The FTSE Tradable Plus Index Series were launched to help overcome challenges, such as capacity issues in terms of order size and speed of implementation, when trading the small- and mid-cap European equity segments. These indexes were designed with considerable input from key investment banks and focus on liquidity, tradability and therefore reduced costs. In addition to providing access to, and hedging against, the performance of a wide range of dynamic and growing companies within Europe, the indexes include stocks with only the highest levels of liquidity for these segments. They are designed to allow index-based tradable vehicles, including exchange traded funds (ETFs), futures and other structured products to benefit from lower market impact and volatility exposure risks when trading index constituents.
Key Features and Coverage on RIMES
For this data source, RIMES hosts approximately 140 companies and two indexes (FTSE UK Mid Cap Tradable Plus Index, FTSE UK Mid Cap Tradable Plus Net Tax Index). Some of the data items available include:
- Index Items – Dividend Adjustment Factor, Divisor Factor in US Dollars, Gross Index, Market Capitalization, Next Day Constituent File Flag, Next Day Divisor in US Dollars, Next Day File Flag, Next Day Gross Index Divisor in US Dollars, Next Day Gross Index Market Capitalization in US Dollars, Next Day Market Value in US Dollars, Next Day Number of Constituents, Number of Constituents, Price Index, Year to Date Ex Dividend Adjustment, etc.
- Company Items – Adjusted Price, Adjustment Factor, Bloomberg Ticker, Cap Range Flag, Capping Factor, Country Code, Country Code (Source), Currency Code, Date of Portfolio, Dividend Per Share, Exchange Identification Code, Float Market Value, Free Float Factor, Gross Adjustment Factor, Index Map Symbol, Industry Level Code, Investable Factor, Investable Market Value in Local Currency, Investable Shares Outstanding, ISIN Code, Last Modified Date, Last Price Date, Local Code, Market Identifier Code, Market Value, Net Adjustment Factor, Net Return, Next Date of Portfolio, Reference Date, Sedol Code, Shares Outstanding, Source Investable, Source Market Value in Local Currency, Total Return, Tracker Change Code, Unadjusted Price, etc.