NASDAQ OMX Launches REIT Benchmark Index Family

- Partners With ETRE Financial to Create New Methodology for 12 Real Estate Indexes

News provided by
The NASDAQ OMX Group
Jun. 25, 2014 21:30
NEW YORK--(Korea Newswire)--The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and ETRE Financial, LLC (ETRE) today announced a new partnership in the Real Estate Investment Trust (REIT) benchmark index space, with the launch of 12 co-branded indexes. The new indexes, available now, include:

“NASDAQ OMX continually searches out ways to bring better benchmarks to the investment community,” said Dave Gedeon, Managing Director of Index Development at NASDAQ OMX. “ETRE Financial is an innovator in the single asset exchange traded property market and partnering with ETRE will allow NASDAQ and ETRE to create better benchmarks for real estate investors in measuring returns and gaining exposures. We are excited by the opportunity to bring these new benchmarks to market.”

The NASDAQ ETRE REIT Index family is designed to provide smart-beta exposure to the U.S. real estate market through the usage of REIT security types. The indexes use ETRE Financial's unique proprietary Enterprise Value methodology to weight components based on the total value of the underlying properties of the real estate investment trust (REIT), rather than simply the traditional market cap equity value of the component.

Jesse Stein, Co-Founder and Chief Operating Officer at ETRE added, “A weighting system that incorporates Enterprise Value as the basis for an index more closely approaches the actual performance of the real estate marketplace, and provides a benchmark for single asset exchange traded property valuation.”

The indexes launched on May 1, 2014, with price and total return versions, and are disseminated over NASDAQ OMX's Global Index Data (GIDS) Service. More information can be found here www.nasdaqomx.com/indexes.

About NASDAQ OMX Global Indexes *
NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.

Daily index values, weightings and historical data for NASDAQ OMX indexes are available via NASDAQ OMX Global Index Watch(https://indexes.nasdaqomx.com/Home/IndexData) and NASDAQ OMX Global Index Data Service(http://www.nasdaqomx.com/transactions/marketdata/u.s.products/globalindexdataservicegids).

* NASDAQ OMX was named “2014's Most Innovative Index Provider” by the readers of ETF Trends

About NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today‘s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion. To learn more, visit www.nasdaqomx.com.

About ETRE Financial
ETRE Financial, a real estate financial technology company, was founded in 2012 by a team of real estate professionals who sought to bring the benefits of the equities market - including liquidity, transparency and investor accessibility - to the commercial real estate market. ETRE encompasses capital advisory, asset management, trading and credit analysis systems to provide an end-to-end solution for liquid, transparent and accessible real estate investing in publicly-traded REITs and exchange-listed single asset commercial real estate properties. To learn more, please visit www.etrefinancial.com.

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

Information containing any historical information, data or analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Past performance does not guarantee future results. As of the date of this press release, none of the investment strategies mentioned in this press release currently have live assets invested in any fund, separately managed account or other financial product that seeks to track the index's performance, and any performance results for periods prior to the inception date of the calculation and dissemination of each index is back tested and not live and does not reflect any transaction or other fees that an investor would need to pay when investing in a similar strategy.

None of the information in this press release constitutes an offer to sell (or a solicitation of an offer to buy), any security, financial product or other investment vehicle or any trading strategy.

You cannot invest in an index. NASDAQ OMX does not issue, sponsor, endorse, market, offer, review or otherwise express any opinion regarding any investment or financial product that may be based on or linked to the performance of these investment strategies.

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements about our capital return initiatives. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX‘s control. These factors include, but are not limited to, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX‘s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC's website at www.sec.gov. NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Website: http://www.nasdaqomx.com

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