BM&FBOVESPA Electric Utilities Index (IEE)

Electric Utilities Index (IEE)

  • The index

    Presentation 

    The Electric Utilities Index (IEE) is compiled as a weighted average of a theoretical portfolio of stocks pursuant to criteria set forth in this methodology.

    The indices compiled by B3 adopt concepts and practices set forth in the Concepts and Practices Manual for B3 Indices.

    Objective
    The IEE is designed to measure average performance tracking changes in the prices of the more actively traded and better representative electricity sector stocks.

    Index type
    The IEE is a total return index. As such, it assumes distributions and certain other corporate actions are reinvested back into the index.

    The adjustment calculation assumes a hypothetical stock sale at the closing “cum-price” as of the trading day prior to the ex-date, with the sale proceeds being used in buying additional stocks at the “ex-price”.

    Eligible stocks
    The Electric Power Index is composed exclusively of shares and units representing shares of B3-listed issuers which meet the inclusion criteria set forth below.

    The index universe excludes Brazilian Depositary Receipts (BDRs) and shares of issuers under judicial or extrajudicial reorganization, government- or court-ordered administration or intervention, as well as shares otherwise designated to be under exceptional trading status (see the Concepts and Practices Manual for B3 Indices).

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