The Vienna Stock Exchange launched three new indices today: ATX Net Total Return (ATX NTR), CECE Net Total Return (CECE NTR) and RDX Net Total Return (RDX NTR). All three indices are so-called net dividend indices: these are capitalization-weighted performance indices in which the net dividend (gross dividend after deducting any country-specific taxes and charges) is reinvested. This means that the indices reflect the complete development of the value of the underlying stock portfolios. The composition of the new indices corresponds to those of the ATX, the CECE Composite and the RDX.
The ATX Net Total Return is calculated and published by Wiener Börse AG in real time in EUR; the CECE Net Total Return and RDX Net Total Return are calculated and published in real time in EUR as well as in USD. The indices are designed as tradable indices and are used as underlyings for structured products as well as for standardized derivatives (futures and options).
With these three new net dividend indices, the Vienna Stock Exchange has enlarged its range of products to a total of 52 indices, with 41 of the indices tracking the national, regional and sector developments in the CEE/CIS region.