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STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that its STOXX True Exposure index family, in short STOXX TRU, has been named “Best Index 2015” by ETF.com. The award was presented at a ceremony on Apr. 14, 2016 in London. Award winners were determined by a majority vote of independent ETF experts, making the results an accurate representation of the views of the industry.
“We are honored that our STOXX TRU index family has been named best index of 2015 by the renowned industry publication ETF.com. This award proves that our innovative index concepts serve the market’s needs,” said Matteo Andreetto, chief executive officer, STOXX Limited. “STOXX TRU is the first global offering that allows investments in predefined countries or regions by selecting companies that have a dominant economic exposure to the targeted area. These indices allow improved asset allocation and by that significantly limit the exposure to foreign currency and market risks.”
“The STOXX TRU Indices allow investors to separate where companies are physically located with where they are actually exposed to business risk. ETF.com is delighted to announce that in a rigorous selection and voting process STOXX TRU has been determined by our independent voting committee to be the ETF.com best index of 2015 in Europe,” said Jim Wiandt, founder of ETF.com.
As of Mar. 31, 2016, 256 ETFs globally with USD 97.5 billion in assets under management were based on STOXX and DAX indices. STOXX is the marketing agent for the indices of Deutsche Boerse since 2010.
For further information, please see www.stoxx.com.
