The NASDAQ OMX Government Relief Index(sm) enables investors to track the performance of U.S.-listed securities that are participating in U.S. government sponsored relief programs such as the Troubled Asset Relief Program (TARP) or other direct government investments.
The Index is the first of the Government Relief Index Series that NASDAQ OMX. It will be launched in the coming weeks. The NASDAQ OMX Government Relief Index includes companies across multiple industry groups that have received a direct investment from the U.S. Government greater than $1 billion.
The Index is calculated in real-time across the combined exchanges and is disseminated in dollars. The index began calculation with a value of 1000.00 on 5 January 2009.
“This Index allows taxpayers and other investors to measure the performance of U.S. companies that are participating in the government’s financial relief plan,” says John Jacobs, executive vice president, NASDAQ OMX. “We believe the NASDAQ OMX Government Relief Index will be useful in helping investors evaluate the government’s investments and the impact of the relief plan on the economy during this period of historical significance.”
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