Dow Jones STOXX 50 Index has been licensed to ETFlab Investment GmbH to serve as the basis for an exchange-traded fund (ETF). The ETFlab DJ STOXX 50 will be available on Deutsche Boerse.
“The Dow Jones STOXX 50 Index methodology is rules-based and transparent, offering market participants an established and superior tool to measure the performance of the leading 50 European blue-chip companies,” says Ricardo Manrique, chief executive officer, STOXX Ltd. “The index complements the Dow Jones EURO STOXX 50 Index, which represents 50 blue-chip companies in the euro zone, and is already part of ETFlab’s product lineup.”
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