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
27-01-2020 2377.1958
24-01-2020 2430.5580
23-01-2020 2395.0906
22-01-2020 2410.9390
21-01-2020 2414.6779
20-01-2020 2427.6683
17-01-2020 2430.4998
16-01-2020 2410.5427
15-01-2020 2417.6857
14-01-2020 2410.7002
13-01-2020 2405.5973
10-01-2020 2392.1313
09-01-2020 2396.8811
08-01-2020 2391.8668
07-01-2020 2397.1976
06-01-2020 2397.4998
03-01-2020 2410.7985
02-01-2020 2410.9841
31-12-2019 2398.4149
30-12-2019 2408.8455
27-12-2019 2422.4596
24-12-2019 2420.3862
23-12-2019 2412.2256
20-12-2019 2391.5376
19-12-2019 2391.5398
18-12-2019 2383.4063
17-12-2019 2386.3492
16-12-2019 2391.3136
13-12-2019 2343.9346
12-12-2019 2300.6007
Date Level
27-01-2020 2377.1958
24-01-2020 2430.5580
23-01-2020 2395.0906
22-01-2020 2410.9390
21-01-2020 2414.6779
20-01-2020 2427.6683
17-01-2020 2430.4998
16-01-2020 2410.5427
15-01-2020 2417.6857
14-01-2020 2410.7002
13-01-2020 2405.5973
10-01-2020 2392.1313
09-01-2020 2396.8811
08-01-2020 2391.8668
07-01-2020 2397.1976
06-01-2020 2397.4998
03-01-2020 2410.7985
02-01-2020 2410.9841
31-12-2019 2398.4149
30-12-2019 2408.8455
27-12-2019 2422.4596
24-12-2019 2420.3862
23-12-2019 2412.2256
20-12-2019 2391.5376
19-12-2019 2391.5398
18-12-2019 2383.4063
17-12-2019 2386.3492
16-12-2019 2391.3136
13-12-2019 2343.9346
12-12-2019 2300.6007

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.