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STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced that it has been named “Most Innovative Index Provider” by ETF Express. This is the third consecutive year that STOXX has received this award, and the first time that any company has won an award in any category three times in a row. Award winners are chosen based on votes cast by readers of ETF Express. The newsletter’s readership consists of index and exchange-traded fund (ETF) users.
“Being the first company to win any award from ETF Express for three consecutive years is a great honor,” said Hartmut Graf, chief executive officer, STOXX Limited. “Being named most innovative index provider again also acknowledges our dedication to deliver state of the art index concepts. Recent additions to our index family that are highly innovative, include the STOXX Europe Maximum Dividend 40 Index, which represents those 40 companies out of the STOXX Europe 600 Index that have the highest expected dividend yield in the upcoming quarter; as well as the STOXX Global Rare Earth Index which tracks the performance of companies that generate at least 30 percent of their revenues in the growing rare earth sector.”
There are currently 291 ETFs based on STOXX, DAX and SMI indices, including the flagship EURO STOXX 50, STOXX Europe 600 Supersector and STOXX Select Dividend indices. As of July 2010, STOXX is the marketing agent for the indices of Deutsche Boerse AG and SIX Group AG.
Recent index launches by STOXX include the STOXX Europe Maximum Dividend 40, STOXX Global Rare Earth, iSTOXX World Select, iSTOXX Europe Minimum Variance and EURO iSTOXX 4 Supersectors Indices.
The STOXX Global Rare Earth and iSTOXX Europe Minimum Variance Indices also serve as the basis of ETFs:
For further information, please see www.stoxx.com.
