The Ardour Global Alternative Energy IndexesSM are designed to serve as fair, impartial and transparent measures of the performance of the Alternative Energy Industry. They embody certain characteristics that distinguish them from other indexes that attempt to cover the same industry. There are currently five indexes in the Ardour Global Alternative Energy Index family:
|Ardour Global IndexSM (Composite) - (Ardour CompositeSM)||AGIGL|
|Ardour Global IndexSM (Extra Liquid) - (Ardour XLSM)||AGIXL|
|Ardour Solar Energy IndexSM||SOLRX|
|Ardour Global IndexSM (North America) - (Ardour NASM)||AGINA|
|Ardour Global IndexSM (EMEA) - (Ardour EMEASM)||AGIEM|
Key defining factors include:
The S-Network ITG Agriculture IndexSM embraces agriculture companies from around the world. As a result, the index reflects the different factors driving the ongoing development of the industry, including important development initiatives in key emerging markets.
Ardour Global Alternative Energy IndexesSM strive to include all companies over a certain size that are principally engaged in the field of alternative energy.
Ardour Global Alternative Energy IndexesSM include only those companies that are principally engaged in the field of alternative energy and exclude those companies in which alternative energy is peripheral to their main business. Pure play companies create a more accurate benchmark for the industry.
Ardour Global Alternative Energy IndexesSM depends on a clearly defined rules-based methodology, which is overseen by an impartial Index Committee. Little discretion is exercised in compiling the Indexes and a pre-defined screening protocol assures a consistent, transparent and arms-length compilation process.
Ardour Global Alternative Energy IndexesSM are supported by extensive data, including the wide dissemination of real time prices, extensive historic data and important information about constituent stocks.