Wiener Borse News
RDX USD and EUR to compy with UCITS III regulation
Date: 21.03.2011
Wiener Börse AG, the leading index
provider in the CEE & CIS region, today announces that as of March 21, 2011 the Russian
Depositary Index in EUR and USD (RDX EUR and RDX USD) and all related indices will comply with
UCITS III regulation.
The upcoming conversion of the index
methodology of RDX EUR and the RDX USD according to UCITS III regulation represents an important
milestone and enhances the quality of the indices so that they become a more attractive investment
tool.
For Wiener Börse AG it is very
important, that its indices are easily accessible and attractive for a broad range of investors,
thus this step will help to allow more passive investment forms to follow the RDX EUR and the RDX
USD.
To ensure compliance with UCITS III
standards the weighting caps of the index constituents, 25% for the highest weighted stock and 20%
maximum weight for all remaining stocks in the index, are reviewed on a quarterly basis.