FTSE Capped Nordic Index
The FTSE Capped Nordic Index is a modified market capitalization–weighted index designed to measure the performance of the investable equity markets of Denmark, Finland, Norway, and Sweden. Constituent weights are capped semi-annually by FTSE to enforce issuer diversification constraints. Issuers whose weight in the index exceeds 4.5% are capped to ensure that their weight, in aggregate, does not exceed 20%. Returns for periods prior to October 1, 2009, are those of the uncapped FTSE Nordic Index.
The index uses the universe of the FTSE All-World Index - Nordic Region. The Index is free float adjusted, liquidity tested and managed by an independent committee to provide the most transparent and easy way to access the largest and most liquid companies in this market.
Further Information
FTSE Capped Nordic Index Factsheet
FTSE Capped Nordic Index Rules
For more information about FTSE's custom index capabilities please contact your local Client Services representative.