked to the Index will be fully investable.
