SIX Swiss Exchange has introduced the SXI Real Estate All Shares Index, tracking the performance of companies operating within the real estate sector with a primary listing on SIX. The index is an extension of the existing SXI Real Estate Index family and is suitable to underlie future investment products including ETFs.
Existing indices in the SXI Real Estate Index suite include:
SXI Real Estate Broad Index
SXI Real Estate Shares Broad Index
SXI Real Estate Funds Broad Index
SXI Swiss Real Estate Index
SXI Swiss Real Estate Shares Index
SXI Swiss Real Estate Funds Index
The first three ‘Broad’ indices track the performance of real estate company shares, real estate funds, or both, listed on SIX. Currently, the SXI Real Estate Funds Broad Index only includes funds which invest at least 75% of their assets in Switzerland. SIX has also announced however that this rule is to be applied consistently to all SXI Real Estate Broad indices as of 18 September 2017.
The SXI Swiss Real Estate Shares Index tracks the performance of the five largest and most liquid real estate companies listed on SIX. The SXI Swiss Real Estate Funds Index tracks the ten largest and most liquid real estate funds listed on SIX. Both indices will only include a stock or fund if it invests at least 75% of its assets in Switzerland. The SXI Swiss Real Estate Index is a combination of the previous two indices.