The STOXX Global Millennials Index is comprised of companies that stand to benefit from the rising spending power of the millennial generation. These businesses primarily use technology and have come up with innovative concepts like the sharing economy to cater to the needs of the more tech-savvy and value-driven millennials. As the income of the millennial generation stands to increase, these companies are well-positioned to benefit from this long-term trend.
Revere (RBICS) data allow a detailed breakdown of the revenue sources of the eligible companies, helping this index to select companies with substantial exposure to the millennials trend.
Furthermore, the index excludes companies that Sustainalytics considers to be in breach of UN Global Compact principles or to be involved with controversial weapons.
Index Guides, Benchmark statement, and other reports are available under the Data tab.