Summary
The iSTOXX® Global Economic Growth Select 50 Index aims at investing in liquid, low volatility and high dividend stocks from the STOXX® Global 1800 Index.
The component selection process first excludes all companies which are in contravention of UN Global Compact Principles or are involved in controversial weapons activities, as identified by Sustainalytics. As a next step, all stocks whose 3-month average daily traded volume (ADTV) is below USD 3 million are excluded, followed by the exclusion of the stocks with the highest 3- or 12-month historical volatilities. Among the remaining stocks, the 50 stocks with the highest 12-month historical dividend yields are selected to be included in the index.
The constituents are weighted according to a normalized gross domestic product (GDP) score whereby companies with the highest exposure to countries with the highest estimated economic growth (according to the IMF) receive the largest weight. There is a country-level and individual-level cap.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
PCCW | HK |
HKT TRUST & HKT | HK |
TELENOR | NO |
ZURICH INSURANCE GROUP | CH |
KINDER MORGAN | US |
AT&T Inc. | US |
REPSOL | ES |
Redeia Corporacion | ES |
Altria Group Inc. | US |
GAMING AND LEISURE PROPERTIES | US |