ZURICH, Switzerland, April 20, 2009 (GLOBE NEWSWIRE) -- STOXX Limited, the leading provider of European equity indexes, today announced that the Dow Jones EURO STOXX 50, Dow Jones EURO STOXX Select Dividend 30, Dow Jones STOXX 50, Dow Jones STOXX 600, Dow Jones STOXX Small 200 and Dow Jones STOXX Mid 200 indexes have been licensed to Source, a new exchange traded product provider backed by Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley, to serve as the basis for six exchange-traded funds (ETF). The new ETFs will be available on Deutsche Boerse today.
"The Dow Jones STOXX indexes licensed by Source for their ETF lineup offer market participants a variety of choices to participate in the performance of the European market", said Ricardo Manrique, chief executive officer, STOXX Ltd. "The indexes' rules-based and transparent methodology make them superior tools to measure blue-chip, small- or mid-cap companies, dividend paying companies or follow an established benchmark."
The Dow Jones EURO STOXX Index series provides measures for the euro zone and represents the following 12 countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. The pan-European Dow Jones STOXX Index series covers companies in the following 18 countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
The Dow Jones EURO STOXX 50 and the Dow Jones STOXX 50 indexes represent 50 supersector leaders from the euro zone and Europe respectively. Both indexes are weighted by float-adjusted market capitalization, and each component's weight is capped at 10% of the index's total free-float market capitalization.
The Dow Jones STOXX 600 Index is designed to provide a broad yet liquid representation of large, mid and small capitalization companies. It comprises the Dow Jones STOXX Large 200, the Dow Jones STOXX Mid 200 and the Dow Jones STOXX Small 200 Indexes.
The Dow Jones EURO STOXX Select Dividend 30 Index consists of the highest dividend paying companies in the Dow Jones EURO STOXX Index. It is weighted by net dividend yield, with a component cap of 15%.
Further information on the Dow Jones STOXX Indexes is available at www.stoxx.com.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com
The STOXX logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2848