NYSE Euronext has launched 10 new net and gross return indices, ETF Express reports. The net return indices the AEX, AMX, AScX and PSI 20 have been launched, while the gross return indices have been launched for BEL Mid and BEL Small.
Both the index versions were also unveiled for the CAC 40 and AEX Equal Weight indices. For gross return indices, gross dividends declared by the index constituents are reinvested in the index, while for the net return indices, net dividends that are ordinary gross dividend minus the amount of withholding tax, are reinvested into the index.
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