FTSE Qualified Global Convertible Index

Designed to provide a broad measure of the performance of the investable, global convertible bond market.

About the FTSE Russell Qualified Global Convertible Index

Qualifying fixed income securities may be rated investment grade or non-investment grade by a recognised rating agency or unrated, may be issued with fixed or floating rates and must meet minimum size requirements in their local currency.

Individual issuers are capped at 4% of the Index at the start of each month. The index is rebalanced monthly to ensure the constituents’ continued compliance with the index rules though bonds may be removed from the index during the month, as a result of corporate actions.

Mandatory convertible bonds (i.e. convertible bonds which must be converted into equities at a given date), perpetual convertible bonds (i.e. convertible bonds which do not have a maturity date), and bonds issued under Rule 144a are excluded.

Index announcements

Stay up-to-date and read the latest index change notices and announcements.

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