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
03-04-2020 1804.1772
02-04-2020 1814.8763
01-04-2020 1826.4866
31-03-2020 1882.1533
30-03-2020 1868.5150
27-03-2020 1866.5626
26-03-2020 1914.4976
25-03-2020 1858.0218
24-03-2020 1806.6959
23-03-2020 1713.6447
20-03-2020 1794.8614
19-03-2020 1793.4372
18-03-2020 1786.8787
17-03-2020 1830.5712
16-03-2020 1815.1777
13-03-2020 1880.4250
12-03-2020 1854.8002
11-03-2020 2003.4222
10-03-2020 2024.0333
09-03-2020 2031.2958
06-03-2020 2152.1210
05-03-2020 2212.5971
04-03-2020 2238.6234
03-03-2020 2222.7660
02-03-2020 2201.4629
28-02-2020 2176.5725
27-02-2020 2242.1442
26-02-2020 2300.9133
25-02-2020 2304.4863
24-02-2020 2347.3932
Date Level
03-04-2020 1804.1772
02-04-2020 1814.8763
01-04-2020 1826.4866
31-03-2020 1882.1533
30-03-2020 1868.5150
27-03-2020 1866.5626
26-03-2020 1914.4976
25-03-2020 1858.0218
24-03-2020 1806.6959
23-03-2020 1713.6447
20-03-2020 1794.8614
19-03-2020 1793.4372
18-03-2020 1786.8787
17-03-2020 1830.5712
16-03-2020 1815.1777
13-03-2020 1880.4250
12-03-2020 1854.8002
11-03-2020 2003.4222
10-03-2020 2024.0333
09-03-2020 2031.2958
06-03-2020 2152.1210
05-03-2020 2212.5971
04-03-2020 2238.6234
03-03-2020 2222.7660
02-03-2020 2201.4629
28-02-2020 2176.5725
27-02-2020 2242.1442
26-02-2020 2300.9133
25-02-2020 2304.4863
24-02-2020 2347.3932

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.