ETFs to be Locally Listed on the Australian Securities Exchange…
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S&P Dow Jones Indices announced today that it has licensed three international indices to State Street Global Advisors to serve as the basis for SSgA ETFs to be
listed on the Australian Securities Exchange.
S&P Dow Jones Indices has licensed the following three indices to SSgA:
S&P Global Dividend Aristocrats index: Designed to measure the performance of the highest dividend yielding companies within the S&P Global Broad Market Index (BMI) that have followed a policy of increasing or stable dividends for at least ten consecutive years.
Dow Jones Global Select Real Estate Securities Index: The Index represents equity real estate investment trusts (REITs) and real estate operating companies (REOCs) traded globally. The indices are designed to serve as proxies for direct real estate investment, in part by excluding companies whose performance may be driven by factors other than the value of real estate.
S&P Emerging LargeMidCap index: Combining the S&P Emerging LargeCap and S&P Emerging MidCap indices, the S&P Emerging LargeMidCap comprises the stocks representing the top 85% of float-adjusted market cap in each emerging country globally.
“We are excited to further our existing relationship with SSgA through the licensing of these indices for ETF development,” says Guy Maguire Head of S&P Dow Jones Indices Australia. “Australian investors are now actively looking for greater global equity diversification and access to these indices will further support investor choice.”
Source: ETFWorld – S&P Dow Jones Indices
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