NEW YORK, Oct. 14, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) is launching eight new indexes today in the NASDAQ BulletShares® Index Family.
The new NASDAQ BulletShares Ladder Indexes are traditional bond ladders implemented through indexes utilizing target maturity bond ETFs.
"These new indexes will provide the financial community a benchmark for tracking one of the most common types of fixed-income investing, bond-laddering," said John Jacobs, Executive Vice President, NASDAQ OMX Global Indexes. "The NASDAQ BulletShares Ladder Indexes are the next step for NASDAQ and Accretive Asset Management in creating new ways to measure fixed income investing."
The BulletShares Ladder Indexes are equal-weighted and are rebalanced annually in December so that they have equal weightings across portfolio constituents. The Ladder Indexes, listed below, are comprised of Guggenheim BulletShares exchange-traded funds ― which track the NASDAQ BulletShares corporate and high yield fixed-income indexes.
|Index Symbol||Index Name|
|BSCP03||NASDAQ BulletShares Corporate Debt 0-3 Ladder Index|
|BSHY03||NASDAQ BulletShares High Yield Debt 0-3 Ladder Index|
|BSCP05||NASDAQ BulletShares Corporate Debt 0-5 Ladder Index|
|BSHY05||NASDAQ BulletShares High Yield Debt 0-5 Ladder Index|
|BSCP03T||NASDAQ BulletShares Corporate Debt 0-3 Ladder Total Return Index|
|BSHY03T||NASDAQ BulletShares High Yield Debt 0-3 Ladder Total Return Index|
|BSCP05T||NASDAQ BulletShares Corporate Debt 0-5 Ladder Total Return Index|
|BSHY05T||NASDAQ BulletShares High Yield Debt 0-5 Ladder Total Return Index|
The NASDAQ BulletShares Index Family is co-branded by NASDAQ OMX and Accretive Asset Management, LLC. The NASDAQ BulletShares Indexes represent the performance of an investment in a diversified, held-to-maturity portfolio of fixed-income securities with a common year of maturity. Accretive developed the BulletShares methodology in 2009 with the objective of combining the benefits of individual bonds and bond funds.
With the launch of the NASDAQ BulletShares Ladder Indexes, the NASDAQ BulletShares Index Family now consists of 28 indexes covering the investment grade and high yield corporate debt markets.
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
About NASDAQ OMX Group
The inventor and transformer of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies with revolutionary technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the US and Europe, we own and operate 24 markets, 3 clearinghouses and 6 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to traffic more than 1 million messages per second at sub-80 microsecond speeds with 99.999% uptime, our technology drives more than 70 exchanges in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to 3,300 listed companies worth $5.1 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ BulletShares Indexes and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. NASDAQ OMX makes no recommendation to buy or sell any financial product nor any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Source:The NASDAQ OMX Group, Inc.