FTSE Group (“FTSE”), the global index provider, announced today that it has licensed Lyxor Asset Management to use the FTSE 100, FTSE 250 and FTSE All-Share indices to create three new Exchange Traded Funds (ETFs), which listed on the London Stock Exchange this morning. This is the first time FTSE has licensed an issuer to use the FTSE All-Share index as a basis of an ETF.
Imogen Dillon Hatcher, Managing Director, FTSE Group commented: “The FTSE All-Share index includes the blue chip FTSE 100, the mid cap FTSE 250 and the FTSE SmallCap index. It offers investors a measure of the whole of London’s dynamic market in a single index, and is ideally suited to supporting ETFs.”
The FTSE All-Share Index is widely recognised as the best performance measure of the overall London equity market with the vast majority of UK-focused money invested in funds which track it. The FTSE All-Share accounts for 11.58% of the world’s equity market capitalisation. All three indices show impressive returns over recent years;
|
1
yr return |
3
yr return |
5
yr return |
FTSE
All-Share |
13.24% |
71.85% |
58.34% |
FTSE
100 |
11.67% |
61.05% |
48.94% |
FTSE
250 |
22.35% |
120% |
125.13% |
Product issuers are increasingly using FTSE indices as the basis for ETFs and other indexed derivative products. Worldwide, FTSE indices are already supporting 58 ETFs across a range of asset classes on stock exchanges such as LSE, NYSE/ Euronext, NASDAQ, and HKeX.
More information about FTSE’s suite of index products is available at www.ftse.com