FTSE partners with Research Affiliates® on the innovative FTSE RAFI™ Index Series. Index constituents are weighted using a composite of fundamental factors, including total cash dividends, free cash flow, total sales and book equity value. Prices and market values are not determinants of the index weights. Consequently the indices are less prone to excessive concentration arising from market fads, which can result in over-exposure to individual companies, sectors or countries.
The FTSE RAFI QSR (Research Affiliates Fundamental) Index Series weights index constituents using specific fundamental factors, rather than market capitalisation. Therefore at review constituent weights are not based on price valuations established by the market.
Key Features and Coverage on RIMES
For this data source, RIMES hosts approximately 8490 companies and 82 indices. Index coverage includes:
- FTSE RAFI All World, Canada, China, Developed, Emerging, UK, FTSE/JSE RAFI, etc.
Some of the data items available include:
- Company Items – Adjustment Factor, Cap Range Flag, Capping Factor, Closing Market Capitalization in US Dollars, Country Code, Currency Code, Dividend Per Share Gross, Dividend Per Share Net, Exchange Identification Code, Flag Advanced Emerging Universe, Flag Developed Universe, Flag Secondary Emerging Universe, Free Float Factor, Index Map Symbol, Industry Level, Investable Factor, Investable Market Value, Investable Shares Outstanding, Investable Weight, Investible Market Value, Large, Medium, Small Classification, Last Modified Date, Market Identifier Code, Market Value, Net Adjustment Factor, Net Investible Weight, Net Return Adjustment Factor, New Capping Factor, New Free Float Factor, New Industry Level, New Investable Factor, New Shares Outstanding, New Unadjusted Price in Local, Currency, Next Date of Portfolio, Raw Adjustment Factor (Source), Reference Date, Sedol Code, Shares Outstanding, Total Return Investible, Weight, Tradeable Instrument Display Mnemonic, Unadjusted Price, Weight in Index, etc.
- Index Items – Database Symbol (Source) – Net Index, Dividend Adjustment Factor, Gross Index, Hedged Return , Index Flag, Market Capitalization, Net Index, Number of Constituents, Price Index, Year to Date Ex Dividend Adjustment, etc.