Description
The Custom Index comprises Australian-listed securities within the All Ordinaries Index which are projected to have an ex-dividend event within 6 months of rebalance and for which the dividend is expected to be large and fully-franked. Securities are spread across industries and comprise a blend of stocks with market capitalisation above and below a pre-determined threshold. The selection of each security, and its weight in the index, is determined according to a set of objective criteria. The Custom Index is rebalanced every 2 months. After-tax returns are computed (1) from the perspective of an Australian superannuation fund (Superannuation) with a 15% tax rate, and (2) from the perspective of an Australian resident investor with a 0% tax rate (Tax-Exempt).
Documents
The custom indices published in the “Client Information” section are proprietary to the client. S&P Dow Jones Indices LLC (SPDJI) is not the “Benchmark Administrator” (as defined in the International Organization of Securities Commission Principles for Financial Benchmarks of July 2013 and ESMA/EBA Principles for Benchmark Setting Processes of June 6, 2013) for such indices and SPDJI does not assume any responsibilities of a Benchmark Administrator for such indices.
