STOXX Ltd. licensed its iSTOXX® American Century USA Quality Value Index to American Century Investments as an underlying for an exchange-traded fund (ETF)

Zurich, Switzerland/Kansas City, MO, USA, 16-Feb-2018 — /EuropaWire/ — STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, licensed its iSTOXX®American Century USA Quality Value Index to American Century Investments as an underlying for an exchange-traded fund (ETF).

“Our goal with the launch of American Century® ETFs is to provide innovative strategies that strive to deliver better outcomes for investors,” said Ed Rosenberg, Senior Vice President, Head of ETFs for American Century. “We are excited to be launching our first two ETFs, which we see as ‘core’ investments that can serve as a central, foundational component of a long-term portfolio.”

“We were pleased to launch this style index together with American Century Investments and to give U.S. investors access to this theme in the form of an exchange-traded fund. The objective of the iSTOXX American Century USA Quality Value Index is to invest in high quality companies in the STOXX USA 900 Index that have sound fundamentals and attractive valuation and in companies with sustainable income that are high dividend payers respectively,” said Matteo Andreetto, chief executive officer, STOXX.

The iSTOXX American Century USA Quality Value Index concept allocates dynamically to both a value and an income strategy. The allocation of the strategies is governed by a risk-adjusted momentum signal. The value strategy of the index is the iSTOXX American Century USA Value Index which aims at investing in quality companies with sound fundamentals and attractive valuation. The income strategy is the iSTOXX® American Century USA Income Index which aims at investing in quality companies with sustainable income and are high dividend payers.

Further information about the index

About STOXX Limited
STOXX Ltd. is a global index provider, currently calculating a global, comprehensive index family of over 7,500 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, Europe, Asia/Pacific and sub-regions Latin America and BRIC (Brazil, Russia, India and China) as well as global markets.

To provide market participants with optimal transparency, STOXX indices are classified into three categories. Regular “STOXX” indices include all standard, theme and strategy indices that are part of STOXX’s integrated index family and follow a strict rules-based methodology. The “iSTOXX” brand typically comprises less standardized index concepts that are not integrated in the STOXX Global index family, but are nevertheless strictly rules-based. While indices that are branded “STOXX” and “iSTOXX” are developed by STOXX for a broad range of market participants, the “STOXX Customized” brand covers indices that are specifically developed for clients and do not carry the STOXX brand in the index name.

STOXX indices are licensed to more than 500 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds. Three of the top ETFs in Europe and approximately 25% of all assets under management are based on STOXX indices. STOXX Ltd. holds Europe’s number one and the world’s number two position in the derivatives segment.

STOXX is part of Deutsche Boerse Group, and also markets the DAX indices.

STOXX, Deutsche Boerse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Boerse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Boerse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Boerse Group or their licensors, research partners or data providers.

Further information

STOXX website

SOURCE: Deutsche Börse Group

Contact

Media relations
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+49-(0) 69-2 11-1 15 01
media-​relations@​deutsche-​boerse.com

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