The Tokyo Stock Exchange begins calculating and publishing the TOPIX Total Return Euro Hedged Index to satisfy the market demands of capturing the return of currency-hedged indices.
TOPIX Total Return Euro Hedged Index is calculated by hedging beginning-of-period balances using rolling one-month EUR-JPY currency forward contracts. This calculation method is based on methodology of S&P Indices (Standard&Poor’s) and this index uses a hedge ratio of 100%.
[Overview of the TOPIX Total Return Euro Hedged Index]
Name of Index | TOPIX Total Return Euro Hedged Index |
Index Calculation |
More details are described in the Tokyo Stock Exchange Currency Hedge Index Guidebook.
Calculation Method |
Base Date / Base Valu | Wednesday , August 31, 2005 / 1,463.56 points |
Publication of the index | Daily closing price is published via Thomson Reuters (Code: .TOPXDVEH) and Bloomberg (Ticker: TPXDEH ?Index?). |
Historical index data |
calculated from September 1, 2005 (Historical data will be available as a fee liable service. Please contact Information Services Dept. (+81-3-3665-1749, historical@tse.or.jp) |