The Cash Cows Indexes use an objective rules-based methodology beginning with an initial universe and screens down to select the top constituents in the index universe based on a specified criteria.
The Cash Cows IndexTM Series seeks to leverage a rules-based strategy to provide exposure to companies with high dividend yields backed by a high free cash flow yield. The Index universe is derived from the constituents of the FTSE Developed Large Cap Index. All Financials except for Real Estate Investment Trusts (REITS) are excluded.
A strategy driven index that aims to provide capital appreciation over time by screening the Russell 1000 for the top 100 companies based on free cash flow yield.