The Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd. (CSI) have recently announced the official release of SSE Wealth Mid-Small Index (hereinafter referred to as SSE Wealth Mid-Small) on April 6, 2011. The new index is the second one of the "Wealth Series" indices (The first one is CSI Wealth Large Cap Index launched on September 25, 2009) developed by CSI upon request of MANULIFE TEDA Fund Management Co., Ltd. (MANULIFE TEDA). Upholding the concept of "wealth", it handpicks 200 SSE-listed small- and mid-cap companies with the fastest wealth growth rate as its constituents. In terms of weight method, it innovatively takes the financial indicators measuring wealth growth as the basis for weight distribution. In other words, the faster the wealth growth is, the bigger the weight for an individual stock will be, which well reflects the philosophy of investing in the firms with the fastest wealth growth. It is also learnt that MANULIFE TEDA is planning the development of ETF products based on the new index.
SSE Wealth Mid-Small (whose index code is 000091) adopts December 31, 2004 as its base day and 1,000 points as its base point. Investors can keep themselves informed of the real-time index quotes through the securities quotes terminals. For compilation method and detailed materials of SSE Wealth Mid-Small, please refer to the websites of the SSE (www.sse.com.cn) and CSI (www.csindex.com.cn).
FTSE Mondo Visione Exchanges Index:
Shanghai Stock Exchange Wealth Mid-Small Index To Debut
Date 15/03/2011