Deutsche Boerse is expanding the DAXplus strategy index family further: since Monday, it has been calculating the DAXplus Minimum Variance and DAXplus Maximum Sharpe Ratio indices for Japan, the USA, Switzerland and France.
The new portfolio indices allow investors to benefit directly and systematically from the findings of the portfolio theory. Deutsche Brse is offering the world’s first strictly rule-based and easily replicable index innovation, which tracks passive risk/return-optimized investment strategies in a straightforward and cost-effective manner.
ABN Amro is issuing certificates on the new strategy indices for the countries Germany, Switzerland, Japan and the US.
“The DAXplus Minimum Variance and DAXplus Maximum Sharpe Ratio indices are revolutionizing the index landscape” says, Stefan Gresse, Head of Public Distribution Central Europe, Private Investor Products at ABN AMRO Bank N.V. “For the first time, the findings of modern portfolio theory have been applied to the country index system. Index back-calculations prove that the systematic application of the Minimum Variance or Sharpe Ratio criterion leads not only to an improved risk/return profile, but also to better index performance as against the relevant blue chip indices,”