STOXX Ltd. Licenses Dow Jones Euro STOXX 50 To Deutsche Bank For ETF In South Africa

STOXX Ltd., the leading European index provider, has licensed its most successful blue-chip index, the Dow Jones EURO STOXX 50, to Deutsche Bank as the underlying index for an exchange-traded fund (ETF) in South Africa. The Itrix DJ EURO STOXX 50 fund was listed at JSE Main Board on Monday. Itrix is a joint venture between the JSE limited and Deutsche Bank.

“The Dow Jones EURO STOXX 50 is an extremely attractive vehicle to access and participate in the performance of the Euro zone,” said Lars Hamich, managing director of STOXX Ltd. “Via its Itrix ETF, Deutsche Bank now offers South African investors—for the first time—the opportunity to get exposure to international markets using highly effective investment tools.”

The Dow Jones EURO STOXX 50 Index was launched 1998—even before the single European market was created. It is the first pan-European blue-chip index calculating the 50 biggest sector leaders in the Euro zone covering 12 European countries.

The Dow Jones EURO STOXX 50 is distributed on a real-time basis through major market-data vendors. Historical data on the Dow Jones EURO STOXX 50 index goes back to Dec. 31, 1986. The full list of components, including weightings and values of the Dow Jones EURO STOXX 50, is available at www.stoxx.com.