New Stoxx index taps Eurex futures to offer direct access to dividends

Index provider Stoxx has created the Eurostoxx 50 Dividend Points Futures Index. The index measures the performance of a hypothetical portfolio by investing an equal amount in one- to five-year Eurex futures contracts listed on the Eurostoxx 50 Dividend Points Index.

This is the first time investors have been able to get direct access to dividends, rather than to the companies that pay them. “We have taken dividend futures of different maturities and levelled them to get a finite maturity, to