22 June 2009 – NYSE Euronext (NYX) today announced the launch of two new equal weight indices based on the European national blue chip indices, the AEX and the CAC 40. The AEX Equal Weight and the CAC 40 Equal Weight are designed to be underlying for Exchange Traded Products (ETPs), by providing investors with an additional strategy of investing in NYSE Euronext blue chip securities.
All constituents of the equal weight indices will have the same weight at the review dates. This means that in the equal weight indices the stock with the smallest market cap in the underlying index will have the same weight as the stock with the largest market cap in this index. This offers investors a chance to invest in a proven equal size methodology.
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