The RBS MIDDLE EAST PR INDEX ZERO CERT™ offers investors access to the fast growing Middle East economies in a single, highly-diversified product that trades like a stock.Its underlying, the RBS Middle East Price Return Index, is a modified market capitalisation weighted index composed currently of stocks from the 30 largest companies listed on the stock exchanges of the United Arab Emirates, Jordan, Egypt, Kuwait, Oman and Qatar. Selected stocks must have a market capitalisation of more than USD 400 million and a daily liquidity greater than USD 1 million.
Its underlying, the RBS Middle East Price Return Index, is a modified market capitalisation weighted index composed currently of stocks from the 30 largest companies listed on the stock exchanges of the United Arab Emirates, Jordan, Egypt, Kuwait, Oman and Qatar. Selected stocks must have a market capitalisation of more than USD 400 million and a daily liquidity greater than USD 1 million.
INVESTOR BENEFITS
The Middle East countries have experienced spectacular growth with the most prominent equity indices in the region posting up to 600%* growth over the last three years1. With soaring oil prices, coupled with increasing liberalisation in legal, tax and regulatory systems, public infrastructure development and a booming and young population, an unparalleled level of foreign direct investment is pouring into the region2. The RBS MIDDLE EAST INDEX ZERO CERT™ aims to reap gains from the region’s robust economies poised for further rapid growth, through the performances of a diversified group of companies in the important sectors such as banking and finance, telecommunications and building and construction.
*Past performance of the index is not indicative of future performance of the product.
1 Bloomberg, Case 30 Index, June 2006;
2 IMF, World Economic Outlook, October 2007;
INTERACTIVE CHART
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Last Updated on
26 Jul 2010 09:30
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Note: Statistical and chart data represent the product BID prices. The
underlying prices shown are not real-time prices, i.e. they are delayed due to
mandatory requirements of the data provider.
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