Clarification of Maintenance Methodology for All S-Network Equal Dollar Weighted Indexes
(New York, February 23, 2016) Effective immediately, the proceeds of spin-offs and special cash dividends will be reinvested directly in the affected company. This differs from the methodology employed by capitalization and factor weighted indexes, where the proceeds of spin-offs and special cash dividends are reinvested in the index constituents on a proportional basis.
This rule clarification applies to the following indexes published by S-Network:
·S-Network Sector Dividend Dogs Index (SDOGX)
·S-Network International Sector Dividend Dogs Index (IDOGX)
·S-Network Emerging Sector Dividend Dogs Index (EDOGX)
·S-Network Sector Leaders Index (SLDRX)
·S-Network Sector Low Volatility Index (SLOWX)
More information about the indexes can be found at http://www.snetglobalindexes.com.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. S-Network began publishing indexes in 2006 and currently publishes over 300 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. More...