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Main characteristics

Bloomberg Code WAEXC
Inception Date 30/08/2006
Return Type Total Return
Currency EUR
CALCULATED_BY S&P Dow Jones
COMPOSED_BY Robecosam

Objective

The WAEX indices are two benchmarks of the alternative energy sector. The WAEX indices include the 20 largest stocks involved in:
- Renewable energy (solar, wind and biomass).
- Energy efficiency (better use of energy generation, which involves industries such as energy meters and supraconductors).
- Decentralized energy supply (power generation in close proximity to the consumer, involving microturbines and fuel cells).

WAEX is an equally weighted benchmark, that is the weight of each member is set at 5% on quarterly basis. WAEXcw is a market-cap weighted benchmark, with a cap at 10% so as to maintain an efficient diversification (ie no stock can weight more than 10% in the benchmark). The indices are rebalanced every quarter and an index review takes place every six months.

Mechanism

The WAEX indices are two benchmarks of the alternative energy sector. The WAEX indices include the 20 largest stocks involved in:- Renewable energy (solar, wind and biomass)- Energy efficiency (better use of energy generation, which involves industries such as energy meters and superconductors)- Decentralized energy supply (power generation in close proximity to the consumer, involving micro turbines and fuel cells)WAEX is an equally weighted benchmark that is the weight of each member is set at 5% on quarterly basis. WAEXcw 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).The indices are rebalanced every quarter and an index review takes place every six months.

The World Alternative Energy CW Index (WAEXcw) (EUR - TR) (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 World Alternative Energy CW Index (WAEXcw) (EUR - TR) 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 World Alternative Energy CW Index (WAEXcw) (EUR - TR) or any other third parties.