BENCHMARK INDICES

Indices as underlyings of financial instruments offer the possibility to design investment strategies individually and flexibly and, as a rule, to implement them at low cost compared to classic funds. The idea behind indices in general is to reflect the development of defined markets. As early as 1884, the founders of the Wall Street Journal, Charles Dow and Edward Jones, started to calculate an index of the most important company shares in the USA. The index, known as "Dow Jones" for short, became the model for all securities indices worldwide and is still one of the most important indicators of the performance of securities today.

In addition to classic indexing, regulated reference values - so-called benchmark indices under EU benchmark regulation - are becoming increasingly important. Since the introduction of EU benchmark regulation in 2017, only registered EU benchmark administrators are allowed to launch indices that are used as underlyings of publicly available financial instruments.

Promptly after the introduction of EU Benchmark Regulation in 2017, Chartered Investment established its subsidiary LIXX, which has been registered as an EU Benchmark Administrator on the ESMA register since 2018. Since then, LIXX Index Innovation offers a wide range of indices - from classic equity indices to ESG indices to exotic crypto indices and innovative indices with momentum strategies.