Tokyo Stock Exchange To Begin Calculating US Dollar Hedged Index
To satisfy market demand for TOPIX index values that hedge foreign currency risk, the Tokyo Stock Exchange has been calculating and publishing the TOPIX Total Return Euro Hedged Index since January 2011 and will now begin calculating the TOPIX Total Return Index hedged into US Dollars.
The TOPIX Total Return US Dollar Hedged Index is calculated by hedging beginning-of-period balances using rolling one-month USD-JPY currency forward contracts. The index uses a hedge ratio of 100% and calculation is based on a methodology developed by S&P Dow Jones Indices.
[Overview of the TOPIX Total Return Pound Hedged Index]
|Name of Index||TOPIX Total Return US Dollar Hedged Index|
|Index Calculation||Please see the Tokyo Stock Exchange Currency Hedged Index Guidebook for details:
|Base Date / Base Value||Wednesday , August 31, 2005 / 1,463.56 points|
|Index Publication||Index values are available on a fee basis. Please contact the TSE at the e-mail address/phone number below for information on obtaining index data, licensing, etc.|