Main characteristics
| Bloomberg Code | URAXP |
|---|---|
| Inception Date | 30/11/2006 |
| Return Type | Price Return |
| Currency | EUR |
| Calculated By |
|
| COMPOSED_BY | Dow Jones |
Objective
The World Uranium index (URAX) aims to reflect the development of the uranium mining and processing sectors. Urax consists of the 10 largest global companies operating in the fields of uranium mining or processing. Index components are ranked according to their free-float market capitalisation and market liquidity. Index components are re-weighted on quarterly basis, each to at least 5% and at most 15%.
Mechanism
Urax consists of the 10 largest global companies operating in the fields of uranium mining or processing. Index components are ranked according to their free-float market capitalisation and market liquidity. Index components are re-weighted on quarterly basis, each to at least 5% and at most 15%.The World Uranium (URAX) Index (EUR - PR) (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.
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