编辑: sunny爹 | 2014-08-09 |
5 (August 2018) Singapore Exchange iEdge APAC ex Japan Dividend Leaders REIT Index: Index Methodology C Version 1.3 (June 2018) Page
2 of
22 Version Log Version Date Description of changes 1.0
1 August
2016 Document creation 1.1
7 October
2016 Amendment of document (S.9.1.1.) 1.2
1 July
2017 ? Annual Methodology Review ? Updating of Section 12.4 Index Cessation 1.3
28 February
2018 Updating of Section 2.1 Eligibility Criteria 1.4
14 June
2018 Addition of new Indices calculated in SGD 1.5
24 August
2018 iEdge Renaming iEdge APAC ex Japan Dividend Leaders REIT Index: Index Methodology C Version 1.3 (June 2018) Page
3 of
22 Contents 1. Background.4 2. Eligibility Criteria.5 3. Size &
Liquidity Criteria.6 4. Free-Float Criteria.8 5. Index Review.9 6. Treatment of New Initial Public Offerings.11 7. Foreign Ownership Restrictions.12 8. Corporate &
Index Actions
13 9. Dissemination
14 10. Base Data.15 11. Index Calculation
16 12. Policy.17 13. Sector Classification.19 14. Governance.20 15. Contact Information
21 Disclaimer.22 iEdge APAC ex Japan Dividend Leaders REIT Index: Index Methodology C Version 1.3 (June 2018) Page
4 of
22 1. Background 1.1. The iEdge Asia Pacific (APAC) ex Japan Dividend Leaders REIT Index ('
Index'
) is a dividend- weighted index that captures over 70% (by total market capitalisation) of the Real Estate Investment Trust (REIT) universe within the Asia Pacific ex Japan region. The Index measures the performance of REITs that pay the largest dividends within the region, while considering several criteria including size, representation, free-float and liquidity. 1.2. This document sets out the rules for construction, calculation and maintenance of the Index. iEdge APAC ex Japan Dividend Leaders REIT Index: Index Methodology C Version 1.3 (June 2018) Page
5 of
22 2. Eligibility Criteria 2.1. A company is defined as a REIT, if a company'
s business sector is classified as Real Estate Investment Trusts (REITs) , as defined by the Factset Revere Business Industry Classification System (RBICS). Please refer to Section 13.0 C Sector Classification for more information on RBICS. 2.2. REITs listed on the following exchanges are eligible for inclusion: ? Australian Securities Exchange (Australia) ? Shanghai Stock Exchange (China) ? Shenzhen Stock Exchange (China) ? Hong Kong Stock Exchange (Hong Kong) ? Bombay Stock Exchange Limited (India) ? National Stock Exchange of India Limited (India) ? Indonesian Stock Exchange (Indonesia) ? Bursa Malaysia (Malaysia) ? NZX (New Zealand) ? Philippine Stock Exchange (Philippines) ? Singapore Exchange (Singapore) ? Korea Exchange (South Korea) ? Taiwan Stock Exchange (Taiwan) ? Stock Exchange of Thailand (Thailand) 2.3. Only primary listings are eligible for inclusion. Specific to Thailand, only Non-Voting Depository Receipts (NVDRs) are considered eligible for inclusion. 2.4. Companies are screened for eligibility at each index review date, as defined in Section
5 C Index Review. iEdge APAC ex Japan Dividend Leaders REIT Index: Index Methodology C Version 1.3 (June 2018) Page
6 of
22 3. Size &
Liquidity Criteria 3.1. Eligible companies are screened for size and liquidity semi-annually, at each index review date in March and September. 3.2. Newly listed companies are treated as new constituents, and will be screened from the date of listing to the review cut-off dates. 3.3. Free-Float Market Capitalisation 3.3.1. New constituents must meet a minimum median free-float market capitalisation of US$300M, measured at each index review date. 3.3.2. Existing constituents must meet a minimum median free-float market capitalisation of US$240M, measured at each index review date. 3.3.3. In the March review, the median of a company'