The WOWAX indices are two benchmarks of the world watersector.
The WOWAX indices consist of the 20 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 World Water (WOWAX) (USD - 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 Water (WOWAX) (USD - 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 Water (WOWAX) (USD - TR) or any other third parties.