MiniWIG20 is an index participation unit (IPU) based on WIG20 index and tracking its performance. This feature makes the investment in MiniWIG20 comparable to investment in a WIG20 index portfolio without, however, the necessity to actually purchase individual index components.
The underlying instrument - WIG20 is a price index covering 20 largest and most liquid WSE-listed companies.
IPUs are priced in zlotys (PLN) with the price of one unit being equal to 1/10 of the value of the index, thus making MiniWIG20 prices comparable to the price level of individual stocks.
MiniWIG20 main advantages
- investment in the index in one transaction substitute to buying the underlying WIG20 portfolio (no leverage for the buyer)
- possibility to make money both on ups (by buying MiniWIG20) and downs (by selling, i.e. writing MiniWIG20) of the market
- reduction of investment risk due to portfolio diversification
- easy exit for a buyer (two ways to close a position selling or exercising IPU)
- transparent pricing a clear relation between the IPU value and WIG20 index
- low transaction costs
MiniWIG20 trading
- trading hours: MiniWIG20 will be traded in continuous trading - from 9.00 to 16.10.
- applicable price variation limits: for opening, transaction and closing prices 10% of the reference price (previous day closing price).
More information on MiniWIG20 is available in the publication:
Trading Rules for Participation Units on the Warsaw Stock Exchange Index WIG20
