Home page > Outperformance Indices > Traditional Assets > Diva Dividend
Objective & Strategy  |  Graph Index vs Benchmark  |  Track Record  |  Marketing Information  |  Quotations  |  External Web Sites

Objective & Strategy
  • Index designed by BNP Paribas and Standard & Poor’s to play the outperformance of high-dividend stocks over large caps in one single trade:
    - Long position in the DJ EuroSTOXX Select Dividend 30 Total Return index
    - Short position in the DJ EuroSTOXX 50 Total Return index
  • Long and short positions rebalanced weekly to maintain a market neutral position

Graph Index Vs Benchmark
Index: Diva Dividend (Total Return)
Benchmark:
Scale: Linear Logarithmic
Dates: From :

Marketing Information
Please login to download our documentation

Username:
Password:
Forgot your password?
18/11/2008 BNPP Diva Index brochure FR
18/11/2008 BNPP Diva Index brochure EN

Quotations
BLOOMBERG:
Total Return index: <SPBNPDVE Index>

REUTERS:
Total Return index: <.SPBNPDVE>

BLOOMBERG PAGE: BNIX

External Web Sites
cib.bnpparibas.com
globalmarkets.bnpparibas.com
equities.bnpparibas.com
www.produitsdebourse.bnpparibas.fr
www.harewood-am.com
www.easyetf.com
Index Map
Key:
  Global
  Europe
  US
  Asia/Pacific
  Japan
  Emerging Countries
  Commodities
Track Record

Last update: 02/01/2009

PERFORMANCES

Sliding YTD 6M 1Y 3Y*
Diva Dividend +0.73 % -12.10 % -19.20 % -4.11 %
EONIA +0.01 % +1.83 % +3.85 % +3.57 %
* annualized performance : working days / 252


Annual
1999 2000 2001 2002 2003 2004 2005 2006 2007
Diva Dividend -6.56 % +15.91 % +12.86 % +24.18 % +2.12 % +13.71 % +3.49 % +15.14 % -8.08 %
EONIA +2.79 % +4.28 % +4.55 % +3.39 % +2.38 % +2.10 % +2.14 % +2.92 % +3.99 %
Annual *
2004 2005 2006 2007
Diva Dividend +13.71 % +3.49 % +15.14 % -8.08 %
EONIA +2.10 % +2.14 % +2.92 % +3.99 %
* annualized performance : working days / 252


RISK INDICATORS

3Y * Beta Annualized volatility Sharpe ratio Max drawdown Time to recovery
Diva Dividend -5.28 +11.29 % -0.08 -33.00 %
-
EONIA
-
+0.13 % +0.00 +0.00 % 0 w
* annualized performance : working days / 252


Since inception * Beta Annualized volatility Sharpe ratio Max drawdown Time to recovery
Diva Dividend -0.10 +13.92 % +0.43 -33.00 %
-
EONIA
-
+0.13 % +-0.00 +0.00 % 0 w

*Inception date: 01/08/1999.
Performances calculated on a Total Return basis (EUR).

COMPOSED BY

CALCULATED BY


DISCLAIMER
The information and opinions contained in this document have been obtained from public sources believed to be reliable, but no representation or warranty, express or implied, is made that such information is accurate or complete and it should not be relied upon as such. This document does not constitute a prospectus or other offering document or an offer or solicitation to buy any securities or other investment. No BNP Paribas Group Company accepts any liability whatsoever for any direct or consequential loss arising from any use of material contained in this document. All estimates and opinions included in this document constitute our judgements as of the date of this document. BNP Paribas does not guarantee the accuracy or completeness of this analysis or the calculation methods, any errors or omissions in computing or disseminating this analysis, and for any use you make of it. The analysis has been prepared in good faith by BNP Paribas in accordance with BNP Paribas’ own internal models and calculation methods and is for your information only. Analysis based on different models or assumptions may yield different results. Numerous factors may affect the analysis, which may or may not be taken into account. Therefore, this analysis may vary significantly from analysis obtained from other sources or market participants. This document contains Index performance data based on back-testing, i.e., calculations of the performance of the Index prior to launch if it had existed, using the same current Index methodology and based on the initial constituents of the Index. Back-testing performance information is purely hypothetical, is provided in this document solely for informational purposes, does not represent actual performance and should not be interpreted as an indication of actual or future performance .

Diva Dividend (the “Index”) is the exclusive property of BNP Paribas, which has contracted with Standard & Poor’s (“S&P”) to maintain and calculate the Index. S&P and BNP Paribas do not guarantee the accuracy and/or completeness of the Index, any data included therein, or any data from which it is based, and BNP Paribas and S&P shall have no liability for any errors, omissions, or interruptions therein. BNP Paribas and S&P make no warranty, express or implied, as to results to be obtained from the use of the Index. S&P makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, in no event shall BNP Paribas and S&P have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. BNP Paribas has selected the components that comprise the Index. S&P’s role is limited to providing consulting services to BNP Paribas and performing calculations and data distribution in connection with the Index.

S&P does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of the Index. A decision to invest in any such investment fund or other vehicle should not be made in reliance on any of the statements set forth in this document. Prospective investors are advised to make an investment in any such fund or vehicle only after carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or similar document that is prepared by or on behalf of the issuer of the investment fund or vehicle.





Terms of Use | Designed by Internet Solutions