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Current DateTime: 08:27:12 23 Nov 2009
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For more information, please contact:
Hugo Foulds
Director of Communications, EMEA

Direct dial: +44 (0)20 7653 9398
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FTSE and CNBC Launch FTSE CNBC Supersector Index Series
Published: Tuesday, 1 May 2007 | 4:09 PM ET
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By: CNBC Europe

London, 12 March 2007 - CNBC, the recognised global leader in business news, and FTSE Group, the award-winning global index company, have collaborated to create the new sector indices, derived from the FTSE CNBC Global 300 Index.

“We are delighted to again partner with CNBC to create these innovative indices,” says Imogen Dillon Hatcher, Managing Director at FTSE Group. “The FTSE CNBC Supersector Index Series will allow investors to identify macroeconomic opportunities for investment as well as better attribution analysis and the identification of possible sectorial areas of interest.”

The new custom indices have been created for CNBC for use across the entire CNBC global TV network, particularly on its daily global programme Worldwide Exchange.

The FTSE CNBC Supersector indices are based on the Industry Classification Benchmark (ICB) and will comprise 18 new sector indices.  The companies in the FTSE CNBC Global 300 index are taken from the FTSE Global Equity Index Series which covers over 7,000 securities in 48 different countries, capturing 98% of the world’s investable market capitalisation.

The indices are calculated on a real time basis every 15 seconds in US dollars and a total return index will be calculated at the end of each day in US dollars. The indices commenced calculation on 5 March 2007.

For more information, please contact:

CNBC Europe      
Hugo Foulds       
+44 (0)20 7653 9398     
   


FTSE Group
Sabrina Bhangoo / Jo Mayall
+44 (0)20 7866 1821



About CNBC Europe

CNBC Europe is the only pan-European real-time financial and business channel dedicated to European CEOs and senior corporate executives, the European financial services industry and the European investor. Today the channel is available in over 100 million homes, 1,400 banks and financial institutions and thousands of four and five star hotel rooms throughout Europe, the Middle East and Africa. CNBC Europe is wholly owned subsidiary of NBC Universal. NBC Universal is the broadcasting unit of the General Electric Company (GE).

About FTSE

FTSE Group is a world-leader in the creation and management of indexes. With offices in Beijing, London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco, Boston, Shanghai and Tokyo, FTSE Group services clients in 77 countries worldwide.  It calculates and manages the FTSE Global Equity Index Series, which includes world-recognized indexes ranging from the FTSE All-World Index, the FTSE4Good series and the FTSEurofirst Index series, as well as domestic indexes such as the prestigious FTSE 100. The company has collaborative arrangements with the Athens, AMEX, Cyprus, Euronext, Johannesburg, London, Madrid, NASDAQ and Taiwan exchanges, as well as Nomura Securities and Xinhua Finance of China. FTSE also has a collaborative agreement with Dow Jones Indexes and has developed a single sector classification system for global investors.

FTSE indexes are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. Independent committees of senior fund managers, derivatives experts, actuaries and other experienced practitioners review all changes to the indexes to ensure that they are made objectively and without bias.  Real-time FTSE indexes are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.

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