The NEX is available in four currencies: USD, Euro, Pound Sterling, and Japanese Yen. Closing values of the Index will be calculated on a 24-hour day that will end at 5:30 PM New York time. The end-of-day Index calculations will use WM closing spot exchange rates as of 4 PM London time and each component stock’s closing price on its primary market. The WilderHill New Energy Global Innovation Index (NEX) naturally provides attributes for socially responsible investment products, and for fulfilling institutional mandates. The Index has innovation, independence, transparency, technical excellence, global exposure, and diversification built in.
How To Invest In The NEX
An investor cannot directly buy an index. There are commonly, however, index-tracking funds available to 'buy' an index by closely matching index performance.
An independent Fund, the PowerShares Global Clean Energy Portfolio, symbol PBD, seeks to mirror the performance of NEX. Investors wishing to trade the global clean energy sector as defined by the WilderHill New Energy Global Innovation Index (NEX) can contact their Broker or PowerShares directly, for PBD. An Exchange Traded Fund (ETF) helpfully calculates intra-day in the U.S. Generally speaking ETFs will also carry characteristics of intra-day trading and transparency.
Licensing Opportunities
WilderHill New Energy Finance, LLC offers Licenses for various commercial uses worldwide of the WilderHill New Energy Global Innovation Index (NEX); i.e., for using the Index as a benchmark or the basis for financial products and funds of various sorts. For further information, contact us.
The WilderHill New Energy Global Innovation Index is calculated by the Custom Index Solutions division of Dow Jones Indexes, a premiere provider of market indicators. The Custom Index Solutions division offers comprehensive calculation, creation and cooperation services for third-party indexes, employing the same state-of-the art technology for index computation and dissemination used to generate real-time values of the Dow Jones Industrial Average and other Dow Jones-branded indexes. For more information, visit www.djindexes.com.
No financial instruments or products based on the NEX are sponsored, endorsed, sold or promoted by WilderHill New Energy Finance, LLC or Dow Jones Indexes, and WilderHill New Energy Finance, LLC and Dow Jones Indexes make no representation regarding the advisability of investing in such product(s). Neither Powershares nor the Powershares Global Clean Energy Portfolio based on the NEX are sponsored, sold, endorsed or promoted by Wilderhill New Energy Finance, LLC or Dow Jones & Company, Inc., and Wilderhill and Dow Jones make no representation regarding the advisability of investing in the product.
The WilderHill New Energy Global Innovation Index (“NEX”) is published by WilderHill New Energy Finance, LLC and is calculated by Dow Jones Indexes.
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