ERIX tracks the performance of European renewable energy companies that are active in either or several of the following six investment clusters: biofuels, geothermal, marine, solar, water, and wind.
The ERIX index selects the largest companies in the areas of renewable energy such as wind, solar, biomass and water energy. Each component has a minimum weight of 5%. The remaining weight is allocated according to market capitalization.
Companies which have the biggest share of revenues in either or several of these areas are eligible for inclusion in the index. The index members are the 10 largest and most liquid stocks from the list of eligible companies. ERIX is rebalanced every quarter and an index review takes place every six months.
The European Renewable Energy (ERIX) (TR - USD) (The “Index”) is the property of SG, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to maintain and calculate the Index. S&P® is a registered trademarks of Standard & Poor’s Financial Services LLC (“SPFS”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and these trademarks have been licensed to S&P Dow Jones Indices. “Calculated by S&P Dow Jones Indices Custom” and its related stylized mark(s) are service marks of S&P Dow Jones Indices and have been sublicensed for certain purposes by SG. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates shall be liable for any errors or omissions in calculating the Index. The financial instruments based on the European Renewable Energy (ERIX) (TR - USD) are in no way sponsored, endorsed, sold or promoted by RobecoSAM and RobecoSAM shall not have any liability with respect thereto. The compilation agreement between Société Générale and RobecoSAM is solely for their benefit and not for the benefit of the owners of any product linked to the European Renewable Energy (ERIX) (TR - USD) or any other third parties.