The S-Network ITG Agriculture IndexSM (Ticker: AGRI) is designed to serve as a fair, impartial and transparent measure of the performance of the Global Agriculture Industry. It embodies certain characteristics that distinguish it from other indexes that attempt to cover the same industry.
Key defining factors include:
Global. The S-Network ITG Agriculture IndexSM embraces agriculture companies from around the world. As a result, the index reflects the different factors driving the ongoing development of the industry, including important development initiatives in key emerging markets.
Primary Agriculture. The S-Network ITG Agriculture IndexSM contains only those companies engaged in “primary” agriculture and excludes companies engaged in packaged food production and distribution. Accordingly, it includes only those companies that produce agricultural commodities and products and services essential to the production of agricultural commodities.
Inclusive. The S-Network ITG Agriculture IndexSM strives to include all companies over a certain size that are significant participants in the global agriculture industry. The S-Network ITG Agriculture IndexSM is a composite index and includes companies engaged in the following agricultural sectors: a) Seeds, Chemicals and Fertilizers, b) Equipment and Irrigation, c) Commodity Agricultural Products and d) Livestock Producers.
Pure Play. The S-Network ITG Agriculture IndexSM includes only those companies that are principally engaged in the global agriculture industry. To be included in the index, a company must generate at least 50% of its revenues from its participation in the agricultural sector. Overall, the S-Network ITG Agriculture IndexSM generates well over 75% of its total revenues from agriculture-related activities.
Rules Based. The S-Network ITG Agriculture IndexSM depends on a clearly defined rules-based methodology, which is overseen by an impartial Index Committee. Little discretion is exercised in compiling the Index and a pre-defined screening protocol assures a consistent, transparent and arms-length compilation process.
Data Rich. The S-Network ITG Agriculture IndexSM is supported by extensive data, including the wide dissemination of real time prices, extensive historic data and important information about constituent stocks.
Index values are disseminated via the Chicago Mercantile Exchange using the following ticker: AGRI