The new FTSE AIM Supersector Index Series will offer investors additional opportunities to invest in, and track the performance of AIM. It will highlight the wide range of sectors active on AIM and will allow investors, companies, and advisors to benchmark individual company performance against a wider sector measure. Over a 5 year period, the Oil & Gas, Financial Services, Basic Resources, Industrial Goods and Services, and the Travel and Leisure FTSE AIM Supersector Indices all outperformed the FTSE AIM All-Share.
Paul Grimes, Chief Operating Officer, FTSE Group, said:
“This is the first time the AIM market has ever benefited from sector-based provision. The FTSE AIM Supersector Index Series will allow investors to identify macroeconomic opportunities for investment as well as better attribution analysis and the identification of possible sectorial areas of interest.”
Martin Graham, Head of AIM at the London Stock Exchange, said:
“The introduction of the FTSE AIM Supersector Index Series is a significant step in the development of AIM as a mainstream asset class and is part of a series of initiatives to enhance AIM’s secondary market liquidity. This will further enhance AIM’s position as the world’s most liquid growth market. The AIM Supersector Indices will provide greater investor visibility and will enable the development of ETF and OTC products based on the sector indices.”
Calculation of the FTSE AIM Supersector Index Series will begin on Wednesday 3 May 2006. Full index constituents, factsheet and ground rules are available at www.ftse.com/aim
