The EVEN 30™ Index

Key features of the EVEN 30™ Index

Equally weighted

The EVEN 30™ Index is an equally weighted index with no pre-determined bias to any company or sector. This means that large stocks do not dominate or distort the index.
No dividends, no fees or charges

Like indices such as the FTSE 100 Index, the EVEN 30™ Index is calculated based on the performance of stock prices, excluding dividends. The calculation of the Index is unaffected by account charges or fees.
Index reconstruction

The EVEN 30™ Index has been based at an initial level of 1000 on 16 January 1998. As of 16 September 2010, the EVEN 30™ Index has been calculated live, on a daily basis.

There are two ways in which the index is designed to be lower risk than the FTSE 100 Index.

Choice of stocks

The EVEN 30™ Index is based on the performance of the 30 least volatile stocks from the 100 largest companies listed on the London Stock Exchange.
Volatility control

If the volatility of the EVEN 30™ Index remains high relative to the 100 largest companies listed on the London Stock Exchange, the index applies a volatility control which proportionally reduces its exposure to the 30 stocks.