TWCX Launches All Commodity Index
The www.TWCX.org recently introduced the TWCX All Commodity Index. This is the
second in the series of non-market cap-weighted index in the Hong Kong market.
This new
addition to the TWCX index family is
sure to attract great interest from investors and lead to a number of new
financial products.
TWCX All Commodity Index is based on the philosophy
that moves away from the traditional price-based market cap weighted design. The
investment concept is based on the Fundamental Indexation method that relies on
four fundamental measures – cash flow, sales, book value and dividends paid
rather than market capitalization.
“The TWCXAll Commodity Index gives the investing community an alternative view of the market to base their investment decisions on,” comments Ana Tai-Jim, the TWCX’s Senior General Manager, Information Products Sales Division “The index cuts to the inner workings and value of an organization, rather than judging a company solely on the Commodity price”
Considered by
some financial experts to be great hybrid between active and passive fund
management, the Fundamental Indexation method is gaining great popularity in Asia.
“The main reason behind the concept appeal is that it avoids market sentiment
by not taking the Commodity price into account, which goes some way to strip
out volatility,” comments Mrs. Tai-Jim. “This is especially relevant now as
investors are exposed to increased levels of volatility and look for diversity
in their investment direction.”
The index is
suitable for the creation of financial products, such as index funds, warrants,
certificates and Exchange Traded Funds (ETFs).
TWCX Index
products, both Live and End of day Information will be available for
subscription by all market players.
About TWCX
Taiwan Commodity
Exchange (TWCX.org)
is a world class commodities exchange based in Taipei. It has operated as a
market place for the trading of financial products to connect buyers and
sellers in four different markets: commodities, equities derivative, foreign
currency trading and interest rate products.
TWCX is one of the top exchanges in the
world in terms of Market Capitalization. TWCX
is the market of choice for local and international investors looking to gain
exposure to the leading capital markets in Southeast Asia and the broader Asian
continent.
http://twcxorg.blogspot.de/2014/05/twcxorg-launches-all-commodity-index.html
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