Following market consultation, EuroMTS clarifies that the selection criteria of its indices will not be…
altered to include a ratings-based rule for those indices that currently do not include such a ratings rule.
Consequently, the selection criteria for the EuroMTS Index (ex-CNO Etrix), the EuroMTS Broad Index and the EuroMTS Inflation-Linked Index, amongst others, will not be modified to include ratings criteria. These indices will continue to track the eurozone sovereign sector.
EuroMTS will launch a new range of eurozone sovereign indices that do include investment grade requirements as a separate product.
Source: ETFWorld – EuroMTS
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