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Portfolio |
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| | JSE Overall | 94 710 | | -0.22% |
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| 8,580 |
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8,828 |
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| Close Fri 20 Jun | 8,670 |
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P/E Ratio | – |
| Open Fri 20 Jun | 8,670 |
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EPS - TTM | – |
| Best Bid | – |
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DPS - TTM
Dividend
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–
n/a
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| Best Offer | – |
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Dividend Yield | – |
| Volume Fri 20 Jun | – |
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Market Cap | 21.68m |
| Range Fri 20 Jun | 8,670–8,670 |
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Shares In Issue | 250 000 |
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| Based on the specifications of the index provider Solactive AG, the Solactive Robotics and Drones indices target the pioneers in the robotics and drones industry. Only companies that meet several quality standards are included on the shortlist. Every index member needs to demonstrate that a significant share of its business is focused on the robotics and drones sector, or that the company is currently developing its own robotics and drones division with the potential to bring in a major share of overall revenue. The concept of the indices also takes account of the dynamic environment of this highly innovative business segment, as at pre-sent no-one knows what direction the developments of robotics and drones will take and which companies will ultimately dominate. The respective index concept therefore provides for a “fast entry” rule alongside the twice-yearly index adjustments, which take place in March and September: This ensures that stock companies can be incorporated in the index at any time, e.g. immediately after an initial public offering, provided they meet the quality standards.
The UBS Certificate linked to the Solactive Robotics and Drones Index tracks the performance of the underlying index, which reinvests any net dividends from index members. |
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