Modulor Dividend Index

The index consists of an equity portfolio focused on high and growing payout
yields and stable value creation for the shareholder. Initially the global universe is
limited to the best quintile using a multifactor model consisting of valuation,
quality and momentum. In this limited universe the stocks with the highest
dividends and profits are selected. Historically, these stocks have a better riskadjusted
performance. The portfolio management team selects about 50 stocks
by taking into account additional criteria and external scoring models. The allocation
arises out of the attractiveness of the different sectors and regions due to
a valuation and momentum model. The final weighting of the stocks is based on
the individual contribution to the return/ risk expectation.

Intraday Times in Central European Time -- CET

Please note that the index chart above may be partly comprised of historical performance illustration based on a backtest. The guideline provides an indication where this is the case.

Master Data

Bloomberg Ticker: MODDIV Index

Current quotes

Last quote 01/19/2018, 22:29: 169.9592 XXP
Day range: 169.9592 / 169.9592 XXP
Change abs./rel.: 0.00 / 0.00%
Year range: 151.5570 / 170.8226 XXP