To provide access to high-yielding securities from BRIC countries, S&P Indices has launched its BRIC High Yield Index, which comes with risk-control versions.
Date: May 23, 2012
The Index provides exposure to 40 high-dividend yielding companies in Brazil, Russia, India, and China.
On top of this exposure, the S&P BRIC High Yield Risk Control Indices offers investors an efficient and cost-effective means of monitoring risk by targeting a specific level of volatility. The indices are designed with a focus on liquidity, and with the goal of supporting investment products such as index funds, index portfolios, and index futures and options.
"The focus of many BRIC investors has shifted to seeking high-yielding stocks while trying to control risk as markets conditions continue to fluctuate,” said Alka Banerjee, Vice President at S&P Indices.