Index series A-Z
The FTSE UK Index Series is designed to represent the performance of UK companies, providing investors with a comprehensive and complementary set of indices that measure the performance of all capital and industry segments of the UK equity market.
In response to feedback from market practitioners, and after ratification by the FTSE Policy Group at their meeting on 24 September 2013, FTSE is pleased to confirm that it will extend the implementation notice period for the FTSE UK Index Series to give clients an extra 5 business days notice to prepare for the trades involved following each review.
To accommodate the extended implementation notice period for the FTSE UK Index Series the data cut-off date for determining index inclusions and exclusions will be moved forward by one week. Further details are available from the FAQ document which includes an updated review schedule for 2014.
This index comprises the 100 most highly capitalised blue chip companies listed on London Stock Exchange. It is used extensively as a basis for investment products, such as derivatives and exchange-traded funds. (UKX)
This index measures the total return of the underlying FTSE 100 index, combining both capital performance and reinvested income. Dividend income is presumed to be reinvested on the dividend (xd) date.
All dividends paid by UK tax residents are applied as declared. Where a company with REIT status declares a Property Income Dividend (PIDs) any appropriate withholding tax adjustment will be applied. Dividends paid by non-UK tax resident companies are adjusted for withholding tax based on the maximum withholding tax rates applicable to dividends received by institutional investors who are not resident in the same country as the remitting company and who do not benefit from double taxation treaties. (UKXNUK)
The FTSE 100 Dividend Index RDSA Withholding Index represents the cumulative value of ordinary declared cash dividends by the individual constituents of the underlying FTSE 100 Index, calculated on the ex dividend (xd) date and expressed in terms of index points. All dividends are as declared by companies and no withholding tax adjustments are made with the exception of dividends paid by Royal Dutch Shell A Shares from which a 15% withholding tax is deducted. (F1DIV)
The FTSE 100 Declared Dividend Index represents the cumulative value of ordinary cash dividends paid by the individual constituents of the underlying FTSE 100 Index, calculated on the ex dividend (xd) date and expressed in terms of index points. All dividends are as declared by companies and no withholding tax adjustments are made. The FTSE 100 Declared Dividend Index runs for a one-year period from the trading day following the third Friday in December to the following third Friday in December. (F1DIVD)
The FTSE 250 comprises mid-capitalised companies not covered by the FTSE 100, and represents approximately 15% of UK market capitalisation.
Representing 98-99% of UK market capitalisation, FTSE All-Share is the aggregation of the FTSE 100, FTSE 250 and FTSE Small Cap Indices.
The FTSE UK Capped 5% Indices are based on the underlying constituents of the FTSE 100 Index and FTSE All-Share Index. At the UK quarterly reviews companies that have a weight in their respective index of greater than 5% are capped. The series is made up of the following:
The FTSE UK Dividend+ Index is a yield weighted index designed to select and measure the performance of higher yielding stocks within the universe of the FTSE 350 Index, excluding investment trusts. The FTSE UK Dividend+ Index selects the top 50 stocks by one-year forecast dividend yield. The constituents’ weightings within the index are determined by their dividend yield as opposed to market capitalisation.
The FTSE UK Dividend+ Index was created to allow investors to capture the long-term effect of higher compounding returns, and benefit from the lower correlations to traditional market cap weighted indices.
The dividend information for the FTSE UK Dividend+ is provided by Markit Group Limited (“Markit”), the leading industry source for independent mark-to-market pricing, asset valuations, dividend forecasting and index services.
The FTSE 350 Supersector Indices provide investors with a new view of one of the world's most important markets. The 18 highly tradable real-time sector indices are derived from the blue chip companies in the FTSE 100 and FTSE 250 indices.
The FTSE UK Style Index provides investors with a measure of the performance of value and growth companies within the FTSE 350.
The FTSE Expiry Indices facilitate the calculation of the Exchange Delivery Settlement Price ("EDSP") for the FTSE 100 and FTSE 250 Index Contracts on Euronext.liffe and Turquoise (FTSE100 only).
The FTSE SmallCap consists of companies outside of the FTSE 350 Index and represents approximately 2% of the UK market capitalisation.
The FTSE Fledgling is for UK companies listed on the main market of the London Stock Exchange that are too small to be included in the FTSE All-Share.
The FTSE All-Small Index consists of all the companies in the FTSE SmallCap and FTSE Fledging indices.