Rules Amended for Power Dividend Index Family

07 Dec, 2015, 20:30 ET from S-Network Global Indexes, Inc. from ,W.E. Donoghue

BOSTON, Dec. 7, 2015 /PRNewswire/ -- To eliminate the potential for unnecessary turnover and transaction costs, the index will allocate to the portfolio of stocks defined on the announcement date for the underlying equity indexes as defined in VI(vi) of the relevant rule books rather than the existing portfolio of the underlying equity index in the event that a signal is generated following the announcement date and before the reconstitution date that requires a reallocation from short-term fixed income instruments into equities.

This rule change applies to the following indexes (developed collaboratively by W.E. Donoghue & Co, Inc. and S-Network Global Indexes, Inc.):

The W.E. Donoghue Power Dividend Index (PWRDXPX) 
The W.E. Donoghue Mid-Cap Power Dividend Index (PWRMDX) 
The W.E. Donoghue International Power Dividend Index (PWRIDX) 
The W.E. Donoghue Power Dividend Developed International Index (PWRIIDX)

More information about the indexes can be found at http://www.snetglobalindexes.com/index.

William B. Dowler 
Principal 
Investment Committee 
W.E. Donoghue & Co., Inc. 
629 Washington Street 
Norwood, MA 02062 
(800) 642-4276 x4222 
wdowler@donoghue.com

 

SOURCE S-Network Global Indexes, Inc.; W.E. Donoghue



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