FTSE 100 EWFD: A FTSE Russell index

We use both the FTSE 100 and the FTSE 100 EWFD in our products. This page of our website provides resources for professional advisers wanting to know more about the FTSE 100 EWFD.

The FTSE 100 Equal Weight Fixed Dividend Custom Index (‘FTSE 100 EWFD’)  is a FTSE Russell index. It was launched by FTSE Russell in March 2017 (with simulated data to 2001), with a starting level of 1,000. The FTSE 100 EWFD comprises the same 100 stocks as the FTSE 100, uses the same methodology re quarterly reviews and constituents, and adheres to the same FTSE Russell FTSE UK Index Series Ground Rules as the FTSE 100

As its name suggests, the FTSE 100 EWFD differs to the FTSE 100 in two important ways:


  • The ‘EW’ : the 100 companies in the FTSE 100 EWFD are all equally weighted, at 1%, by FTSE Russell, instead of being weighted according to their market capitalisation.
  • The ‘FD’ : the FTSE 100 EWFD is based on a total return index, including dividends paid by the companies. However, a fixed dividend of 50 points per year is deducted when FTSE Russell work out the index level.

The FTSE 100 EWFD was developed by FTSE Russell, in collaboration with Societe Generale, which has an exclusive license with FTSE Russell (Tempo have agreed exclusivity for our plans in the UK) in order to address an issue which investment banks may encounter when structured products are linked to the FTSE 100, with the aim of improving product terms for investors.

Improved structured product terms which can be achieved through use of the FTSE 100 EWFD can include: lower end of term barrier levels; lower conditions for positive returns to be generated; and higher potential returns.


ADVISER RESOURCES

TEMPO - FTSE 100 EWFD: AT A GLANCE  
TEMPO - FTSE 100 EWFD: INTRODUCTION AND OVERVIEW  
TEMPO - FTSE 100 EWFD: IN PLAIN ENGLISH (PLAN BROCHURE PAGES)  
SOCIETE GENERALE - FTSE 100 EWFD: OVERVIEW  
SOCIETE GENERALE - FTSE 100 EWFD: MONTHLY FACTSHEETS  
SOCIETE GENERALE - FTSE 100 EWFD: ANIMATED VIDEO  

GENERAL RESOURCES: FTSE RUSSELL, MSCI, ETC.  
GENERAL RESOURCES: WEB LINKS  
  • FTSE 100 EWFD DAILY LEVEL

  • To access the FTSE 100 EWFD daily level (including the ability to compare it with the FTSE 100) through the FT website: CLICK HERE