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The WOWAX indices are two benchmarks of the
world watersector.
The WOWAX indices consist of the
30 largest companies in the fields of water utilities, water infrastructure and water treatment.
WOWAX is
an equally weighted benchmark, that is the weight of each member is set at 5% on quarterly basis.
WOWAXcw is
a market-cap weighted benchmark, with a cap at 10% so as to maintain an efficient diversification (i.e. no stock can weight more than 10% in the benchmark).
WOWAX indices are rebalanced every quarter and an index review takes place every six months.
The WOWAX indices are two benchmarks of the world watersector. The WOWAX indices consist of the largest companies in the fields of water utilities, water infrastructure and water treatment. WOWAX is an equally weighted benchmark on quarterly basis.WOWAXcw is a market-cap weighted benchmark, with a cap at 10% so as to maintain an efficient diversification (i.e. no stock can weight more than 10% in the benchmark). WOWAX indices are rebalanced every quarter and an index review takes place every six months.
The World Water CW (WOWAX cw) (USD - PR) (the “Index”) is the exclusive property of Societe Generale. Societe Generale has signed a contract with Solactive AG wherein Solactive AG undertakes to calculate and maintain the Index. The Index is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Level at any time or in any other respect.