Investec Structured Products

The EVEN 30™ Index

The EVEN 30™ Index tracks the performance of the 30 least volatile stocks from the 100 largest companies listed on the London Stock Exchange. The index is rebalanced monthly and based on a clear and pre-defined formula.

 

The index is calculated daily by Finvex Group SA/NV (‘Finvex Group’), the Calculation Agent. Their calculation is checked daily by Investec Bank plc, the Index Sponsor.

EVEN 30 Index Levels

Date Level
26-09-2022 2008.8009
23-09-2022 2004.6891
22-09-2022 2016.9185
21-09-2022 2045.2347
20-09-2022 2025.6407
16-09-2022 2041.2054
15-09-2022 2051.6167
14-09-2022 2062.0946
13-09-2022 2098.7761
12-09-2022 2123.6341
09-09-2022 2095.9650
08-09-2022 2075.6170
07-09-2022 2078.6905
06-09-2022 2081.7579
05-09-2022 2071.0120
02-09-2022 2076.1323
01-09-2022 2048.4581
31-08-2022 2079.5146
30-08-2022 2096.4141
26-08-2022 2111.7588
25-08-2022 2131.9401
24-08-2022 2139.9315
23-08-2022 2136.3666
22-08-2022 2171.4080
19-08-2022 2182.6580
18-08-2022 2183.9011
17-08-2022 2179.8563
16-08-2022 2186.3049
15-08-2022 2187.7602
12-08-2022 2174.6171
Date Level
26-09-2022 2008.8009
23-09-2022 2004.6891
22-09-2022 2016.9185
21-09-2022 2045.2347
20-09-2022 2025.6407
16-09-2022 2041.2054
15-09-2022 2051.6167
14-09-2022 2062.0946
13-09-2022 2098.7761
12-09-2022 2123.6341
09-09-2022 2095.9650
08-09-2022 2075.6170
07-09-2022 2078.6905
06-09-2022 2081.7579
05-09-2022 2071.0120
02-09-2022 2076.1323
01-09-2022 2048.4581
31-08-2022 2079.5146
30-08-2022 2096.4141
26-08-2022 2111.7588
25-08-2022 2131.9401
24-08-2022 2139.9315
23-08-2022 2136.3666
22-08-2022 2171.4080
19-08-2022 2182.6580
18-08-2022 2183.9011
17-08-2022 2179.8563
16-08-2022 2186.3049
15-08-2022 2187.7602
12-08-2022 2174.6171

Volatility driven

There are two ways in which the index is designed to be lower risk than the FTSE 100 Index. 

  1. The EVEN 30™ Index is based on the performance of the 30 least volatile stocks from the 100 largest companies listed on the London Stock Exchange. 

2. If the volatility of the EVEN 30™ Index remains high relative to the 100 largest companies listed on the London Stock Exchange, the index applies a volatility control which proportionally reduces its exposure to the 30 stocks. 

Equally weighted

The EVEN 30™ Index is an equally weighted index with no pre-determined bias to any company or sector. This means that large stocks do not dominate or distort the index.

No dividends, no fees or charges

Like indices such as the FTSE 100 Index, the EVEN 30™ Index is calculated based on the performance of stock prices, excluding dividends. The calculation of the Index is unaffected by account charges or fees.

Index reconstruction

The EVEN 30™ Index has been based at an initial level of 1000 on 16 January 1998. As of 16 September 2010, the EVEN 30™ Index has been calculated live, on a daily basis.