Dow Jones Indexes has rolled out three series of indexes designed to target various levels of volatility. The new index series are the Dow Jones Europe Titans 80 Volatility Risk Control Indexes, Dow Jones Eurozone Titans 80 Volatility Risk Control Indexes and the Dow Jones BRIC 50 Volatility Risk Control Indexes.
Each series involves four indexes aiming predetermined levels of market volatility by dynamically allocating between an underlying index and a cash component represented by the Euro OverNight Index Average. The indexes are weighted based on float-adjusted market capitalization.
Click here for the release from Globe Newswire.