S&P Brazil Dividend Indices launched by S&P Dow Jones Indices
Indices licensed to BB DTVM, Banco do Brasil Asset Management, for the
creation of index-linked products
NEW YORK, Aug. 1, 2013
NEW YORK, Aug. 1, 2013 /PRNewswire/ --S&P Dow Jones Indices announced today
the launch of the S&P Brazil Dividend Indices (the "Indices") which seek to
track the performance of dividend paying securities focused on the Brazilian
market – considered one of the fastest-growing emerging markets in terms of
gross domestic product. The Indices have been licensed to BB DTVM, Banco do
Brasil Asset Management, for the creation of index-linked products.
"The concept of dividends in emerging markets has been growing in popularity
in recent years as growth in those markets has slowed," says Vinit Srivastava,
director of strategy indices at S&P Dow Jones Indices. "Over the past 15
years, dividends have increasingly contributed to Brazil's broad market
returns as measured by the S&P Brazil Broad Market Indices (BMI), accounting
for over a quarter of the market's total returns during that period. The S&P
Brazil Dividend Indices are some of the first dividend-focused indices in the
Brazilian market that specifically look at stocks' dividends as a way to
capture growth and maximize yield."
The S&P Global BMI serves as the primary universe of the S&P Brazil Dividend
Indices. The Index family is comprised of three indices:
oThe S&P Dividend Aristocrats Brasil Index tracks the performance of the 30
S&P Brazil BMI constituents that have consistently increased or maintained
stable dividends every year for at least three years.
oThe S&P Brazil Dividend Opportunities Index measures the performance of 40
of the highest yielding constituents of the S&P Brazil BMI that meet size,
liquidity and profitability criteria.
oThe S&P Brazil Dividend Opportunities SmallMidCap Index is designed to
measure the performance of 25 of the highest yielding small cap and mid
cap constituents of the S&P Brazil BMI that meet size, liquidity and
To learn more about S&P Dow Jones Indices, please visit: www.spdji.com.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's
largest, global resource for index-based concepts, data and research. Home to
iconic financial market indicators, such as the S&P 500® and the Dow Jones
Industrial Average^TM, S&P Dow Jones Indices LLC has over 115 years of
experience constructing innovative and transparent solutions that fulfill the
needs of investors. More assets are invested in products based upon our
indices than any other provider in the world. With over 830,000 indices
covering a wide range of asset classes across the globe, S&P Dow Jones Indices
LLC defines the way investors measure and trade the markets. To learn more
about our company, please visit www.spdji.com.
Standard & Poor's and S&P are registered trademarks of Standard & Poor's
Financial Services LLC, a part of McGraw Hill Financial. Dow Jones is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These
trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible
to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and
their respective affiliates (collectively "S&P Dow Jones Indices") do not
sponsor, endorse, sell, or promote any investment fund or other investment
vehicle that is offered by third parties and that seeks to provide an
investment return based on the performance of any index. This document does
not constitute an offer of services in jurisdictions where S&P Dow Jones
Indices does not have the necessary licenses. S&P Dow Jones Indices receives
compensation in connection with licensing its indices to third parties.
SOURCE S&P Dow Jones Indices
Contact: David R. Guarino, Communications, S&P Dow Jones Indices, (+1) 212 438
1471, email@example.com, or Soogyung Cho, Communications, S&P Dow Jones
Indices, (+1) 212 438 2297, firstname.lastname@example.org
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