The FTSE techMARK Index Series is based on the technology stocks listed on the London Stock Exchange's (LSE) techMARK market, as classified according to the ICB (Industrial Classification Benchmark). The indices provide market participants with tools to measure the performance of companies involved in the innovative technologies that are shaping the future. The indices include:
FTSE techMARK All-Share Index - comprises all companies included within the LSE's techMARK market.
FTSE techMARK Focus Index - comprises companies within the FTSE techMARK All-Share Index, which are under £4 billion by full market capitalisation (before the application of any investability weightings or capping restrictions).
FTSE techMARK Mediscience Index - a real-time index comprising mid and small cap companies within the LSE's techMARK Mediscience market. Constituents are from the Pharmaceuticals, Biotechnology, Medical Equipment and Supplies sectors, as classified by ICB.
The indices are suitable for benchmarking and can be used as tools in the creation of index-tracking products, exchange traded funds (ETFs) and derivatives.
Index rules should be read in conjunction with supportingFTSE Russell noticesThese notices advise of advance changes in index methodology, which may not be reflected in index rules until the change effective date. The notices may also communicate revisions in index treatment in the period up to a rule change.