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BME expands its IBEX 35® index family

Bolsas y Mercados Españoles (BME) expands its IBEX 35® index family with three new tradable indices, all of which are based on the IBEX35®. The new indices, called IBEX 35® DOUBLE LEVERAGE GROSS, IBEX 35® DOUBLE LEVERAGE NET and IBEX 35® CAPPED NET RETURN will start to be calculated and disseminated in real time from May 19th…..


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  • The IBEX 35® DOUBLE LEVERAGE GROSS, which offers double exposure to the daily return on the IBEX35® TOTAL RETURN, through the investment of an initial capital plus an equivalent loaned capital. A positive daily return on the IBEX35® TOTAL RETURN yields an also positive return, but double that amount for the IBEX 35® DOUBLE LEVERAGE GROSS and viceversa.
  • The IBEX 35® DOUBLE LEVERAGE NET which offers double exposure to the daily return on the IBEX35® NET RETURN through the investment of an initial capital plus an equivalent loaned capital. A positive daily return on the IBEX35® NET RETURN yields a positive return, but double that amount for the IBEX 35® DOUBLE LEVERAGE NET and viceversa.
  • The IBEX 35® CAPPED NET RETURN incorporates the changes in the price of the index constituents as well as the return, net withholding tax, resulting from dividend payments and other shareholder remuneration. This index has the same composition as the IBEX 35® NET RETURN index, and the same index methodology is applicable, furthermore the individual weight of the securities will be limited to 18% in this index.

These new indices are intended to serve as underlying assets for financial products, such as certificates or Exchange-Traded Funds (ETFs). These new indices provide investors with a broad range of investment strategies.

Source: ETFWorld –  BME


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