{"id":6597,"date":"2007-09-26T00:00:00","date_gmt":"2007-09-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"barrons-400-index-to-serve-as-basis-of-structured-note","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2007\/barrons-400-index-to-serve-as-basis-of-structured-note.html","title":{"rendered":"Barron’s 400 Index To Serve As Basis Of Structured Note"},"content":{"rendered":"

New York Sept. 26, 2007<\/strong>\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d Dow Jones Indexes, a leading global index provider, today announced the Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s 400 Index will serve as the basis of a structured note issued by Morgan Stanley. This is the first time the recently launched Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s 400 Index has been licensed to underlie an investment product.<\/p>\n

Launched on Sept. 4, 2007, the Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s 400 Index tracks the performance of highly liquid U.S. stocks, highlighting America\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s most promising companies as defined by fundamentals-related rules-based criteria>. The index is a joint collaboration of Dow Jones Indexes and Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s, which are business units of Dow Jones & Company.<\/p>\n

\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cThe Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s 400 Index is a unique barometer of some of the most liquid and dynamic U.S. companies. We have already received a good deal of attention from the investment community and expect further interest in this innovative index offering.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said Michael A. Petronella, president of Dow Jones Indexes.<\/p>\n

Kevin Woodruff, Morgan Stanley\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Head of North America Equity Derivatives, said, \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cProviding access to underliers like the Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s 400 Index highlights Morgan Stanley\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s commitment to delivering innovative ways for our clients to enhance their portfolio returns.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/p>\n

To be eligible for inclusion, stocks are rated by fundamental criteria that measure companies\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2 profitability, cash flow and growth and value style characteristics. Fundamental analysis and rating of stocks is conducted by MarketGrader.com Corp., a research firm based in Coral Gables, Fla.<\/p>\n

Stocks must then pass additional rules-based screens applied by Dow Jones Indexes: Securities must have a minimum float-adjusted market capitalization of $250 million USD, and at least 100 of the index\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s 400 stocks must each have market capitalization of more than $3 billion USD. Companies must have reported quarterly or annual earnings results within six months prior to semi-annual reviews, and their stocks must have traded an average of at least $2 million daily for the preceding three months.<\/p>\n

The top 400 stocks that meet these criteria are selected as components of the Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s 400 Index. Components are equal weighted and industries are capped at 20% of the index to ensure diversification. Real estate investment trusts (REITs) are ineligible for inclusion.<\/p>\n

The index is reviewed semi-annually in March and September. Estimated daily back-tested history is available back to December 31, 1997. Back-tested performance information is purely hypothetical and does not represent actual performance. Past performance is not indicative of future results.<\/p>\n

Index values are published daily on the Dow Jones Indexes Web site (http:\/\/djindexes.com<\/a>) and on Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Online (http:\/\/www.barrons.com<\/a>).<\/strong><\/p>\n

 <\/strong><\/p>\n

 <\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

New York Sept. 26, 2007\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d Dow Jones Indexes, a leading global index provider, today announced the Barron\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s 400 Index will serve as the basis of a structured note issued by Morgan Stanley. This is the first time the recently launched […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-6597","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6597"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6597\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}