Last Updated: September 21, 2018
Inception Date: 2008-09-28 00:00:00.0
Date Funded: 2012-10-09*
|Folio||S&P 500 Total Return|
Note: Tickers and weights for RTG Folios are only available when logged in.
Steps to Create This Folio
The Bank of New York Mellon Select ADR Index folios align with their corresponding BNY Mellon Select ADR Indices. Below is a summary of the methodology of these indices. For more information on the BNY Mellon ADR indices, visit www.adrbnymellon.com.
To be eligible for initial inclusion in the Select Indices, a security must be a member of the broader index. In addition, the following criteria were applied:
- Price greater than or equal to $3.
- Minimum 3 month average daily ADR trading volume greater than or equal to 25,000 shares, or 125,000 ordinary shares in the local market. (In the case of new ADRs whose ADR and ordinary volume is less than 3 months, average daily volume for the available time period will be used in the calculation.) Volume is based on the primary exchange.
- Free-float adjusted market capitalization greater than or equal to $250 million.
- Passive Foreign Investment Companies (PFIC) are excluded based upon the best available information.
Eligible securities are evaluated to ensure their overall consistency with the character, design, and purpose of the Select Index to further its use as an effective benchmark. Decisions regarding additions to and removals from the index along with the weighting of the constituents are made by the BNY Mellon ADR Index Administrator subject to periodic review by the BNY Mellon ADR Index Committee.
Number of Securities
The number of securities in the folio will vary.
Monthly. BNY Mellon Select ADR Index folios will generally align with the corresponding BNY Mellon Select ADR Indices. This involves adjustments for company additions and deletions, weighting in the index, share changes, stock splits, stock dividends, and stock price adjustments due to company restructurings, spin-offs, or other corporate actions and other adjustments deemed necessary by the BNY Mellon ADR Index Administrator.
If the characteristics of the folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a folio has been updated that you place orders to update your holdings.