BME expands the IBEX® series with eight new tradable indices.
Four of them are linked to the current main indices IBEX MEDIUM CAP® and IBEX SMALL CAP® with total and net dividend returns. In addition, the calculation in real time of total and net return indices for the IBEX TOP DIVIDENDO® and FTSE 4GOOD IBEX® has begun.
Total Return Indices reinvest dividends in their index tracking portfolio. In this way, the calculation of this type of indicator incorporates the return of the dividends paid by the index constituents, which is then added to the price return. Thus, the performance in the total return index series is greater than in price index series.
The new IBEX® indices are:
- IBEX MEDIUM CAP® TOTAL RETURN
- IBEX MEDIUM CAP® NET RETURN
- IBEX SMALL CAP® TOTAL RETURN
- IBEX SMALL CAP® NET RETURN
- IBEX TOP DIVIDENDO® TOTAL RETURN
- IBEX TOP DIVIDENDO® NET RETURN
- FTSE 4GOOD IBEX® TOTAL RETURN
- FTSE 4GOOD IBEX® NET RETURN
These new indices are intended to serve as underlying assets for financial products, such as warrants, certificates and Exchange-Traded Funds (ETFs). These new indices provide investors with a broad range of investment strategies.