Brussels, October 19, 2017 – Reitsmarket, a specialist boutique in the field of global REITs solutions, is very pleased to announce the launch of two smart beta indices in the global REITs space, the Euronext Reitsmarket Global Conviction Index and the Euronext Reitsmarket Global Balanced Index.
These indices offer liquid access to the global REITs market and exposure to an investable portfolio of 30 and 40 REITs respectively. Both indices are designed to track listed real estate securities worldwide and are using a multi-factor ranking methodology and risk optimization techniques for the selection of the portfolio constituents. The multi-factor approach for the selection of REITs combines a wide range of indicators having valuation, fundamental, growth, or momentum characteristics. The portfolio will be allocated towards the major real estate developed regions of the world, namely North America, developed Europe and developed Asia Pacific.
Euronext N.V. – the leading pan-European exchange in the Eurozone and a leading provider of index solutions – is the Administrator of the index and is responsible for its day-to-day management and dissemination.
“We believe the market lacks liquid solutions in the global REITs space, beyond often illiquid benchmarks. Our Reitsmarket indices will fill this demand and will offer additional diversification to investment portfolios.” said Benedict Peeters, CEO of Reitsmarket, explaining the advantages of the Reitsmarket indices. “We are very pleased to have collaborated with Euronext on the launch of these new innovative tools for investors”
The Euronext Reitsmarket Global Conviction Index and the Euronext Reitsmarket Global Balanced Index are calculated as price return, net return and decrement indices and are denominated in euro without any currency hedge. The indices will be rebalanced monthly and will follow an equal weighting scheme.
If you would like more information about this topic, please visit www.reitsmarket.com or contact Reitsmarket
Reitsmarket is a Luxembourg specialist boutique offering global quantitative and algorithmic REITs related research, specific REITs market advisory and smart indexation. Reitsmarket was founded by Rego Partners, a Belgium based financial boutique owned by Benedict Peeters and Christophe Pecoraro, two financial experts. Reitsmarket provides tailor-made financial research solutions and services for institutional clients within the global REITs market, generally designed with the purpose to add portfolio stability and the aim to enhance return over long-term periods.
The indices are administered by Euronext N.V. and the intellectual property of Rego Partners and its subsidiary Reitsmarket which has contracted Euronext N.V. to administer and calculate the Index. Euronext N.V. will use its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards Rego Partners, Euronext N.V. has no obligation to point out errors in the Index to third parties.
Index returns do not represent actual fund or portfolio returns. A fund or portfolio may differ significantly from the Index. The Index does not reflect any management fees, transaction fees, brokerage expenses, or other expenses that may reduce returns. Index returns may assume that dividends have been excluded. Investors cannot invest directly in the Index.
There are risks associated with investing, including the possible loss of principal.
For more information about the Index and the associated risks, we refer to the Index’ rulesbook.
Sources of all data: Bloomberg and Dow Jones.